3 minute read Drug abuse is costing U.S. employers some $81 billion annually due to employee illness, absences and lost productivity, and the problem has only gotten worse during the COVID-19 pandemic, according to a new study. The National Council on Alcoholism and Drug Dependence found that 70% of the estimated 14.8 million Americans who […]
Employee Drug Abuse Weighs on Employers Read More »
2 minute read As the light at the end of the pandemic tunnel gets brighter, more health insurers are ceasing to offer cost-sharing waivers for COVID-19 treatment. After legislation was enacted in 2020 that required health insurance companies to cover COVID-19 tests and vaccines, many insurers voluntarily waived all deductibles, copayments and other costs for
Health Plans Dropping Out-of-Pocket Cost Waivers for COVID-19 Treatment Read More »
As the number of cyber attacks against businesses continues to grow, insurers that provide cyber liability and other cyber-related coverage have started intensifying their scrutiny of their clients’ databases and operational security. When a business suffers a cyber attack it could result in fraudulent wire transfers or having its systems rendered frozen, which can be
What Cyber Insurance Underwriters Look For Read More »
2 minute read The recently enacted American Rescue Plan Act of 2021 includes a 100% COBRA subsidy for up to six months for employees laid off during the COVID-19 pandemic. The subsidy is in effect through September 30. Due to the short ramping up period, it’s imperative that employers who have laid off workers, or
100% COBRA Subsidy in Effect Through Sept. 30 Read More »
3 minute read A new study has identified the top five health conditions that are driving the overall cost of group health plan outlays, and without which spending would actually be falling. The report is enlightening, and employers can use the findings to offer programs aimed at education and prevention to help control their employees’
The Top Five Health Conditions Driving Insurance Read More »
2.5 minute read COVID-19 workers’ compensation claims have not been as widespread as insurers and ratings agencies around the country had predicted when the pandemic first started in early 2020. Also, a large chunk of COVID-19 workers’ compensation claims filed by workers nationwide have been rejected, with insurers often citing lack of proof that the
Insurers Expected COVID-19 Workers’ Comp Surge; It Never Came Read More »
2 minute read There are new Summary of Benefits and Coverage notice requirements for health plans starting with the 2021 coverage year. The requirements, released by the Department of Labor, have new model templates, new instructions and new information that affects the coverage examples that are required to be in SBC documents that employers with
Changes for 2021 Summary of Benefits and Coverage Read More »
2 minute read Part of the COVID-19 relief package that Congress passed in late December includes a notable provision that bans surprise medical bills when out-of-network doctors work on insureds at in-network hospitals. This so-called “balance billing” occurs when an out-of-network provider is involved in a patient’s care at a hospital that accepts their insurance,
New Law Bans Surprise Billing Read More »
3 minute read The $900 billion COVID-19 relief bill, passed by Congress and signed into law on Dec. 27, includes a number of provisions that affect employers and their workers in terms of paid sick leave and Emergency Family and Medical Leave Act provisions. The legislation also boosts unemployment benefits to out-of-work Americans, as well
COVID-19 Relief Bill Extends Unemployment Benefits, PPP and More Read More »
3 minute read With the COVID-19 pandemic weighing on employers and employees alike, businesses can help their staff by leveraging health savings accounts to pay for out-of-pocket expenses. Congress in 2020 untethered HSAs and flexible spending accounts by changing the rules that prohibited account holders from using the funds in their accounts for over-the-counter medicines
Leveraging HSAs to Help Your Staff Manage Health Care Costs Read More »
This is the face you make after a minor mishap with filming!
My introduction before Craig Lack is now long lost footage.
That’s show biz, right?!
The good news is that Craig is talking about the strategies we’re both using to help organizations liberate the dollars trapped in their health spend.
I’m available after you watch and learn to talk the nitty gritty – how it works, implementation, executive buy-in and employee adoption.
Happy Watching!
