fbpx

Uncategorized

drug cost

Trump Issues Executive Orders to Reduce Drug Costs

President Trump has issued executive orders aimed at reducing the cost of medications by tying Medicare payment for outpatient drugs to international prices, passing drug-maker rebates to patients and not middlemen, and allowing individuals to import prescription medications. Another executive order aims to force community health centers that receive 340B drug discounts to pass discounts …

Trump Issues Executive Orders to Reduce Drug Costs Read More »

Commercial insurance

Commercial Property Insurance Rates Rise as Risks Grow

Commercial property insurance rates are on the rise across the country as insurers continue wrestling with the toll of increasing natural disasters, rising social unrest around the world (including the U.S.) and the COVID-19 pandemic. Additionally, insurance companies have become more stringent in their underwriting by restricting some coverages and excluding risks that may have …

Commercial Property Insurance Rates Rise as Risks Grow Read More »

Stop! Get your status checked

Insurers Don’t Have to Pay for Testing Returning Workers: HHS

New guidance from the Trump administration absolves insurers of the responsibility of paying for COVID-19 tests that are required for workers who are returning to the job. The guidance, released by the departments of Health and Human Services, Labor and Treasury, means that employers will likely either have to foot the bill themselves as they …

Insurers Don’t Have to Pay for Testing Returning Workers: HHS Read More »

back to work

More Workers Filing COVID-19-related Lawsuits against Employers

As the COVID-19 pandemic wears on and more employees go back to work, the risk of catching the disease for workers has spawned a growing wave of employment litigation.  Lawsuits are flying as employers struggle to keep their workplaces safe and negotiate an often-confusing mishmash of new and existing laws and regulations. Regulators have been …

More Workers Filing COVID-19-related Lawsuits against Employers Read More »

lawsuits

Protecting Your Firm from Employee Benefit Lawsuits

Employment practices and employee benefit-related lawsuits are on the rise – and employers have to be eternally vigilant when it comes to meeting their compliance obligations as plan sponsors. Take the case of Visteon, a global automotive industry supplier, which outsourced its payroll and enrollment/disenrollment functions to outside plan administrators.  But because of internal mistakes …

Protecting Your Firm from Employee Benefit Lawsuits Read More »

Malcare WordPress Security