While most businesses rarely get rebate checks from their group health insurer, this year may be different as insurance companies are expected to pay back record excess premiums, as required by the Affordable Care Act. The landmark insurance law requires that insurers spend at least 80% of their premium income on medical care and medications, […]
Insurers Will Pay Record Amount of Rebates to Small Group Plans Read More »
Employees working in the rain face specific hazards, such as poor visibility and wet, slippery surfaces. When it’s wet and windy, potential hazards at a worksite can be exacerbated. Working in the rain can cause slippery surfaces and limited visibility. It’s also riskier to use heavy equipment in the rain, particularly when moving heavy loads,
Protecting Your Workers in the Rain Read More »
After a period of relative stability, the future of the Affordable Care Act has once again been thrown into uncertainty. In a surprise move, the Department of Justice announced that it would not further pursue an appeal of a ruling by U.S. District Court Judge Reed O’Connor, and instead asked the 5th U.S. Circuit Court
DOJ Tells Court to Nullify ACA; What’s Next? Read More »
While hacking by outsiders is posing a larger and more significant threat to companies of all sizes, the threat of insider jobs – particularly by disgruntled former employees – is often an even bigger one. These attacks, carried out with malicious intent to hamstring a company’s operations, can cause serious problems. Take, for example, the
Protect Your Firm from Hacking by Disgruntled Former Employees Read More »
More accidents attributed to smartphone use while driving, coupled with much higher costs of repairs, have led to double-digit increases in commercial auto insurance rates over the past few years. Distracted driving is just one of many factors that have converged on commercial auto insurance claims, resulting in sustained premium increases. Now there are new
Commercial Auto Rates Face New Headwinds Read More »
Three in five employers think their contracts with pharmacy benefit managers are overly complex and not transparent, according to a new study. The study, which found that employers would prefer that PBMs are more transparent with their pricing and would like them to focus less on rebates and value-based designs, comes as PBMs are under
Employers Say Pharmacy Benefit Manager Contracts too Complex, Opaque Read More »
A typical organization will lose an estimated 5% of its revenues every year due to fraud, according to a study by the Association of Certified Fraud Examiners. The median loss among organizations both large and small was $140,000 per occurrence, and more than 20% of embezzlement losses were more than $1 million, the association found.
Employee Embezzlement on the Rise – Are You Protected? Read More »
The Trump administration is moving ahead with new regulations that would make it easier for employers to enter into health reimbursement arrangements (HRAs) with their employees, a practice that can be severely penalized under the Affordable Care Act. Under the proposed regulations – issued by the departments of Labor, Treasury and Health and Human Services
Proposed Rule Would Allow Employers to Reimburse Staff for Health Premiums Read More »
While the Trump administration has eased off a number of regulations and enforcement actions during the past two years, Fed-OSHA continues focusing on the safety of temporary workers as much as it did under the Obama presidency. This puts the onus not only on the agencies that provide the temp workers, but also on the
OSHA Stays Serious About Temp Worker Safety Read More »
The IRS has proposed new regulations that could let employers avoid Affordable Care Act employer mandate-related penalties by allowing them to reimburse employees for insurance they purchase on health insurance exchanges or the open market. The regulations are not yet finalized, but the IRS has issued a notice explaining how applicable large employers, instead of
Proposed Rules Include New Ways to Satisfy Employer Mandates 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!
