How Biosimilars Can Significantly Reduce Pharmacy Costs for Employers
Pharmacy benefits are the fastest growing benefit in healthcare. They’re the most utilized employee benefit and represent approximately 30% of ...
Benefits
How HR Leaders Can Build a Strong Business Case for Benefits
Proving the return on investment (ROI) of employer-sponsored benefits is more important than ever. Read on for information about the ...
DOL Confirms Cybersecurity Guidance Applies to All ERISA Plans
On September 6, 2024, the U.S. Department of Labor (DOL) issued a Compliance Assistance Release No. 2024-01 confirming that prior cybersecurity ...
How to Create an Effective Benefits and Wellbeing Communication Plan
Many companies limit their benefits and wellbeing communication to annual open enrollment and new hire orientation, but this approach often ...
IRS Releases 2025 Limits for Retirement Plans
On November 1, the IRS announced the new 401(k) plan limits for 2025. We’ve pulled together the key changes for employers ...
New Claims Reimbursement and Records Request Requirements for California Plans and Insurers
On September 27, 2024, two new bills were signed into law that will have an impact on California health care service plans ...
New Prescription Drug Requirements for Kentucky
Joining Idaho, Oklahoma, and Florida, Kentucky Governor Andy Bashear signed SB 188 into law earlier this year, which is new legislation ...
CMS Final Rules on Civil Monetary Penalties for Medicare Secondary Payer Reporting to be Applied on or after October 11, 2024
The Centers for Medicare and Medicaid (CMS) issued Final Rules on how and when civil monetary penalties may be imposed ...
California Makes Changes to State Disability Insurance and Paid Family Leave
On September 28, 2024, California Governor Gavin Newsom approved SB 1090, which makes changes to California state disability insurance (SDI) and paid family ...
How a 401(k) Advisor Helps Retirement Plan Committees Support Employees
While a retirement plan committee’s focus is on its fiduciary responsibilities, it can also help employees become more financially ...
Health Insurance Options for Small Businesses and Startups
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Mental Health Parity Final Rules Released
On September 9, 2024, the Departments of Treasury (IRS), Labor (DOL) and Health and Human Services (HHS) (collectively, the “Departments”) published their ...