InterWest Insurance Services
APRIL 22, 2022
House of Representatives has passed legislation that would cap the out-of-pocket cost of insulin at $35 a month for people with group or private health insurance. While the measure still has to face a vote in the Senate, it has broad backing after the cost of insulin has skyrocketed in recent years. How it would work.
InterWest Insurance Services
JULY 6, 2023
More and more insurers are expanding the use of telemedicine, just as a new study shows promising cost savings of up to 25% from virtual care when implemented properly. It’s envisioned that these stand-alone telehealth benefits would operate similarly to dental and vision benefits, remaining separate from health care plans.
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AssuredPartners
OCTOBER 17, 2022
Filings are not necessary for account-based plans such as Health Reimbursement Arrangements (HRAs) or excepted benefit plans, such as a stand-alone Dental/Vision plan. Finally, plan sponsors and insurers must report any reduction in premiums and out-of-pocket costs associated with these rebates, fees, or other remuneration.
AssuredPartners
AUGUST 5, 2021
This rule, entitled Transparency in Coverage, requires group health insurance carriers and self-insured plans to disclose rates and cost-sharing information for all covered items and services. Effective January 1, 2024 , the online cost-sharing information must include all covered items and services.
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