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Texas Court Stresses Comp Carrier is Entitled to Full “First Money” in Worker’s Third-Party Tort Settlement

The Workcomp Writer

Texas Mutual, the workers’ compensation carrier for Stevenson’s employer, paid workers’ compensation benefits to and on behalf of Stevenson for his injuries. Stevenson countered that the trial court should limit Texas Mutual’s recovery to $27,519, before deductions for attorney’s fees and expenses to Stephenson’s counsel.

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New Transparency Requirements for Health Plans

AssuredPartners

Departments of Health and Human Services, Labor and the Treasury (together, the Departments) issued a final rule under the Patient Protection and Affordable Care Act (PPACA) and in furtherance of an executive order issued in 2019. Insurance cards must include in-network and out-of-network deductibles and out-of-pocket maximums.

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Benefits Advocate: The Secret to Healthcare Literacy and Cost Control

Corporate Synergies

A benefits advocate who delivers the how and why of plan use when employees are asking for assistance helps the employer control health insurance costs. To cut health plan costs, many employers are moving toward a self-funded plan that provides transparency into claims data. As Seen In. More on that in a minute.

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Creating the “Urgent Care First” Mindset for Employee Benefits

Corporate Synergies

Adopting an urgent care first mentality can help employees and employers control healthcare costs. But these centers could also help employers minimize expensive emergency room (ER) claims. The cost to the employer (and often the employee) is often far less than the ER. © 2019 Corporate Synergies Group, LLC. As Seen In.

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Why Transparency Has Become a Trending Topic for Benefit Agencies

GRA Benefits Group

Though deductibles and out-of-pocket limits are more defined, what is covered, and how much is often impossible to predict. Advocates have arrived in the form of third-party vendors, apps, and even insurance carriers. Health insurance carriers are actively placing a stronger emphasis on cost transparency as a result.

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

Many of the provisions in this sweeping legislation bring changes to the employee benefits world of which employers should take note and which are summarized below. The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit.

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2nd COVID-19 Relief Bill Includes Many Other Changes 2021 & 2022!

Fringe Benefit Analysts

On top of a $600 Stimulus check that has gone out to Americans, there are many other parts of the law that may affect Employers. Employers should consider the follow parts of The Act that will affect you and your employees ! The Consolidated Appropriations Act of 2021 (The Act) was signed into law on December 28th by President Trump.