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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

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. Insurance Co. 2019) (citing Tex. Texas Mutual filed a petition in intervention to recover its subrogation lien. Subrogation Hearing. 3d 650, 651 (Tex.

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IRS HDHP-HSA Plans May Cover Coronavirus Costs as Preventive Care

AssuredPartners

{"ops":[{"insert":"Today, in "},{"attributes":{"link":"[link] Notice 2020-15"},{"insert":", the Internal Revenue Service advised that HDHPs (High-Deductible Health Plans) can pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their status.

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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

Rather than reaching out to an insurance carrier first, whose issue resolution success is measured based on the call time, employees contact their benefits advocate. This expert is trained to answer questions, deal with insurance claims and support employees on their medical journey. © 2019 Corporate Synergies Group, LLC.

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Creating the “Urgent Care First” Mindset for Employee Benefits

Corporate Synergies

From 2009 to 2016 (the most recent data available), the average amount that hospitals billed insurance carriers for an emergency room visit more than doubled, from $600 to $1,322. © 2019 Corporate Synergies Group, LLC. The cost to the employer (and often the employee) is often far less than the ER.

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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

While employers (for self-insured plans and multi-employer plans) or insurance carriers (for fully insured plans) are responsible for the COBRA subsidy, the paying entity is entitled to take a federal tax credit against payroll taxes. Tax Credit.