PeopleStrategy

OCTOBER 17, 2023

With a level funded plan, your business pays a fixed monthly amount (a level fee, similar to a premium) to an insurance carrier or third-party administrator. This amount is calculated based on the employees’ expected healthcare costs, administrative fees, and a stop-loss insurance component.

Insurance Carriers 52

Insurance Carriers Healthcare Health Insurance Deductions 52

AssuredPartners

AUGUST 10, 2023

On July 25, 2023, the Departments of Labor, Treasury, and Health and Human Services (collectively, “the Departments”) released guidance in an effort to clarify existing guidelines under the Mental Health Parity and Addiction Equity Act (MHPAEA) and to help group health plans and insurers with compliance.

Insurance Carriers 52

Insurance Carriers Insurance Medical Deductions 52

Corporate Synergies

MARCH 25, 2019

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.

Healthcare 40

Healthcare Out of Pocket Cost Insurance Carriers Health Insurance 40

Corporate Synergies

AUGUST 27, 2018

Choosing the right PBM help manages drug utilization. Employers are increasingly pulled in many directions when it comes to employee benefits, and pharmacy benefits in particular. Employers are more sophisticated about choosing the right PBM than they were just five years ago, which means expectations of what PBMs provide have changed.

Insurance Carriers 40

Insurance Carriers Health and Welfare Medical Utilities 40