MSK Are You Prepared to Swear? New Health Benefits Attestation and Reporting Requirements

By the end of this year, employers must attest to the Department of Labor that they have received a full and complete disclosure of compensation from their plan service providers (broker, TPA, PBM, etc). Failure to get your hands on this information means that you will not qualify for ERISA’s prohibited transaction exemption. Transparency will not benefit […]

MSK MSK Buyer’s Guide

The health and wellness industry offers myriad solutions.  In particular, MSK (Musculoskeletal) solution providers vendors are on the rise – which is no surprise given MSK conditions are a major cost driver for employers. It is critical for employers to choose a vendor partner that aligns with the needs of their organization and most importantly […]

MSK Consolidated Appropriations Act, what employers need to know now

Webinar with Chief Executive Officer Magazine The Consolidated Appropriations Act, 2021 (CAA) is designed to increase transparency in employee health benefit plans.  As fiduciaries of the benefit plan, Government agencies like the Department of Labor, the Department of Health and Human Services, and the Treasury will hold employers responsible and accountable for the CAA. What […]

My State Slashed Public Employee Insurance Painlessly. So can West Virginia.

By Christin E. Deacon In West Virginia, insurance claims are up, while returns on investments are down. The result: a staggering $92 million deficit from the Public Employee Insurance Agency Fund (PEIA). This is the agency’s second year in a row in the red. Without a major intervention, not only will taxpayers likely face higher […]