On Aug. 19, 2022, federal agencies released FAQs implementing certain health care transparency requirements, including the requirement that health plans and health insurance issuers disclose on a public website…
President Joe Biden recently announced a plan to cancel up to $10,000 in federal student loan debt, or up to $20,000 in some cases, for qualifying borrowers. According to…
Many employees are currently feeling financially strained because of inflation. With open enrollment fast approaching, inflation could impact the choices employees make when it comes to their benefits. Employees…
Prior authorization—also referred to as preauthorization, preapproval or precertification—is the process by which medical providers must obtain approval from a patient’s health plan or insurance before administering specific medications,…
The prospect of a recession has many businesses and their employees worried. During an extended economic decline, sales drop, jobs disappear, and productivity decreases. Companies have less revenue to invest,…
On Aug. 12, 2022, a federal district court blocked the Department of Health and Human Services’ (HHS) Health Resources and Services Administration (HRSA) from removing “instruction in fertility awareness-based methods,…
The average stop-loss coverage premium for self-insured group health plans in the United States increased 9.8% for the nearly 250 health plans in Segal’s national medical stop-loss database’s 2022 data…
While spending time in the sun offers health benefits and may be part of your daily routine, you have to be careful to protect yourself from its ultraviolet (UV) rays.…
Drugmakers are introducing new medicines at record-high prices this year, according to new analysis from Reuters. The median annual price of 13 new drugs the U.S. Food and Drug Administration…
On Aug. 16, 2022, the IRS updated its frequently asked questions (FAQs) on the employer shared responsibility (pay or play) rules under the Affordable Care Act (ACA) to include…