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EPIC Welcomes Spectrum Benefits

We are excited to announce that Spectrum Benefits (“Spectrum”) has joined EPIC! Located in Grand Rapids, Michigan, the successful team boasts extensive experience in employee benefits design, education, and administration, specializing in strategic benefits consulting. The team, led by Spectrum’s Founder and Principal, Wally Martyniek along with Jeff Liggett, Client Executive, and Shelley Grube, Client Manager, join EPIC’s established Grand Rapids practices as an integral part of the Midwest benefits operations. The team is eager to tap into EPIC’s resource-rich environment; specifically, data analytics and Pharmacy Benefit Management support. “As a boutique employee benefits firm competing …

https://www.epicbrokers.com/insights/epic-welcomes-spectrum-benefits/

Shining Light on the Mental Health Care Access Crisis

As an employer, you already know the importance of mental health care as foundational and vital to your employees’ total wellbeing and productivity. You’ve likely seen or heard a story about mental health professional shortages in the U.S. Maybe a friend or family member struggled to locate help, or you changed health insurance carriers, and one of your providers wasn’t in your new network. Finding a mental health provider – especially one that participates in your health plan – is difficult. As a member of the National Association of Benefits and Insurance Professionals’ (NABIP’s) Mental Health Working Group …

https://www.epicbrokers.com/insights/mental-health-care-access-crisis/

How Emotional, Mental and Physical Wellbeing Can Improve Your Organization

… Group on Health survey, mental wellness support is still an essential component of an employer’s healthcare strategy, with 97% of employers offering it this year and 100% expected to include it in their employee benefits offerings by 2027. Nearly 80% of employers also report a rise in utilization of benefits to treat mental health and substance use disorders, the survey shows. [Source: HRExecutive.com 8/24] How often do you have to hear that people are your greatest asset to believe it and build a flourishing program around it? Traditional employee assistance programs and mental health resources have let …

https://www.epicbrokers.com/insights/wellbeing-strategy-improve-your-organization/

Compliance Matters Newsletter | October 2024

Let our team help you navigate the ever-changing benefits compliance landscape each month. Check out this month’s latest alerts, additional updates, and resources hot off the press: Employee Benefits Compliance Alerts This month’s Compliance Matters newsletter provides a comprehensive review of the following topics. To obtain your copy, please use the form below to download. Departments Release Final Rules for Mental Health Parity EBSA Provides Clarity on Cybersecurity Best Practices FTC Files Lawsuit Against the Big Three PBMs 2024 State Regulation Series: Advances in California Long-Term Care Program 2024 State Regulation Series: Massachusetts Health Care Reform …

https://www.epicbrokers.com/insights/compliance-matters-newsletter-october-2024/

Compliance Matters Newsletter | September 2024

Let our team help you navigate the ever-changing benefits compliance landscape each month. Check out this month’s latest alerts, additional updates, and resources hot off the press: Employee Benefits Compliance Alerts This month’s Compliance Matters newsletter provides a comprehensive review of the following topics. To obtain your copy, please use the form below to download. Another Fiduciary Breach Lawsuit Highlights Employer Responsibilities Action Required for HIPAA Reproductive Healthcare Compliance Surprise Billing Regulations in the Courts Eligibility and Taxation of Owner and Director Benefits FTC and House Oversight Committee Investigate PBMs 2024 State Regulation Series: Michigan Personal Injury …

https://www.epicbrokers.com/insights/compliance-matters-newsletter-september-2024/

Benefits Curve | How to Plan for GLP-1 Medications in 2025 and Beyond

Learn about employee benefits business risks – and how to get ahead of the curve – with key insights and actionable takeaways from our team. Stay tuned for fresh topics every other month! Are you concerned about covering GLP-1 drugs on your employee benefits plan? Employers struggle with rising healthcare costs, and GLP-1 medications are a significant contributor. These powerful drugs for patients with diabetes and obesity come at a price tag exceeding $10,000 per patient annually. But there is hope! Discover how to optimize the use of GLP-1s in your pharmacy program. Our panel of seasoned pharmacists …

https://www.epicbrokers.com/insights/benefits-curve-august-2024-pharmacy/

Five Employer Considerations for Optimizing GLP-1 Drugs for 2025

… approvals for GLP-1 (Glucagon-Like Peptide-1) medications, such as Ozempic, Wegovy, Mounjaro, and Zepbound, is a long one.  These powerful drugs for patients with diabetes and obesity come at a price tag exceeding $10,000 per patient annually. But there are ways to optimize your GLP-1 strategy!  Employee demand for the drugs as an obesity treatment and their potential health benefits are likely behind the push. A recent Kaiser Foundation survey found that one in eight U.S. adults (roughly 12.5%) have used a GLP-1 agonist, and considerably more are interested and hoping their employers …

https://www.epicbrokers.com/insights/five-employer-considerations-optimize-glp1-2025-plans/

EPIC Welcomes Nick Ashback

Nick Ashback Joins the Northeast Region as Principal, Employee Benefits Consulting EPIC is excited to announce the addition of Nick Ashback to our team as Principal, Employee Benefits Consulting. Nick brings a wealth of experience and a fresh perspective to our organization. In his new role, Nick will be responsible for sales strategy and driving new business production in the Northeast region. His passion for this industry and his thoughtful, consultative approach makes him an invaluable asset to EPIC. “Nick is a big impact hire for EPIC” says Tim Fitpatrick, Northeast Region Employee Benefits Sales Leader. “His enthusiasm for this …

https://www.epicbrokers.com/insights/epic-welcomes-nick-ashback/