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The Well Newsletter | August 2024

… us better equipped to cope with hard times, stress, anxiety, and depression. Help your employees learn how to increase their social wellbeing. This month’s The Well newsletter provides messaging and tips for you to share with your workforce. To obtain your copy, please use the form below to download. Employee-Facing Email Download the Word file, then copy and paste the graphic and text into a fresh email to deploy to your workforce. Monthly Wellness Tips Share the monthly tips PDF to your intranet, HR portal, or post it in common office areas. Download this month’s resources Dive …

https://www.epicbrokers.com/insights/the-well-newsletter-august-2024/

EPIC Expands Pacific Northwest Region with Acquisition of Century Insurance Group, LLC

EPIC Expands Pacific Northwest Region The Oregon-Based Firm Grows EPIC’s Employee Benefits Practice and Property and Casualty Lines EPIC has acquired Century Insurance Group, LLC (“Century”), an Oregon-based firm specializing in employee benefits and commercial and personal P&C solutions. The acquisition enhances EPIC’s footprint in the Pacific Northwest and provides the Century team with access to extensive resources to further optimize client outcomes. Founded in 1996, the team of almost 30 experienced insurance industry professionals is led by principals Danny Duggan, Jason Epple, Chris Intlekofer, Chris Rosch, and Jeff Weichman. The firm will tap into …

https://www.epicbrokers.com/insights/epic-acquires-century-insurance-group/

Become an Employer of Choice While Managing Benefits Cost Pressures

Viewpoints from Nick Favro Attracting and retaining top talent requires a strong employer brand and a competitive benefits package. The past decade has seen soaring healthcare costs, legislative complexities, and renewal pitfalls. This market puts immense pressure on companies to manage benefits costs without sacrificing employee satisfaction. Having the right partner alongside you is a must – you do not need to navigate this alone. Don’t be blindsided. Healthcare inflation impact is inevitable. Utilization and increased unit costs will likely impact your renewal, whether your plan is fully insured or self-funded. But there’s good news. Your EPIC broker …

https://www.epicbrokers.com/insights/employer-choice-while-managing-costs/

Compliance Matters Newsletter | July 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. Next Round of PCORI Fees Due July 31, 2024 Form 5500 Frequently Asked Questions Recent Updates on Pharmacy Benefit Manager (PBM) Legislation Medicare Secondary Payer Considerations for Small Employers UNUM & DOL Reach Settlement in Life Insurance Investigation 2024 State Regulation Series: State …

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

Medicare Secondary Payer & California Carriers

Recently, a client asked us to explain the rules around how much Medicare and carriers pay. They were surprised to hear from an employee that their carrier was not going to pay a claim unless the participant was enrolled in both Medicare Part A and Part B. Fortunately, the employee had reached out to the carrier prior to obtaining services and was able to avoid costly out-of-pocket expenses by enrolling in Medicare. We thought a refresher of the Medicare Secondary Payer rules might be in order. In addition, we will discuss how some of the carrier’s practices …

https://www.epicbrokers.com/insights/medicare-secondary-payer-california-carriers/

The Well Newsletter | July 2024

… harmful products in the home to keep your workforce and their families healthy. Share our low-tox household tips with your employees. This month’s The Well newsletter provides messaging and tips for you to share with your workforce. To obtain your copy, please use the form below to download. Employee-Facing Email Download the Word file, then copy and paste the graphic and text into a fresh email to deploy to your workforce. Monthly Wellness Tips Share the monthly tips PDF to your intranet, HR portal, or post it in common office areas. Download this month’s resources Dive …

https://www.epicbrokers.com/insights/the-well-newsletter-july-2024/

Benefits Curve | Gear Up for 2025: Your Roadmap to Benefits Success!

… our team. Stay tuned for fresh topics every other month! Gear Up for 2025: Your Roadmap to Benefits Success! Are you prepared to revolutionize your employee benefits strategy for 2025? Our June 20 webinar was designed to equip employers like you with the tools, strategies, and insights to enhance your benefits offerings for the upcoming year. Get the strategic insights and tools you need to thrive in 2025 and beyond. Our panel of specialists – Nabil Fakhoury, Managing Principal Private Equity, Employee Benefits, and Nick Favro, Executive Managing Underwriter, Employee Benefits – was moderated by Sherry Pitcher, Senior Consultant, Employee Benefits. What …

https://www.epicbrokers.com/insights/benefits-curve-june-2024-benefits-planning/

Hype or Help? Obesity Drug Considerations for Employers

… established cardiovascular disease. Then, the CMS (Centers for Medicare and Medicaid Services) announced that health plans under Medicare Part D could cover Wegovy when deemed medically necessary. These developments underscore the growing importance of GLP-1 medications in healthcare management. While the cardiovascular and weight loss data emphasize the potential benefits of GLP-1 medications, the financial impact – exceeding $10,000 per patient annually – has made coverage decisions challenging for employers. Additionally, clinical trial data shows that continuous, chronic use is required to maintain weight loss. In people who discontinued therapy, two-thirds of their lost weight was regained after …

https://www.epicbrokers.com/insights/weight-loss-drug-glp1-employer-considerations/