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EPIC Welcomes Juliet Lucero

Lucero joins as Director of California Charter School Practice In her new position with EPIC, Lucero will work hand in hand with schools to identify the benefits strategies that will meet both short-term and long-term goals, while establishing fiscally responsible programs that address the evolving needs of school employees. Reporting to Matt Clemo, Executive Managing Principal and Southern California Employee Benefits leader, she will be based in the firm’s Newport Beach office. “We are pleased to welcome Juliet to the team,” noted Clemo. “Her hands-on Charter School experience will contribute to the provision of best-in …

https://www.epicbrokers.com/insights/epic-welcomes-juliet-lucero/

Alex Jerez Joins EPIC

Jerez Joins as Director, Northeast Charter School Practice In his new position with EPIC, Jerez will work hand in hand with schools to develop plans and programs that protect schools and their most valuable assets. His focus will be creating strategies that provide coverage for school property, children, teachers, course of construction, and active assailant threats. Reporting to Joffrey Clark, Charter School Practice Leader, he will be based in the firm’s Melville, New York office. “We are pleased to welcome Alex to the team,” noted Clark. “His hands-on Charter School experience will contribute to the provision of best …

https://www.epicbrokers.com/insights/alex-jerez-joins-epic/

EPIC Adds Cori Simpson

… a track record of leveraging data analytics to develop benefits strategies that achieve business imperatives and improve her clients’ population health and productivity. Cori brings a unique perspective to her consulting role: Cori has led consulting engagements with Fortune 100 clients encompassing human resources strategy, mergers and acquisitions, and broad benefits strategy including health and welfare, financial security and work/life issues. Cori held several positions focusing on strategies to optimize the balance between controlling company costs and providing the optimal compensation and benefits value to employees. During her time in the carrier business, Cori’s work achieved high service …

https://www.epicbrokers.com/insights/epic-adds-cori-simpson/

It’s Never Too Early to Amp Up Your Open Enrollment Game!

Once again, I’ve made it through another open enrollment cycle relatively unscathed. A round of applause to all of my human resources collaborators who were in the trenches with me and the rest of the EPIC Communications & Engagement team. Right now, most of us are at the point in the employee benefits plan year cycle where we can enjoy a reprieve and take a few calming breaths before we jump into next year’s planning. Viewpoints from Jodi Perry I like to take this time to reflect on changes I saw in terms of employee communications and trends. The …

https://www.epicbrokers.com/insights/never-too-early-open-enrollment-game/

Employer Health Plan Medicare Part D Disclosure to CMS

Quick Facts Employers with group health plans that provide prescription drug coverage to individuals who are eligible for Medicare Part D must disclose to the Centers for Medicare & Medicaid Services (CMS) certain information about the coverage. The disclosure must be submitted to CMS on an annual basis and at certain other designated times. The disclosure to CMS is due within 60 days after the start of each plan year (March 1, 2022, for calendar year plans). The CMS disclosure is different than the notices of creditable or non-creditable coverage that plan sponsors must issue to Medicare-eligible individuals annually …

https://www.epicbrokers.com/insights/employer-health-plan-medicare-part-d-disclosure-cms/

San Francisco HCSO Top-Off Payments Due February 28, 2022

Quick Facts The San Francisco Health Care Security Ordinance (HCSO) requires covered employers to pay a certain amount – an Expenditure – toward their covered employees’ healthcare costs. If a covered employer does not meet the required Expenditure under a pay-as-you-go plan, it must use another permissible method – called a “top-off” payment – to make up the shortfall. The HCSO provides guidance for calculating Expenditures for both level-funded plans and plans that pay claims as incurred (“pay-as-you-go” plans). Top-off payments are due by the end of February following the calendar year for which they …

https://www.epicbrokers.com/insights/sfhsco-top-off-payments-due-february-28-2022/

Market Pulse Survey: Time Off Policies

Thinking of revisiting your time off policies? It might be a key to addressing employee burnout and fatigue Take our Time Off Policy Survey to see what other companies are doing in response to the Great Resignation, or what some are now calling the Great Sabbatical. Now more than ever, it’s critical to ensure benefits, including time off policies, are competitive. Attracting and retaining talent has never been more challenging, and with many employees reporting burnout or fatigue, there’s no better time to take a fresh look at your time off policies. All who respond by Thursday, February …

https://www.epicbrokers.com/insights/market-pulse-survey-time-off-policies/

Is the Mark Cuban Cost Plus Drug Company the Answer to Rising Drug Costs?

Mark Cuban, of Shark Tank and Dallas Mavericks ownership fame, is the most recent entry into the “squeeze-the-margin-out-of-pharmacy” game. In October he launched The Mark Cuban Cost Plus Drug Company (MCCPDC), a pharmacy benefit manager. This month the online pharmacy launched with a promise of only a 15% flat margin and pharmacist fee on 100 generic drugs. Cuban isn’t the first billionaire to try to solve the challenges of drug pricing. Amazon acquired PillPack in 2018 and announced its entry into retail pharmacy. Long before that, Walmart launched a $4 generic drug price in …

https://www.epicbrokers.com/insights/mark-cuban-cost-plus-drug-company-rising-drug-costs/