SEARCH

Showing 808 results found

Compliance Alert: CMS Extends Transition Policy for Non-ACA Compliant Plans

… market reforms that took effect in 2014. BACKGROUND The ACA includes key reforms that created new coverage standards for health insurance policies effective as of 2014. For example, the ACA imposes modified community rating standards and requires individual and small group policies to cover a comprehensive set of essential health benefits. In late 2013, millions of Americans received notices informing them that their plans would be canceled because they did not comply with the ACA’s reforms – contrary to government assurances that if individuals had a plan they liked, they could keep it. Responding to pressure from consumers and Congress …

https://www.epicbrokers.com/insights/cms-extends-transition-policy-for-non-aca-compliant-plans/

EPIC Adds Dan Joyal as a Vice President

Edgewood Healthcare Advisors, a division of EPIC Insurance Brokers and Consultants, announced that Dan Joyal has joined the Boston healthcare team as a Vice President. Joyal has a decade of insurance industry experience with both retail and wholesale brokerages. Prior to joining EPIC, Joyal was with HUB International where he consulted and placed all lines of coverage in their healthcare vertical. His clients included physician groups, allied healthcare facilities, and life sciences organizations. Prior to Hub, Joyal spent five years with CRC Swett & Crawford focused on professional liability, executive liability, and cyber/privacy liability. Joyal earned a Bachelor of Arts …

https://www.epicbrokers.com/insights/epic-adds-dan-joyal-as-a-vice-president/

The Presidential Debates Are Focusing on Healthcare

The Democratic candidate debates have helped move healthcare to the top of voters’ priority lists. 55% of voters like the present healthcare system as opposed to 37% who would like to see it struck down, according to a recent Kaiser Family Foundation survey. This is the highest approval rating since the Affordable Care Act was passed into law. Viewpoints from Craig Hasday This fact will represent a voting obstacle for Bernie Sanders supporters who have made Medicare for All a campaign centerpiece; people like their current healthcare plans. And while 52% of voters support Medicare for All, 66% would favor …

https://www.epicbrokers.com/insights/the-presidential-debates-are-focusing-on-healthcare/

Are We Losing Our Heads When It Comes to Mental Health Coverage?

… professional if they or a family member were experiencing a problem.” The disparity between mental health awareness and procuring care seems to stem not from social attitudes about mental health, but the coverage and cost of care. In this same study, 87% of participants identified a lack of insurance as a barrier to seeking treatment, while another 81% cited cost concerns as a deterrent. Viewpoints from Rachel Gerard Even those who have comprehensive medical coverage often find gaps within their mental health care and limitations to their benefits. Limitations on counseling sessions, psychiatric evaluations and other forms of mental health

https://www.epicbrokers.com/insights/are-we-losing-our-heads-when-it-comes-to-mental-health-coverage/

Coronavirus Alert: What You Should Know

… have included information from several authorities below. First, a message from our leaders: “No doubt the coronavirus has the potential to significantly impact medical and work absence costs. We are incorporating our best advice on risk avoidance and mitigation practices to prepare our clients across the country.” – Craig Hasday, National Employee Benefits Practice Leader “We have already seen an impact on our multinational companies, and there is potential for these effects to be substantial, especially as it relates to the supply chain. It is forcing companies to evaluate not only their short-term operations but their long-term strategic plans …

https://www.epicbrokers.com/insights/coronavirus-alert-what-you-should-know/

EPIC Adds Trent Sullivan as a Producer

EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Trent Sullivan has joined the firm as a Producer in the firm’s Edgewood Healthcare Advisors’ Practice. Sullivan will be responsible for new business development and the design and management of healthcare risk and insurance programs for clients. He brings over 20 years of experience in healthcare and municipal risk with successes in implementing creative and cost effective solutions. Sullivan joins from OneDigital in Farmington, CT. Said Susan Tewhill, National Managing Principal, “Trent’s extensive healthcare risk management background in both the …

https://www.epicbrokers.com/insights/epic-adds-trent-sullivan-as-a-producer/

Are Healthcare Costs Stabilizing?

The Health Care Cost Institute found in their most recent Health Care Cost and Utilization Report that per capita healthcare spending increased by 4.4% in 2018 over 2017 spending, a slight increase in trend which was 4.2% in the prior year; however, from 2014 to 2018 healthcare costs increased at rates slightly lower than the general rate of inflation. Increases in health spending are impacted by our aging population, but the biggest increase is due to higher prices for drugs and medical services. Notably in the report, healthcare cost trends exclude the impact of manufacturer’s drug rebates …

https://www.epicbrokers.com/insights/are-healthcare-costs-stabilizing/

Peace of Mind Should Be Top of Mind

… thus better able to serve the business and clients. You’ll want to keep them around and attract new top talent with your benefits. Consider this when writing your maternity and paternity leave policies and voluntary benefits offerings. STD offered on a post-tax payout schedule (meaning that when the employee receives the benefit, they do not have to pay taxes on it) is definitely something that all employers should think about. Viewpoints from Allison Hasday As I get farther along into my pregnancy, I’ve been thinking more about family leave benefits and policies and how they affect not …

https://www.epicbrokers.com/insights/peace-of-mind-should-be-top-of-mind/