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Employee Benefit News for School, City and County Employers

Steve Smith

Steve Smith is a powerhouse of energy, living by the mantra "work hard, play hard." As an expert in uniting teams for a greater purpose, Steve's innovative and creative strategies in employee health and wellness are game-changers. With over 25 years of expertise in health insurance, covering compliance, cost mitigation, utilization, analytics, wellness plans, and strategic planning, Steve is the go-to expert for driving down utilization trends and fostering a culture of well-being. His clients trust him to deliver exceptional results, making him an invaluable asset in the industry. As an Employee Benefits Consultant, Steve specializes in health care consulting for Minnesota public sector organizations including fully insured, self-insured, and stop-loss plans. Steve is a licensed insurance agent and holds the designations for Managed Healthcare Professional (The Health Insurance Association of America), Certified Patient Protection and Affordable Care Act Professional (National Association of Health Underwriters), and Group Benefits Disability Specialist (Hartford School of Insurance).

Recent Articles by Steve Smith

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2023 Open Enrollment Checklist

1.5 minute read

For plan years beginning on or after January 1, 2023, employers should be aware of legal changes affecting the design and administration of their plans. It’s important to communicate...

Online Wellness and Insurance Needs Increase Due to Pandemic

1.5 minute read

In the past year, 34% of U.S. consumers reported mental health deterioration and 24% reported a decline in physical health. According to a global survey report from Swiss Re, these...

Pharmacy Benefit Managers Investigated by FTC

.5 minute read

The Federal Trade Commission (FTC) will investigate the six largest pharmacy benefit managers (PBMs) in the U.S. PBMs are the middlemen who negotiate with drugmakers for rebates and...

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Price Comparison Tool for 2023

2 minute read

Group health plans and issuers will need to provide an internet-based price comparison tool available to participants, beneficiaries, and enrollees. The tool will provide consumers with...

Chronic Conditions and Containing Costs in the Workplace

2.5 minute read

Chronic conditions, such as cancer, diabetes, cardiovascular disease, and obesity can be a significant source of financial pain for employers. According to the Partnership to Fight...

CMS Says COVID-19 Vaccines Must Be Covered

1.5 minute read

The Centers for Medicare and Medicaid Services (CMS) recently updated their COVID-19 vaccine toolkit. It includes a list of COVID-19 vaccines and boosters that must be covered without...

Telehealth Utilization Increase 7,000% During Pandemic

1.5 minute read

A report by FAIR Health finds that telehealth usage grew by more than 7,000% during the first year of the pandemic. In 2020, utilization of traditional health care services dropped,...

Mental Health and Well-Being in the Workplace

5 minute read

Well-being is the overall state of employees’ physical, mental, social, and financial health, which can be influenced by various workplace dynamics including workload, co-worker...

FAQs on Tax Credits for Employee Leave Under FFCRA and ARPA

1 minute read

The IRS issued four new FAQs on tax credits for employee paid leave taken under the Families First Coronavirus Response Act (FFCRA) and the American Rescue Plan Act (ARPA). The new FAQs...

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2022 Health Plan Compliance Deadlines

.5 minute read

When it comes to your employer-sponsored group health plan, public sector employers have numerous reporting and disclosure requirements that must be met throughout the year.