4 minute read
A pharmacy benefits manager (PBM) acts as a middleman in the pharmacy benefits marketplace, connecting employers, drug wholesalers, plan members, pharmacies, and drug companies. PBMs...
1.5 minute read
Group health plan sponsors must annually complete an online form with the Centers for Medicare & Medicaid Services (CMS) to disclose if their prescription drug coverage is creditable...
1 minute read
The U.S. Department of Labor (DOL), through its Employee Benefits Security Administration (EBSA) released a new model Employer CHIP Notice.
1 minute read
The U.S. Department of Health and Human Services (HHS) updates federal poverty levels (FPLs) annually to determine eligibility for programs and benefits. The 2024 FPL for an individual...
3 minute read
Obesity is a global health epidemic with significant challenges for employers and workplaces, including decreased productivity and increased healthcare costs.
3 minute read
Artificial intelligence (AI) took the world by storm in 2023, transforming the way organizations operate and make decisions. Many employers embraced this technology to streamline their...
1 minute read
The Departments of Labor, Health and Human Services, and the Treasury (Departments) issued FAQs about the contraceptive coverage mandate under the Affordable Care Act (ACA). The FAQs...
1 minute read
Employee assistance programs (EAPs) are often underutilized, despite their potential to boost employee well-being, satisfaction, performance, and health. According to Mental Health...
2.5 minute read
The labor market is expected to somewhat improve in 2024, but employers will still face challenges in attracting and retaining talented employees. Skills gaps and high inflation...
2.5 minute read
The U.S. Department of Labor (DOL) released the latest update on civil monetary penalties for employee benefit-related violations in 2024. The increased amounts apply to civil...
