Paul Wilson is the editor-in-chief of BenefitsPRO Magazine and BenefitsPRO.com. He has covered the insurance industry for more than a decade, including stints at Retirement Advisor Magazine and ProducersWeb.
It's critical that employers and their benefits advisors take the fiduciary standards learned from retirement plans and apply them to their health plans.
If you track the revenue of UnitedHealth, Cigna, Aetna/CVSHealth, Anthem/Elevance, and the Blues combined, you'll see that as their revenue goes up, so do the premiums charged to employers and employees.
As one of the original authors of the Affordable Care Act, I have a deep understanding of the complexities involved, such as affordability and access for all individuals.
In this episode of the ShiftShapers Podcast, host David Saltzman chats with Marissa Rufo, JD, MBA, a subject matter expert from MZQ Consulting, to demystify the complexities surrounding Medicare Creditable Coverage.
Without an effective communication strategy, your clients may risk compromising their ability to attract and retain talent. Not to mention wasting valuable resources...
With increasing numbers of employees looking to their employers to help support them on their financial journey, it's essential for benefits brokers to leverage this opportunity to enhance the value they provide.
By knowing a few high-level details about these cases and taking purposeful steps, employers and their benefits advisors can help protect their health plans in defending against similar claims while also putting members' best interests first.