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The lawsuit alleges Cigna's "procedure-to-diagnosis," or PxDx software, reviewed and denied customer claims in batches without a medical professional reviewing those decisions.

When Cigna released its second-quarter financial performance on Aug. 5, 2021, its stock dropped by 13%, and Ferrie "realized an approximately 236% profit of $16,039.78 on his investment of $6,782.05," the complaint said.

Have you ever wondered about the hidden layers of health care costs? Today, we bring you insights from an eye-opening conversation with Dr. Keith Smith, co-founder of the Surgery Center of Oklahoma.

A federal appeals court has ruled that pharmacy benefit managers are subject to ERISA, thereby PBMs working for state plans with rural employees must include brick-and-mortar pharmacies as well as mail-order pharmacies.

In a class action lawsuit, the former employee alleges that 37% of his retirement savings were invested in BlackRock's Target Date 2045 fund, which uses ESG considerations.

From emergency savings accounts to annual funding notices, the Department of Labor is welcoming input from plan sponsors on changes or revisions to retirement plan administration included in the sweeping new legislation.

Since It's the first law that links employees' payment of student debt with the statutes governing defined contribution retirement plans, Congress is hoping the result is greater retirement savings in America – but only time will tell.

As employers and their advisors are gearing up for 2024 open enrollment, major mental parity changes are looming on the horizon.