If you have made changes to your policy (adds, terminations, other changes), it’s important to review your invoice to ensure those changes are reflected.
About ARC Benefit Solutions
This author has not written his bio yet.
But we are proud to say that ARC Benefit Solutions contributed 181 entries already.
Entries by ARC Benefit Solutions
Attestations are to be submitted via the CMS-HIO System. The first filing in 2023 covers the period of December 27, 2020, through December 31, 2023.
Further testing or treatment for breast cancer beyond preventive care may have substantial financial consequences, so much so that the out-of-pocket costs for some cancer treatments may prevent individuals from seeking or continuing treatment.
Price is the only difference between plans with the same letter that are sold by different insurance companies. But how do carriers determine these prices?
Employers who have employees enrolled in Medicaid or CHIP should encourage their employees to make sure their state Medicaid or CHIP agency has their up-to-date contact information.
Anthem recently transitioned their life and disability business to StanCorp Financial Group (The Standard), and, as a result, they are migrating L&D groups to a single enrollment and billing system called Compassi. If you received a notice from Anthem regarding this change, action may be required on your part.
Large employers have a federal mandate to provide coverage, submit government reporting, and to ensure that employee premium cost for coverage doesn’t exceed certain amounts or they will be subject to penalties. The cost of coverage limitations is called the Affordability Threshold. It is indexed annually by the IRS.
With Open Enrollment on the horizon, now is a good time to review your current health insurance plan and make any changes needed. Here are some reminders and tips to help make your enrollment season smooth and constructive.
One strategy many employers are embracing to help manage rising health care costs is adopting narrow network plans to better meet employee needs and reduce overall health care costs.
To attract and retain top talent, employers must go beyond competitive salaries and create holistic and meaningful employee benefits packages that address diverse workforce needs.