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Group Health Plans: The Plan Sponsor’s Responsibility
As more technology-driven solutions disrupt the traditional healthcare model, many plan sponsors are moving away from the turn-key approach offered by insurance carriers. Before making such a decision, plan sponsors should determine if they are ready to take on the fiduciary challenges associated with this move.
Mental Health Parity is a Top DOL Enforcement Initiative in 2022
The Mental Health Parity and Addiction Equity Act (MHPAEA) of 2008 is a federal law that prevents group health plans and health issuers that provide mental health and/or substance use benefits from imposing less [Read More]
Manage the Risks Impacting Your Healthcare Plan Administrative Costs
The administrative complexities of the healthcare system and its onerous regulatory environment continue to increase the cost to administer a self-funded health plan – not to mention exacerbating the operating and compliance risks to plan [Read More]