CVS Health, which operates the nation’s second-biggest pharmacy benefit manager, CVS Caremark, will exclude an additional 31 prescription medicines from insurance coverage next year, including Viagra and widely used treatments for diabetes and multiple sclerosis. Continue reading
SAN FRANCISCO — Benefit offerings will continue to change as more millennials join the workforce, an expert said during the Disability Management Employer’s Coalition’s 2015 conference in San Francisco.
There’s a shift from employer-paid to voluntary benefits, partly because younger workers want customization, Lindsey Pollak, author and millennial workplace expert at Hartford Financial Services Group Inc.’s, said during a keynote session on Monday. Continue reading
Under the Affordable Care Act (“Obamacare”), health insurance tax subsidies are available to the majority of individuals and families who do not receive insurance through an employer. If an employer offers a minimum level of coverage, employees are disqualified from the subsidies. Continue reading
When it comes to workers with chronic conditions, employers should focus on providing accommodations and support rather than managing a disease, an expert said during the Disability Management Employer Coalition’s 2015 conference in San Francisco.
Continue reading
As a small business, there are different ways to contribute to employees’ health insurance. For example, the business can offer group health insurance coverage, reimbursement for individual health insurance, or a health insurance stipend. Continue reading
At least 10 states require health care providers to access a prescription drug monitoring program before prescribing opioids, but workers compensation payers in all states should request providers do so to curb overprescribing, drug monitoring advocates say. Continue reading
“There are numerous bipartisan bills that could bring real relief to the employers we represent and their employees. We encourage you to work together to help advance these bipartisan changes” to the Affordable Care Act, the business groups wrote in their letter to members of the House and Senate. Continue reading
LTD insurance is a policy that protects employees from loss of income if they are unable o work due to illness or injury for an extended period of time. A Long Term Disability claim will typically require an employee to be out of work more then 90 days. The benefit amount is based on a percentage of the individual’s gross income and is paid out weekly or monthly. Long Term Disability ensures that employees are able to receive a percentage of their income when they are unable to work. Continue reading
