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Medical Loss Ratio Rebates: What They Are & How They Should …

WEBIncluded in the Affordable Care Act (ACA) were new rules that required health insurance companies to disclose certain financial data. This includes the portion of medical plan premiums spent on paying claims and quality improvement initiatives and the portion that was spent on administration, marketing, and insurance company profit. …

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URL: https://www.epicbrokers.com/insights/medical-loss-ratio-rebates-what-they-are-how-handled/

UnitedHealthcare-Owned Change Healthcare’s Ransomware …

WEBThe impact of the Change Healthcare cyber hack continues to unfold. The American Hospital Association has dubbed this the “most significant cyberattack” …

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Are Healthcare Costs Stabilizing

WEBThe Health Care Cost Institute found in their most recent Health Care Cost and Utilization Report that per capita healthcare spending increased by 4.4% in 2018 …

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Make Incremental Changes to Healthcare Now

WEBViewpoints from Craig Hasday. The Fortune 500 list is out, and I was slightly surprised to see that the big four health insurance companies: UnitedHealthcare, CVS …

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Employee Benefits Consulting

WEBToday, EPIC Employee Benefits is a Top 20 Benefits Consultant and Broker in the U.S., with over 1,500 employer clients nationally serving over 300,000 employees and families …

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EEOC Proposed Wellness Rules Addressing Permitted Incentive …

WEBQuick Facts. The proposed ADA rules allow only offer de minimis incentives for participation in most employer-sponsored wellness programs. There is an exception …

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2021 Healthcare Cost Trends Are Rising

WEBA recent PwC report expects costs to rise by 4% to 10% in 2021, a sharp increase from recent years.The survey points to mental health utilization and specialty …

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Healthcare Insurance EPIC Insurance Brokers & Consultants

WEBOur healthcare practice is known around the world for its expertise and passion in delivering exceptional brokerage and consulting services to the healthcare industry. We listen to …

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Social Determinants of Health

WEBThe workplace environment and employee benefits play no small part in an employee’s health and wellbeing. In fact, employers have the potential to play a …

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The Healthcare Industry Grapples with Misconfigured Meta Pixel

WEBThe Healthcare Industry Grapples with Misconfigured Meta Pixel. October 10, 2022. Many healthcare organizations are facing legal scrutiny over alleged improper …

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Healthcare Surety

WEBHealthcare clients comprise over one-quarter of EPIC’s core commercial surety portfolio. Place over $5 million premium annually for healthcare organizations; and. Have over …

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High Performance Health Plans

WEBA High Performance Health Plan (HPHP) is built using an alternative funding methodology, and utilizes transparent advisory, third party administration, PBM, and stop loss contracts. All areas of the HPHP supply chain incorporate best-in-class service partners delivering: Improved financial performance (savings of 20-40%) Enhanced benefits

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Medicare Six-Month Lookback and HSA Contributions

WEBEmployee’s Part A Medicare entitlement is retroactively effective six months before they apply for Medicare benefits (age 67 ½), because they applied for Medicare …

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Self-Funded Employers May Need to Pay Washington State’s …

WEBThe state of Washington has passed legislation requiring health insurance carriers and employers that sponsor self-funded health plans to pay a quarterly assessment to support a state program. The program is called the “State of Washington Partnership Access Lines (WAPAL) Funding Program” or “WAPAL Fund” and assists medical …

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Key 2021 Requirements for Plan Sponsors- EPIC Insurance

WEBChecklist of Key 2021 Requirements for Health & Welfare Benefit Plan Sponsors. October 1, 2020. Complying with the many rules that govern health and welfare benefits can be …

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Considerations for Domestic Partner Coverage in Employee Benefits

WEBQuick Facts. Many employers offer benefits to domestic partners and their children despite the absence of federal laws requiring such coverage. Domestic partner …

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EPIC Companies EPIC Insurance Brokers & Consultants

WEBEPIC COMPANIES. As our growth continues across the country, we remain acutely focused on delivering service excellence to our clients as well as maintaining the “people first” …

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CA Court Rules on ABA Therapy

WEBApril 14, 2021. On March 15, 2021, the United States District Court Northern District of California (District Court) issued a decision in a case regarding Applied Behavior …

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IRS Releases 2023 HSA & HDHP Limits

WEBThe annual contribution limit for an individual with family HDHP coverage will increase by $450 to $7,750 for 2023. The minimum required deductible amounts are increasing for HSA-compatible HDHPs, from $1,400 (self-only coverage) and $2,800 (family coverage) in 2022 to $1,500 (self-only coverage) and $3,000 (family coverage) in 2023.

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A Little Help from My Friends: Mental Health Awareness Month in …

WEBDOWNLOAD THE 2024 MENTAL HEALTH TOOLKIT! Fill out this short form to download your copy of our 2024 Mental Health Toolkit. It’s like a campaign in a box – …

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Our Locations EPIC Insurance Brokers & Consultants Locations

WEBGLEN ALLEN. 4805 Lake Brook Drive. Suite 102. Glen Allen, VA 23060. (800) 552-3435 View Map. Find out which EPIC Insurance Brokers & Consultant office is closest to you. …

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