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Towers Watson has signed a web broker entity agreement with the Centers for Medicare & Medicaid Services, which supervises the health insurance exchange operated by the federal government in 36 states.
Towers Watson says that, with the agreement, it can help employers provide health insurance education and enrollment services to part-time and seasonal employees, retirees and their dependents, by supporting them as they evaluate and purchase individual health plans on the federally run exchange.
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The legislation calls on Congress to lower prescription drug costs, shift subsidies directly to consumers, and enforce strict price transparency.
At a time of never-ending health benefit cost increases and fiduciary lawsuits, it has never been more important to ensure that claims are paid correctly.
The practical takeaway is to treat data-sharing requests as a risk-allocation exercise, not just an operational convenience.
Advisors suggest multiple ways that clients can maximize the triple tax advantages of health savings accounts (HSAs) while avoiding penalties.
Reimbursing employees for physician-authorized medical cannabis gains traction as an alternative to costly pharmaceuticals.
