Small employers have big compliance mandates to contend with to meet the Government Accounting Standards Board Statement 45 rules (better known as GASB 45), which apply to measurement and disclosure of nonpension post-employment benefits. Times are tight enough economically; don't let noncompliance fines break your organization.
The objective is to have a clear view of baseline vs. current Rx trend, documented savings tied to interventions and a reconciliation check on guarantees and rebates.
Employees are struggling to figure out how income, savings, employee benefits and government programs like Medicaid fit together.
Employees are turning to consumer health apps instead of workplace benefits, highlighting a growing gap between what companies offer and what workers use.
The key to success is reviewing an administrator's fiduciary status, licenses they hold with carriers and the agent of record that is going to service the policy.
Leadership lessons learned on the field — and the front lines of innovation.
Behavioral health services deliver a 507% ROI for employers, driven by lower medical costs, reduced disability claims and improved productivity gains.
