Economy

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The insurance companies plan to launch a new health plan in Q4 to help employers recuperate from COVID-19 losses.

Remote work can help employers reduce costs and boost productivity while also having a positive impact on the economy and the environment.

Seventy five percent of employers reported being directly affected by opioids, often as contributing to workplace accidents, lost productivity, staffing issues, missed workdays, and increased care and leave costs.

In order to maximize the plans fiduciary responsibilities, a contract with appropriate terms and definitions must be in place to allow the plan to exercise their right to carve-out prior authorization.

Instead of choosing a one-size-fits-all plan for a group, employers can offer fixed reimbursements that employees can use to purchase their own insurance or use for medical expenses.

As some executives extol its virtues, other tech leaders aren’t so sure, opening a growing divide inside the industry over the future of work.

Demand has soared for mental health services as bank employees put in long hours, supervise kids while working at home and endure personal crises. Citi, BofA, Fifth Third and others are getting creative to help them decompress during the pandemic.

If Democrats win in November, single-payer healthcare could still be on the agenda. Its adoption would shake up the benefits industry.

Since efforts to the contain COVID-19 pandemic rapidly shut down the U.S. economy in mid-March, about 38.6 million initial unemployment insurance claims have been filed under state programs.