This week, the Federal Trade Commission issued a binding consent order against Express Scripts and its parent company, Cigna.
It wasn’t guidance. It wasn’t symbolic.
Hidden no more. The Employers’ Forum of Indiana (EFI) is giving people a look behind the curtain at the reality of hospital costs in the United States.
What began as the first hospital price transparency study in the U.S., commissioned by EFI and conducted by RAND Corporation back in 2017, eventually became the foundation for the Employer Hospital Price Transparency Project.
Starting in July 2022, the nation’s three largest credit bureaus – Equifax, Experian and TransUnion – will be removing nearly 70% of medical debt in collections accounts from credit reports.
On April 12, 2022, True Captive Insurance will be hosting The Future of Business & Benefits – St. Louis event at Busch Stadium, where local business leaders will discuss employee healthcare trends, self-funding health plans and how to gain control of healthcare spend.
Companies enhancing patient access to care and lowering patient costs all while slashing their own costs? That’s what earns Health Plan Hero status.
We were recently asked what Benefits Reimagined means to us…
Benefits Reimagined means that someone uninsured can get their insulin delivered overnight for free. It means an expecting mother can deliver their child and not worry about affording their deductible because there isn’t one to pay. It means that a woman battling cancer can get the clinical care she needs without having to fight the insurance system that is working against her.
It has been an amazing year for us here at Simpara – not only were we honored to be inducted as a charter member of the Health Rosetta Institute, but now Employee Benefit Adviser's 2018 List!
We couldn’t be prouder to be on the list of 20 rising stars in the industry but among thought-leaders and advisors for their impact, innovation, growth, and leadership moving our industry forward. We’re extremely grateful for this honor, and humbled by what it says about the kind of company Simpara is.
Wouldn’t it be nice to have cost-effective health insurance that you can offer your employees?
Health insurance remains the top valued benefit by job seekers and yet less than 40% of private sector employers offer comprehensive coverage, according to a study by Kaiser Family Foundation. The reason it seems, is that employers find the process of setting up and managing a health plan too arduous. Traditional brokers haven’t made it simple to navigate the complex web of options, reduce the amount of paperwork involved, and allow employees to effortlessly compare their options and enroll in their benefit elections.
Today’s workforce is a growing mix of ages, ethnicities, financial states, and will soon span five generations. Between work and life, employees seek harmony and they increasingly expect their employers to keep up with current trends to provide solutions for their changing needs. According to MetLife’s annual study on benefit trends, 49% of employees are concerned, anxious or fearful about their current financial wellbeing. The traditional, one-size-fits-all approach to benefits is diluted in this evolving environment. Meeting the needs of employees across the spectrum may seem daunting but it is achievable and it doesn’t require busting the budget. Below are the four pillars of a modern benefit package: