Self insurance

Reliance Standard announces new leadership and officer appointments at Matrix Absence Management

Retrieved on:

Tuesday, November 17, 2020

Professional services, Insurance, Finance, Articles, Self insurance, Insurance, Management, Self-insurance, Matrix, Third-party administrator, Reliance Standard, Matrix Absence Management

Reliance Standard and Matrix Absence Management announced today that Mark Marsters has been named President of Matrix Absence Management.

Key Points:

Reliance Standard and Matrix Absence Management announced today that Mark Marsters has been named President of Matrix Absence Management.
Mark additionally retains his role as Senior Vice President and Chief Operating Officer at Reliance Standard.
Matrix Absence Management a leading third-party administrator (TPA) managing insured and self-insured absence, disability and workers compensation programs.
Reliance Standard and Matrix Absence Management are members of the Tokio Marine Group.

Roundstone Sends More Cash to Its Health Insurance Customers

Retrieved on:

Wednesday, November 4, 2020

Health insurance, Insurance, Employee benefits, Self insurance, Healthcare in the United States, Patient Protection and Affordable Care Act, Self-funded health care, Finance

The Roundstone self-funded captive health insurance strategy allows employers to easily reduce health insurance costs and retain the money they do not spend.

Key Points:

The Roundstone self-funded captive health insurance strategy allows employers to easily reduce health insurance costs and retain the money they do not spend.
Had these employers purchased traditional fixed cost health insurance, this money would have been pocketed by the insurance company as extra profit.
"We are happy to reward these employers who made the decision to work with Roundstone in delivering best-in-class benefits to their employees."
For more information about these savings from a group self-funded health insurance plan, please visit: https://roundstoneinsurance.com/
Roundstone Management, Ltd. (Roundstone) based in Lakewood, Ohio is an insurance organization offering small to mid-size employers (20-1,000 employees) a proven health insurance strategy that helps business owners access affordable health insurance for their employees paying only for the healthcare they use while keeping the savings.

Pharmacy Benefit Management Services in the US - 2020 Procurement Research Report - ResearchAndMarkets.com

Retrieved on:

Tuesday, October 13, 2020

Health, Pharmaceutical, Health, Pharmacy benefit management, Self insurance, Specialty drugs, Prescription drug, PBM, Self-insurance, Pharmacy, Specialty pharmacy, Express Scripts

The "Pharmacy Benefit Management Services in the US - Procurement Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Pharmacy Benefit Management Services in the US - Procurement Research Report" report has been added to ResearchAndMarkets.com's offering.
This report is intended to assist buyers of pharmacy benefit management (PBM) services.
A PBM provider is a third-party company that manages the sale and distribution of government and employer-sponsored prescription drugs.
This report is intended for buyers with fully funded insurance and is not tailored to self-insured employers.

Scripta Insights Survey on Pharmacy Benefits Decisions Finds Self-Insured Employers Could See Substantial Savings with the Right Tools & Resources

Retrieved on:

Thursday, September 24, 2020

Health, Articles, Self insurance, Self-insurance, Insurance, Pharmacy, Prescription drug

Scripta surveyed 77 human resources professionals at self-insured companies in August 2020 and results show employers and members could be saving a lot more.

Key Points:

Scripta surveyed 77 human resources professionals at self-insured companies in August 2020 and results show employers and members could be saving a lot more.
"Technologies like Scripta can help employers gain unprecedented insights into their spending every single month, driving high-impact monthly adjustments and providing unbiased analysis of PBM bills.
Three years from now, the prescription drug market will look vastly different and your pharmacy benefits plan should, too.
Scripta is a healthcare IT solution that delivers immediate, real savings on pharmacy benefit costs for self-insured employers, payers and their members.

6 Degrees Health Secures Significant Growth Equity Investment from FTV Capital

Retrieved on:

Wednesday, September 9, 2020

6 Degrees Health , a provider of technology-enabled healthcare cost containment solutions for self-insured employers, today announced it has secured a significant investment from FTV Capital , a sector-focused growth equity investor in innovative companies in enterprise technology and services, financial services, and payments and transaction processing.

Key Points:

6 Degrees Health , a provider of technology-enabled healthcare cost containment solutions for self-insured employers, today announced it has secured a significant investment from FTV Capital , a sector-focused growth equity investor in innovative companies in enterprise technology and services, financial services, and payments and transaction processing.
This investment will enable 6 Degrees Health to expand its platform, which enables employers to realize significant cost savings while also generating best-in-class employee experience.
Our goal at 6 Degrees Health is to bring equity and fairness back into the healthcare reimbursement equation, said Scott Ray, CEO of 6 Degrees Health.
6 Degrees Health provides self-insured employers with a technology-enabled cost-containment solution that delivers significant savings on healthcare claims.

Morgan James Publishing Now Offers Healthcare Benefits for Authors

Retrieved on:

Wednesday, August 26, 2020

Employee benefits, Self insurance, Employee Retirement Income Security Act, Self-insurance, Self-funded health care

It is a partially self-funded healthcare coverage program regulated by The Employee Retirement Income Security Act of 1974, or ERISA.

Key Points:

It is a partially self-funded healthcare coverage program regulated by The Employee Retirement Income Security Act of 1974, or ERISA.
Morgan James has been on a 10-year journey to find a healthcare plan that works for their authors.
Offering health care benefits for authors is unprecedented in the publishing industry.
Morgan James Publishing is determined to go above and beyond for their authors, and they believe these new benefits are one step closer in that direction.

Aware Health Jumps Into the Digital Health Arena With New Study Results

Retrieved on:

Thursday, August 20, 2020

Research, Insurance, Human resources, Professional services, Alternative medicine, Managed care, Health, General Health, Science, Self insurance, Insurance, Self-insurance, Ojha

A landmark study recently published in PM&R by Heidi Ojha, founder of Aware Health , offers a modern alternative to solving self-insured employers most costly problem: musculoskeletal (MSK) conditions.

Key Points:

A landmark study recently published in PM&R by Heidi Ojha, founder of Aware Health , offers a modern alternative to solving self-insured employers most costly problem: musculoskeletal (MSK) conditions.
Beyond direct costs are indirect costs from lost productivity and needing to replace workers, making MSK the biggest risk to US companies bottom lines.
Ojha and colleagues have conducted research for a decade to find a better alternative that actually works.
The secret to savings is predicting who needs treatment and empowering employees with knowledge to return to health.

Fidelity Reports One-In-Four Companies Have Changed Employee Health Benefits Since COVID-19 Pandemic – Will Working Americans Take Notice?

Retrieved on:

Tuesday, August 4, 2020

Professional services, Insurance, Human resources, Finance, Consulting, Banking, Employee benefits, Annual enrollment, Self insurance, Healthcare in Canada, Insurance, Articles, Health, Private exchange, Health insurance in the United States

View the full release here: https://www.businesswire.com/news/home/20200804005099/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20200804005099/en/
Given possible changes to benefits, employees should carefully review their options during employer annual enrollment.
According to the research, many employees are generally aware of valuable benefits, but still are not taking advantage of them.
Fidelity works closely with employers to create dynamic benefit programs for their employees, including employee retirement savings, health and welfare benefits, and stock plan services.
Employees should consider their personal situationtheir finances, family health status, and preferred health care providers and hospitals when choosing health care coverage.

Mitchell | Genex Finalizes Coventry Workers’ Comp Services Acquisition

Retrieved on:

Monday, August 3, 2020

Mitchell | Genex , a leading provider of cost containment technology, clinical services, and disability management, announced it has finalized its acquisition of Coventry Workers Comp Services from CVS Health (NYSE: CVS).

Key Points:

Mitchell | Genex , a leading provider of cost containment technology, clinical services, and disability management, announced it has finalized its acquisition of Coventry Workers Comp Services from CVS Health (NYSE: CVS).
Coventry Workers Comp Services is a prominent provider of care and cost management programs for workers compensation and auto insurance carriers, third-party administrators, and self-insured employers.
This is an exciting day for Mitchell | Genex, Coventry and the industries we serve, said Alex Sun, CEO of Mitchell.
( www.mitchell.com ) ( www.genexservices.com )
Coventry Workers Comp Services offers workers compensation and auto care-management and cost-containment solutions for employers, insurance carriers, and third-party administrators.

Allsup Names Rob Sokol to Healthcare Insurance Services Role

Retrieved on:

Monday, July 20, 2020

Self insurance, Insurance, Health insurance, Employee benefits, Self-insurance, Social Security, Money, Finance

Belleville, Illinois, July 20, 2020 (GLOBE NEWSWIRE) -- Allsup , a nationwide provider of disability representation, employer benefits and return to work services, has named industry veteran Rob Sokol as Director of Business Development, Healthcare Insurance Services.

Key Points:

Belleville, Illinois, July 20, 2020 (GLOBE NEWSWIRE) -- Allsup , a nationwide provider of disability representation, employer benefits and return to work services, has named industry veteran Rob Sokol as Director of Business Development, Healthcare Insurance Services.
Sokol, who will be based in the Boston area, will focus on bringing the companys private and public healthcare insurance benefits services to self-insured employers, benefits managers and employee benefit consultants.
We are excited Rob has chosen to return to Allsup to help us deliver a very specialized set of healthcare insurance services to our clients and prospects, said Steve Perrigo, Vice President of Sales and Account Management for Allsup.
Allsup and its subsidiaries provide nationwide Social Security disability, veterans disability appeal, return to work, and healthcare benefits services for individuals, their employers and insurance carriers.