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Employers can Save Money with Health Benefit Carve-outs

The advantages of health benefit carve-outs are their ability to deliver improved options for managing cost. Third-party vendors that handle carve-outs can customize their programs to meet the specific needs of your benefit programs. For example, choosing a stop-loss carve-out for organ transplants or … See more

Actived: 7 days ago

URL: https://www.corpsyn.com/knowledge-center/health-benefit-carve-outs/

Community Health Centers Can Look Within for Savings

WEBHealth centers with internal 340B pharmacies can incentivize employees to seek treatment and fill their high-cost prescriptions internally. In truth, healthcare …

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Spousal Incentive Health Reimbursement Arrangement: What Is It

WEBA spousal incentive health reimbursement arrangement (SIHRA) can help organizations do just that. SIHRAs are not a common benefit strategy and they can be a …

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NJ’s Health Insurance Tax to Target High Claims & Costs

WEBA Continuing Series. New Jersey Governor Phil Murphy recently signed a new law levying a 2.5% health insurance tax on net premiums collected for individual and large business plans across the …

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ICHRAs: An Innovative Alternative to Traditional Plans

WEBBy contrast, group health plans tend to have larger annual renewal increases since the carrier needs to factor in a range of high and low claim groups. By adding ICHRAs, you can serve all of your …

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Especially Now, Workers Need Mental Health Benefits

WEBTaking advantage of awareness observations, like Mental Health Awareness Month held annually in May, is another great way to open a line of communication. But any time is a good time to get started! …

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PBM-carrier Mergers: Good for Health Insurance

WEBConsolidation in the insurance industry—integrating pharmacy benefit managers (PBMs) into carriers—is bringing change to the way employers buy health …

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Community Health Centers Can Look Within for Savings

WEBSome health centers are looking within at resources they already have at their disposal to help curtail cost. Another illustration of this is 340B drug programs. Health centers with …

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Benefits Advocate: 1st Defense Against Insurance Errors

WEBThe benefits advocate is an extension of the employee education and communications platform, helping to educate participants when plan changes are made. …

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OCR Issues Regulation on Reproductive Healthcare Privacy; …

WEBprivacy of protected health information (PHI) in reproductive healthcare matters and requires that sponsors of health plans update their HIPAA policies and protocols …

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3 Tips for Taking Mental Health Benefits to the Next Level

WEBAccording to the World Health Organization (WHO), every $1 invested in mental healthcare for employees has a $4 return in regained productivity and reduced …

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HR: Millennial Mental Health Needs Resources

WEBMillennial Mental Health is a Workplace Concern. Stephanie Eisele. July 30, 2019. Millennials’ lives are an open book with seemingly everyone feeling entitled to …

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Negotiating Benefit Renewals: 3 Steps for Better Outcomes

WEBOffer a Fair and Reasonable Rate. Prepare for Renewals with a Plan Design Review. After you receive your annual benefits renewal rate, work with your internal …

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Corporate Synergies' In-House Employee Wellness Programs

WEBA healthy business begins and ends with a healthy workforce. Corporate Synergies’ metrics-driven employee wellness and disease management programs help keep staff …

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Get Reasonable Renewal Rates through Carrier Negotiations

WEBA fair and reasonable renewal rate achieves two things: (1) it allows the employer to continue offering the same, or equivalent, health & welfare benefits to …

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CAA Requirements: What Employers Need to Know to Comply

WEBSecondly, since December 27, 2021, it is important that employers and plan sponsors make sure their health and welfare plan service providers, including brokers …

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Corporate Synergies' Employee Benefits Knowledge Center

WEBTravis Turner. December 12, 2023. Open Enrollment Planning for Next Year’s Success Starts Now. Regularly, our in-house health & welfare specialists offer award-winning …

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Employer Priorities: 2 Benefits Challenges for 2023

WEBAn individual coverage health reimbursement arrangement (ICHRA) is another innovative alternative that suits organizations that employ hourly, part-time or …

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Employee Benefits Made Personal by Corporate Synergies

WEBThe Boutique Benefits Experience. We orchestrate your entire employee benefits program to the tune of your organization. As a seamless extension of your HR team, we will …

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Increasing Health Plan Fee Litigation and Johnson & Johnson …

WEBThe Johnson & Johnson Complaint . The allegations against Johnson & Johnson and its health plan fiduciaries have caused many employers and plan sponsors …

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Meet the Key Benefits Experts of Corporate Synergies

WEBBruce F. Barr, one of the founding partners of Corporate Synergies, has more than 30 years of experience in employee benefits. He has expertise in plan design analysis, carrier …

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