Group health plan sponsors who provide prescription drug coverage to individuals who are eligible for coverage under Medicare Part D, are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS). The plan sponsor must complete the online disclosure within 60 days after the …
CVS Health has designed a new program called RxZERO, which aims to provide affordable medications to individuals living with diabetes without the astronomical out-of-pocket expenses. “Eliminating out-of-pocket costs for diabetes medications ensures long-term affordability, improves adherence and, most importantly, puts patients on the path to better health.” Dr. Troyen A. …
On February 4, 2020, President Donald Trump delivered the 2020 State of the Union Address (SOTU) to a joint session of Congress. A series of topics were presented including private healthcare, federal paid family leave and prescription drug cost reform. These items have already made significant impacts on the employee’ …
An outbreak of respiratory illness caused by a new coronavirus continues to spread with health officials reporting thousands of infections detected to date. Infections of the virus, scientifically known as 2019-nCoV, are being reported internationally, as well as in the United States. On January 30, 2020, the International Health Regulations …
When an individual is searching for a job or is already currently employed, health benefits remain a high point of interest, a necessity, especially in a strong economy and tight labor market. Recent surveys suggest, 80% of employees would choose additional health benefits over a pay raise. This explains why …
The Department of Health and Human Services (HHS) published a final rule increasing the civil monetary penalties for violations of laws enforced by HHS, including the Health Insurance Portability and Accountability Act’s (HIPAA) privacy and security rules. Each year, HHS is required to adjust these penalties for inflation to improve …
On January 21, 2020, the United States Supreme Court denied motions to expedite consideration of Texas v. Azar, the lawsuit which challenged the constitutionality of the Affordable Care Act’s (ACA) individual mandate. The decision to deny expediting the case follows a United States Court of Appeals for the Fifth Circuit …
With months to go in this year’s flu season, it is essential for people to take the initiative and get their flu shot. Health professionals everywhere are urging people to get flu vaccinations after flu-like activity hit its peak in late December. Reports across the nation have indicated that flu …
CVS Health plans to launch a new insurance product by the end of March 2020. It will absorb the astronomical expenses health plan members experience when undergoing gene therapy. “With prices for a single treatment as high as $2 million, many employers are struggling to find ways to offer coverage …
The United States saw cancer death rates decrease by 2.2% from 2016 to 2017, the biggest single-year drop in history. According to a report from the American Cancer Society, the United States has seen a 29% decrease in cancer rates from 1991 to 2016 — which equates to 2.9 million …
Affordable Care Act (ACA) reporting deadlines are approaching soon under Section 6055 and Section 6056 for the 2019 calendar year. Reporting entities must: File returns with the Internal Revenue System (IRS) by February 28, 2020 if filing on paper (or March 31, 2020 if filing electronically); and Furnish 2019 Forms …
The mission of CBI CARES is to partner with non-profits, matching Creative Benefits employees with volunteer opportunities at charitable organizations. This program allows our team members to give time to, collect for, and raise money towards causes that are important to both our clients and us personally. CBI CARES continues …
We’ve put together a video series that captures the heart of our organization! Wildly proud and EXCITED to share an intimate behind the scenes look into who we are, what we do and just how much we care. Here’s to another decade of giving you everything we’ve got. #ThisIsCreativeBenefits Click …
The Equal Employment Opportunity Commission (EEOC) has indicated plans to issue new proposed rules on permissible wellness incentives under the Americans with Disabilities Act (ADA) in early 2020. Final rules were last released in May 2016, which stated that the ADA applies to employer-sponsored wellness plans that ask for health …
Not only did the Further Consolidated Appropriations Act, signed into law on December 20th, repeal three taxes under the Affordable Care Act; the law also extends payment of PCORI fees for the next ten years (2020 through 2029). The ACA created the Patient-Centered Outcomes Research Institute (PCORI) to help patients, …
