by Karen Taylor Smith | May 2, 2012 | Employee Benefits, Third Party Administration
1. Which services do you provide in house and which do you outsource? With multiple providers involved, it is important to confirm the TPA’s privacy policy, as well as if any outside service provider is being used so they can be evaluated as well. Accurate claims...
by Mike Ignatz | Apr 2, 2012 | Employee Benefits, Events
The Benefits Trust is excited to celebrate National Employee Benefits Day today, this day is chosen by the International Foundation of Employee Benefit Plans (IFEBP) to acknowledge dedication needed to provide quality benefits and well-being. We encourage employers to...
by Karen Taylor Smith | Feb 29, 2012 | Benefits Costs, Employee Benefits, Stop Loss
New innovations in health care are creating new opportunities for treatment, but also new risks that call for specific insurance protection. Prescription drugs for certain medical conditions such as rheumatoid arthritis, cancer, and multiple sclerosis, are now being...
by Mike Ignatz | Jan 30, 2012 | Custom Plan Design, Employee Benefits, Fraud Prevention
There is a sign at the gas station across the street from our office that states “fuel theft affects us all.” Healthcare claim fraud is no different – as the ultimate cost of fraudulent claiming is higher premiums or a reduction in coverage for everyone. Fraud,...
by Mike Ignatz | Dec 23, 2011 | Employee Benefits, Executive Benefits
To control costs, most conventional plans include specific maximums for expenses including paramedical services, vision care, major restorative dental, and orthodontics. Such restrictions may not be appropriate for business owners and executives who will then be out...