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December 2007 Update: Flexible Spending Accounts Article by Suze Orman
This is the time of year when the subject of Health Care Spending Accounts, also known as Flexible Spending Accounts, comes up. Even our clients who have implemented FSAs have not generated substantial participation, probably because most employees don’t really...
July 2007 Update: Reminders to Help Your Employees Get the Most out of Their Coverage
Keystone/Personal Choice has extended their "no pay co pay" for generic drugs through December 31st 2007. Using generics saves money! They are so encouraged by the increased demand for generics generated by this program that they will now offer 3-tiered Rx card...
July 2007 Update: COBRA Update & Reminder
The Federal COBRA mandate only applies to companies who employ 20 or more employees (regardless of how many you insure). If you have fewer than 20 employees, you are not a COBRA-eligible company. The major insurance carriers (Aetna and IBC) will not pay claims for a...
July 2007 Update: Independent Articles Covering Healthcare/Benefits Topics
Dependent care flexible spending accounts are leading the list of family-friendly benefits. Unlike health care spending accounts, dependent care accounts create no risk to the employer since employees can never take out more than they have already paid in. For more...
November 2006: Keystone/Personal Choice Update
There are two new Independence Blue Cross initiatives that we'd like to bring to your attention: "No Pay Copay" Program Keystone and Personal Choice are launching a new generic drug promotion entitled the "No Pay Copay" program. It will be available at both the retail...
November 2006 Update: Informational Piece Regarding Levels of Coverage and Costs
Per Rasmussen Reports, an electronic publishing firm specializing in the collection, publication, and distribution of public opinion polling information Rasmussenreports.com While health care costs are rising rapidly, 64% of American adults say that quality care is...
November 2006 Update: Additional Information – Important Federal Mandate Regarding Medicare Disclosure
We previously provided you with information about employer requirements to notify employees and their dependents who are Medicare-eligible as to whether your prescription drug plan was "creditable". Employer groups are also required to notify CMS (The Center for...
October 2006 Update: Important Federal Mandate Regarding Medicare Disclosure
Under Federal regulations, employers are required to notify Medicare-eligible active employees and dependents whether the prescription drug coverage under your medical plan is "creditable" or "non-creditable" by November 14, 2006. The insurance companies are...
June 2006 Updates: Personal Choice / Keystone RX Change to Futurescripts
Independence Blue Cross and Keystone Health Plan East have announced that they have established their own company, FutureScripts, to manage the administration of commercial prescription drug programs beginning October 1, 2006. By bringing pharmacy management in-house,...
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