Prior to the Thanksgiving holiday, a federal judge in Texas issued a nationwide preliminary injunction on the Department of Labor’s (DOL) overtime regulations set to take effect December 1, 2016.
Tracking the constant carrier, product and compliance changes affecting the health insurance industry can be overwhelming. As a Broker Source partner, you’ll receive specialized communications developed by our compliance and research team to help you stay current.
We simplify complex regulations into language you and your clients can understand. If you need additional guidance, give us a call. We have ERISA, DOL and ACA experts on hand who can help.
Sample some of our archived communications.
Effective January 1, 2017, Coventry will update its prescription drug list (PDL) for all small group plans 2-99.
Effective December 31, 2016, Providence Medical Center, Kansas City, Kansas, and St. John’s Hospital, Leavenworth, Kansas, will be removed from Humana’s provider network for all Humana fully insured, level-funded and ASO plans.
Blue KC will update its prescription drug plan designs for non-ACA Small Group (1-50) and Mid-Market (51-99) plans effective October 1, 2016, upon the group’s renewal. These plan changes also will be implemented for all new business in the Mid-Market (51-99) segment beginning October 1.
Area insurers are beginning to issue 2015 plan year Medical Loss Ratio (MLR) rebates. The Affordable Care Act requires insurers to meet MLR requirements each year.