The article below is from Employee Benefit News, titled “5 ways Trumpcare is likely to change employee benefits,” by Craig Hasday. Post-election, I have met with dozens of employers and the No. 1 question on their mind is: What will the new administration do to our healthcare strategy and what steps do I take to [...]
A 20-foot long inflatable colon with pink walls, red arteries and bright round polyps painted on the inside became part of a 50-city summer tour designed to emphasize that colon cancer is the second leading cause of cancer deaths in the U.S. While many who walked through the tunnel at health fairs and festivals described [...]
If you haven’t interacted with a doctor by smart phone, email or webcam recently, you’ll be interested to know that the American Telemedicine Association reports that more than 15 million Americans received some kind of medical care remotely last year. For those employed by a large company or living in a major metro area, it [...]
Diversified Group believes that self-funded plans are the most cost effective and transparent health insurance option for most companies. Not only have we been administering self-insured health plans for 50 years, we have a self-funded medical plan for our organization. As a third party administrator (TPA), we provide comprehensive and cost effective solutions that help [...]
Dear Valued Client, The Centers for Medicare and Medicaid Services (CMS) requires health plans and their contract administrators who process claims for the Plan to keep accurate records as to the Plan's secondary payer status to Medicare and to report this information to CMS with respect to all Medicare eligible employees and beneficiaries (spouses and [...]
Often, the simplest foods are the best for your health – think fruits and veggies. This reins true with nuts as well. Among nuts, Mother Nature crafted a near perfect package of protein, healthy fat, fiber, antioxidants, vitamins and minerals when creating the walnut. Adding just one ounce (approximately 7 walnuts) to your diet may [...]
Labor Department data shows that child care expenses have risen nearly twice as fast as overall inflation since 2009, leaving young families struggling to find affordable alternatives. The biggest reason is that incomes, when adjusted for inflation, remain relatively consistent with pre-recession levels.
As your business prepares for year-end we have some important dates and deadlines to share with you: To properly prepare for month end and year end timing, the cut off day to process claims will be Wednesday, December 28th. We ask that all checks, ACH and wire transfers be received no later than Thursday, December [...]
Healthcare costs continue to rise at an alarming rate and we all need to be Defining our Health Strategy. We thought it would be helpful to share what we do here at Diversified in regard to our strategy as an employer that has a self- funded medical plan. We like to say at Diversified that [...]
Article as seen in HM Stop Loss News November 2016 One of the most important success factors in self-funding is the service provided by the third party administrator (TPA). Since most employers do not have the expertise or the time to handle the day-to-day management of their health benefits programs, contracting a TPA for the [...]
