The article below is from The Hill, written by Peter Sullivan Source: © Greg Nash The IRS says it will not reject tax forms from people who fail to answer whether they had health insurance, a sign of loosening up on enforcement of ObamaCare’s individual mandate. Tax forms ask people whether they had [...]
Promote our online portal and My Benefits mobile app to your plan participants TODAY! Diversified Group puts benefits information right at your members' fingertips with our Online Portal: Download forms, view claims, plan docs & more View, print, email and request an ID card Grant access to other covered participants Find providers, manage prescriptions & [...]
When Congress delayed the Cadillac Tax until 2020, the same law placed a one-year moratorium on the annual fee the ACA imposes on health insurance carriers. While the fee does not have a direct impact on TPAs or self-funded plans, it does sometimes impact stop loss premiums. Since this fee applied to insurance carriers and [...]
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 [...]
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 [...]
In past years, the Diversified Group staff has exchanged Christmas gifts with one another. However, this year they decided to give to charity instead and they invited all to join in! They chose to donate to Operation E.L.F. (Embracing Lonely Families) which supports Connecticut Military Families dealing with stresses and hardships during the holiday season. [...]
Vitamin-sized cameras, referred to as edible electronics, are helping doctors examine areas that are very tough to get to, such as parts of the small intestine. Medtronic’s Pill Cam uses up to two mini cameras, a light and up to 10 hours of battery life to travel through the GI tract taking photos at up [...]
Article as seen in Hartford Business on October 26, 2016 written by John Stearns Total health benefits cost per employee increased 2.2 percent in Connecticut this year, about on par with the nation, to an average of $13,910 per worker, according to results of Mercer’s annual health benefits survey released today. But the cost was [...]
Article as seen in Johns Hopkins Carey Business School on September 7, 2016 Hospitals’ CT Scan And Anesthesiology Departments On Average Charge More Than 20 Times Their Costs Hospitals on average charged more than 20 times their own costs in 2013 in their CT scan and anesthesiology departments ― suggesting that hospitals strategically use “chargemaster” markups [...]
