At Arthur J. Gallagher & Co., we try to learn everything we can about the industries we serve and the risks they may encounter. It’s a commitment that’s embedded in our corporate culture to expanding our expertise, continuing educational development and gathering topical updates to remain ahead of the curve.
Employers and insurers have been required to provide a SBC since 2012. Final regulations were issued in 2015 and a new template in April 2016. The new template is for use beginning in 2017. Our 1-hour recorded webinar reviews the new SBC rules.
A large radiology practice with multistate teleradiology exposure found its operations expanding, translating into an increase in claims activity and malpractice renewal premium increase of 35%. Cost containment was critical, but the organization did not want to sacrifice coverage. Additionally, with the expansion into new territories, the healthcare organization wanted to ensure it had all the proper coverage in force.
Nick Davies offers guidance on three areas of critical focus for defined benefit plan sponsors.
John Neumaier and Cline Young discuss how employers can develop an executive benefits plan that fits their culture and demographics, using workforce analytics to support retention and succession objectives and drive continuous leadership performance.
James Reda shares insights on gaining an edge in the battle to recruit and retain high-performing key executives.
Retail sales bounced back strongly in April after a stagnant yet choppy first quarter.
Seyfarth Synopsis: New OSHA final rule requires employer to submit data electronically, to be posted on the OSHA website. On May 12, 2016 the Occupational Safety and Health Administration published the final rules requiring employers to submit injury and illness data electronically. 81 Fed. Reg. 29624. OSHA will release this information publicly on its website, believing that its disclosure will shame employers into improving workplace safety. The electronic data submission will also ease OSHA’s data analysis, presumably to ramp up citations against employers based on the frequency of certain types of injuries (such as OSHA’s renewed focus on “ergonomics” injuries) or injuries caused by exposures to certain chemicals or toxic materials. The final rule also includes new anti-retaliation and injury and illness reporting provisions. The final rule will take effect on January 1, 2017.
This issue has updated information about several of the new CMS rules for reimbursements: long term care, inpatient, Medicaid managed care, and overpayment penalties. Of course, there are almost always articles about billing and data/cyber security – the last article has good information about secure text messaging.
Matt Frost highlights the payoff of a strategic approach to communicating benefits value to employees, and shares an “EASY” model for creating meaningful, accessible messaging that makes an impact.
Chuck Reynolds discusses the value of research in determining the efficiency of an employee value proposition, and the impact of key issues on the critical balance of employee rewards, benefits and performance.