Henderson Brothers is pleased to welcome David Yuhas as an applications manager in the IT department. David has a bachelor’s degree in information science from the University of Pittsburgh, and a master’s degree in business administration from Waynesburg University. David has over 20 years of application development experience. He began at Henderson Brothers in October … Continued
On July 7, 2018, the Trump Administration announced it would halt ACA risk adjustment payments due to or collectible from health insurers for 2017 benefit periods. The pause is in response to a February 2018 United States District Court for the District of New Mexico decision which invalidated the risk adjustment payment formula. CMS is … Continued
Many companies are offering High Deductible Health Plans (HDHPs) to fight against what seems to be the never-ending battle of increasing employee benefits costs. As these plans continue to rise in popularity, employees are faced with the burden of covering the higher deductibles and out-of-pocket costs. HDHPs are defined as health plan with a deductible … Continued
Some states have laws that require employers to notify terminated employees of their right to convert group life insurance benefits to a direct pay individual life insurance policy. The limited opportunity to convert life insurance, which is generally a short 31-day window following the date group coverage ends, allows employees to continue their life insurance … Continued
It is that time of year again for plan sponsors to begin preparing their Medicare Part D notices. Employers with group health plans that provide prescription drug benefits must notify Medicare Part D eligible individuals by October 15th whether the group prescription coverage is at least as good as Medicare Part D coverage. Coverage that … Continued
