America’s new market-driven healthcare system offers huge opportunities for all players in the commercial health insurance ecosystem – employers, advisors, professional benefits administrators, and carriers alike. Our blog presents vital information and knowledge you need to not only comply with, but also to benefit from, and win.
In the ever-evolving landscape of healthcare, transparency is not just a buzzword—it's a critical component of plan management and compliance, especially for self-insured union benefit funds. A vital regulation that these funds must navigate is the Transparency in Coverage Rule, a mandate designed to ensure that health plans provide clear...
Securing better healthcare rates demands a strategic approach. Here's how Health Fund Administrators can turn the tide in their favor using transparency data. Here is how: Negotiate better rates with your network: Utilize the transparency tool to gather data on service costs across different providers. Identifying cost variances can give...
To ensure compliance with the Transparency in Coverage rule, Benefit Fund Administrators should adhere to this checklist: Understand the Requirements for Grandfathered Plans: It’s surprising when some learn that Grandfathered plans are generally subject to the requirements of the Consolidated Appropriations Act (CAA) that, among other things, includes transparency in...
During the COVID-19 crisis, Viveka Health is providing its Mobile App to labor organizations AT NO COST. The app enables the real-time, secure communication of employment, health and benefit information between unions, benefit funds and members. The Viveka Health’s app and cloud based solutions keeps labor organizations in touch with...
Think mobile is just an add-on to your benefits platform? Think again. In the era of consumer engagement, you should consider mobile-first as your go-to strategy! A recent article in the Wall Street Journal asks, “Does the future of America’s labor movement run through our smartphones?” The answer is yes!...