Cornerstone Whitepapers

Will the New Transparency in Coverage Laws Help Contain Healthcare Costs?

The No Surprises Act placed limits and procedures for determining costs on certain out-of-network claims, while the Consolidated Appropriations Act enacted transparency requirements for insurance companies, hospitals, pharmacy benefit managers, and insurance brokers.

PCORI Fees Due to IRS No Later Than August 1, 2022

Fees to fund the Patient-Centered Outcomes Research Institute (PCORI) are due to the IRS no later than August 1, 2022, from employers who sponsor certain self-insured health plans such as Level Funded and Health Reimbursement Arrangements (HRAs) that are not treated as excepted benefits. 

What Happens to Unused Amounts in Employees’ HRAs When Their Employment Terminates?

Your company has some choices about what will happen to HRA balances remaining at termination of employment.

Why Employer Groups Really Need to Address Leave Policies

Without a leave policy, employers can get into a difficult situation before they know it. It’s a little like trying to get toothpaste back in the tube—you can only fix it going forward

Rev Up for Fourth Quarter with Cornerstone! Here’s What You Need to Know

Renewal season is nearly upon us. With it comes the inevitable time crunch convergence of renewals and open enrollment. Here are a few planning tips for your group business.

Medical Insurance Carrier Coordination with Prescription Drug Discount Programs

The final cost of a drug can and does vary wildly and the same drug is never priced the same between insurance carriers.

Update to the Surprise Billing Legislation from Late 2020

While the state legislation did curtail costly bills for peripheral services, it did not impact air ambulances. Here’s what you need to know.

What are the “Transparency in Coverage Regulations”?

These regulations are intended to improve price transparency, as required by the Affordable Care Act.

Social Security Spotlight: Social Security Offices Closed to the Public

You cannot visit Social Security Administration offices for an in-person interview. However, a lot can be handled online.

Client Retention Strategies that Actually Work: Advice from Your Friendly Neighborhood Marketing Specialist

Client retention is a metric of your business’s health and your long-term success. You have the clients—now what are you doing to keep them interested?

What the Heck is ICHRA?

The Department of Health and Human Services and the Centers for Medicare and Medicaid Services project that by 2029, roughly 800,000 employers will offer ICHRA, covering more than 11 million employees.

Employee Benefit Extensions for the COVID-19 Pandemic: COBRA, FSA, HRA, and More

Understand the 8 employee benefit extensions designed to help employees and COBRA beneficiaries during the COVID-19 pandemic

FormFire: Essential Technology in the Small Group Market

For brokers who want to compete in today’s small group market in Ohio, access to FormFire is essential.

How to Determine Medicare Creditable Coverage

The law requires that each employer offering prescription drug benefits as part of their employee benefit plan must notify any Medicare-eligible participant and the federal government if the coverage offered is at least as good as the standard Medicare prescription drug plan.

What Drives the High Cost of Health Care?

From all perspectives, there is no one single cause for the rise in costs, nor is there a single solution to contain them.

Shopper’s Guide to Navigating Discount Drug Programs

In the face of soaring drug prices, consumers have found an ally in their local big box stores, such as Walgreens, Walmart, Kroger, Target, etc. Roughly 4 out of 10 Americans rely on these programs to find savings for their prescription drugs.

2019 HSA Refresher: The Ins and Outs

As deductibles continue to rise and these numbers continue to grow, it is important to know the ins and outs of HSAs so that we can better advise our clients.

What are Association Health Plans?

The Trump Administration and the United States Department of Labor (DOL) announced new rules for Association Health Plans (AHP). The new rules allow insurance carriers to expand access to the market for fully insured plans beginning September 1, 2018, and on January 1, 2019, for self-funded plans.

The Holy Grail of Advertising: The Importance of Referrals From Your Clients

It can’t be said enough: Referrals are one of the most important components of a successful inbound sales strategy.

Short-Term Health Insurance: A New, More Affordable Option

Many short-term plans come with additional perks and benefits such as wellness, telemedicine, etc.

You Have a Lot to Offer! Increasing Revenue with Ancillary Sales

Add-on products or ancillary sales can account for as much as twenty percent of additional business revenue.

What’s Old is New Again: Recycling in the Individual Market

The title of one of my favorite movies, Back to the Future, seems apropos when compared to today’s individual health insurance market. With the Affordable Care Act (ACA) being anything but affordable, many consumers are looking for alternative options to cover themselves and their families.

Set Yourself Apart with Level-Funded Health Plans

What if you could provide hope, grow your book of business, and add unique value to help your small business clients save money all at the same time?

Are You Ahead of the Small Group Game?

If you are at all involved in the sales and/or service of small group insurance products, you have likely encountered MEWAs or been asked to advise on the pros and cons of such an arrangement.

You Don’t Have to be Zuckerberg to be in “The Social Network”

You can create a simple social media strategy that facilitates your business’s growth and augments your communication with customers.

Opioid Use Disorder: An Epidemic That Does Not Discriminate

Recently I attended a seminar on what has become the nation’s number one health care crisis: opioid use. It was a wake-up call to some astonishing information. Our industry has begun to feel the devastating effects and so far there is no end in sight.

Exploring ACA Alternatives

As ACA premiums continue to rise, so does the need for ACA alternatives.

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