Secure Your Privacy: Are Delivery Robots Sharing Data?
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. The battle over Chicago’s food delivery robots has reached the courts, with two customers accusing the companies behind them of collecting their biometric data without consent. The men […]
Reinsurers thrive as essential El Niño grows
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. Insured catastrophe losses are the lowest since 2019, but Gallagher Re’s historical data point to higher US losses if the Pacific swings to La Niña next year Read […]
5 Essential Ways to Secure Your Insurance
Direct answer You can identify potential scams by verifying the agent’s license through your state’s Department of Insurance website and ensuring all payment methods are official company accounts rather than personal ones. If an agent pressures you for immediate cash payments or refuses to provide a physical office address, it is a significant red flag. […]
The Ultimate Guide: Does the No Surprises Act Protect You?
Direct answer Yes, it prohibits healthcare providers and facilities from billing patients for out-of-network emergency services at higher costs than in-network rates. You are only responsible for your in-network cost-sharing amounts, such as copayments or coinsurance. U.S. Department of Health and Human Services federal implementation guidelines for the No Surprises Act. For additional information about […]
The Essential Guide: Is HRA Money Taxable Income?
Direct answer No, reimbursements from an HRA for qualified medical expenses are generally not considered taxable income to the employee, provided the plan meets IRS requirements. Internal Revenue Service publication guidelines regarding tax-advantaged health benefit arrangements. For additional information about the tax treatment of health reimbursement arrangements, see the Internal Revenue Service’s Publication 969. What […]
Essential Guide: Stop Surprise Surgery Bills Now
Direct answer It depends on whether the individual providers, such as anesthesiologists or radiologists, are also in-network. While the hospital may be in-network, you are protected from surprise bills from out-of-network providers working at that facility unless you provided informed written consent at least 72 hours in advance. Centers for Medicare & Medicaid Services compliance […]
Secure Your HRA Funds: Expert Guide to Quitting Jobs
Direct answer It depends on your employer’s plan document; while some plans allow for the use of remaining funds after separation, many require that the HRA balance be forfeited upon termination of employment. Department of Labor regulatory guidance regarding employer-sponsored health plan administration. What this means for you It depends on your employer’s plan document; […]
Reliable Guide: Comparing SNAP and Medicaid Work Rules
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. In light of the uncertainty surrounding how states will verify the Medicaid medical frailty exclusion, this issue brief describes how the Supplemental Nutrition Assistance Program (SNAP) has handled […]
Everest Appoints Expert Taylor to Lead Global Compliance
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. Global insurance and reinsurance group, Everest has announced the appointment of Jamie Taylor as its new Global Head of Group Compliance and Regulatory Affairs. An experienced attorney, Taylor […]
Marsh Launches Proven Insurance to Protect UK Construction
📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. Insurance broker Marsh announced the launch of two first-of-their-kind insurance facilities to support UK construction contractors in managing road and highway projects, while protecting critical plant and equipment […]