Economic activity in the services sector grew in November for the sixth month in a row, say the nation’s purchasing and supply executives in the latest Services ISM® Report On Business®. [Read more…]
A new survey released today by Certified Financial Planner Board of Standards, Inc. (CFP Board) in collaboration with research-led consulting firm Heart + Mind Strategies LLC found that more than half of Americans (54%) are experiencing high or very high levels of stress. [Read more…]
The Cooperative of American Physicians, Inc. (CAP) today announced that the Mutual Protection Trust (MPT), the organization’s core product, has earned another A+ (Superior) Rating with a Stable Outlook from A.M. Best Company, a global full-service credit rating agency dedicated to serving the financial and healthcare service industries. This is the 14th year running that the organization has achieved this distinction. [Read more…]
Employer Direct Healthcare (EDH), a market-leader in the surgical benefit space, announced the hiring of Jerry Fiala as a Vice President of Business Development.
Prior to joining EDH, Fiala provided leadership during the successful implementation of Cleveland Clinic’s strategy of direct contractual engagement with large self-funded employers on a national scale, which included services such as surgical travel programs, online second opinion consultations, and executive health examinations.
Health Alliance Plan (HAP), a Michigan-based nonprofit health plan, is partnering with Peerfit®, a digital health technology company, to bring Peerfit Move to its Medicare Advantage members. Peerfit Move encourages Medicare members to maintain an active lifestyle by providing flexible fitness options and facilitating social connections. The current Peerfit network has more than 290 facilities in Michigan and more than 10,500 nationwide. [Read more…]
WellSpark Health and LAZ Parking, one of the largest parking companies in the country, have partnered to create a next generation employee benefit program in support of the modern workforce. The innovative program is built to understand and respond to the realities people face in our complex world when managing their life and health. [Read more…]
Telehealth claim lines1 increased 2,980 percent nationally from September 2019 to September 2020, rising from 0.16 percent of medical claim lines in September 2019 to 5.07 percent in September 2020, according to new data from FAIR Health’s Monthly Telehealth Regional Tracker. However, from month to month, the telehealth share of medical claim lines fell 16.5 percent nationally from 6.07 percent in August 2020 to 5.07 percent in September 2020. The data represent the privately insured population, excluding Medicare and Medicaid. [Read more…]
Chubb announced a new report, “Digital Business Accelerated,” which explores how small and mid-sized businesses are approaching an evolving, digital-first marketplace – a transformation made all the more critical by COVID-19. [Read more…]
Paradigm, the industry leader in solving catastrophic and complex health care challenges and improving lives, today announced the results of a study1 conducted by an independent actuarial firm. Among other key findings, the study shows that catastrophic workers’ compensation cases managed by Paradigm achieved lifetime medical savings of 32%, and a return to work rate nearly six times higher than industry standards. The study examines a sample of Paradigm-managed cases from the last seven years. It consistently found improved cost and clinical outcomes compared to conventional case management industry standards. [Read more…]
WellCare announced today its Medicare Advantage plans in Florida received a 4-Star Rating out of a possible 5 Stars from the Centers for Medicare & Medicaid Services (CMS) annual Star Quality Ratings for rating year 2021. This marks the fourth year in a row WellCare of Florida has received a 4-Star rating from CMS for its Medicare Advantage plans in the state. [Read more…]