Promoting mental health awareness and benefit use within the workplace has come a long way over the past two decades, but for many, a stigma still remains that prevents them from seeking care. As the effects of unacknowledged and untreated conditions on businesses become more apparent, employers have a chance to become a mouthpiece for change.
Approximately 75% of employees have dealt with an issue that affected their mental health, according to the American Heart Association. Whether stemming from personal or professional factors, the toll of these struggles is widespread within the workplace, with being untreated mental health conditions costing…
what does health insurance through the marketplace mean?
30,000 people will lose health insurance next month as Colorado shuts down Friday Health Plans. Here’s what’s next.
Friday Health Plans started in Colorado in 2015 with hopes of revolutionizing the health insurance market. Nearly a decade later, the company has imploded, leaving tens of thousands of people scrambling to find new health insurance in Colorado and beyond.
State regulators in Colorado are moving to “liquidate” the company, meaning its assets will be divided up and the business closed. As a result, all of Friday Health’s plans in Colorado will end on Aug. 31 — affecting roughly 30,000 customers here.
The company was already set to close, seeming to collapse after an over-aggressive expansion. But state regulators decided…
Can You Prevent Telehealth Fraud?
Telemedicine has continued to thrive in a post-pandemic world, but with the expansion of services comes the expansion of fraud.
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The Office of Inspector General (“OIG”) has warned healthcare entities to use ‘heightened scrutiny’ when entering telemedicine arrangements that have suspect characteristics of a fraud scheme.
The OIG has stated that a common characteristic of fraudulent schemes is the use of kickbacks to recruit and award healthcare practitioners.
The OIG further…
Aretha Franklin’s Wills Dispute – Rickard & Associates
If you have been following the news, you may have seen that there is a dispute regarding Aretha Franklin’s estate plan. Her sons are in court fighting over her estate and multiple wills.
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Aretha Franklin died in 2018, and because she did not have a trust, she wills went through probate court where they are being disputed by her sons.
A Will from 2014 and two Wills from 2010 were found…
Terminating Your Physician Employment Agreement
Many of our physician clients are unaware of their termination rights prior to meeting with us.
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If you want to terminate your employment, the first thing you need to do is read your contract.
Most physician employment agreements have substantial termination provisions. You need to know what yours says regarding termination with and without cause, what notice is required, and what other provisions will be triggered by termination.
Many times, employment…
Johnny Knoxville says the Jackass cast was once ‘uninsurable’
Johnny Knoxville knows that he’s lucky to be alive — and so does his insurance company.
Asked if he is an insurance agent’s worst nightmare during a Vanity Fair lie detector interview, the fifty-two year old stunt performer and Jackass star attempted a lie: “No,” he said, before looking towards the lie detector operator. “Does that sound true?”
After receiving a firm headshake, Knoxville fessed up. “Okay,” he admits. “You got me, I am.”
Knoxville has sprained, torn and broken many body parts over the course of his career. Alongside the rest of the Jackass cast members, he spent years…
EverQuote Announces Decision To Exit Health Insurance
Health Exit Will Drive Greater Strategic Focus and Improved Capital Utilization
Company Announces Second Quarter 2023 Earnings Call
CAMBRIDGE, Mass., July 06, 2023 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it will exit its health insurance vertical, beginning June 30, 2023. The health insurance vertical includes EverQuote’s marketplace and direct to consumer agency (DTCA) serving the Medicare and “Under 65” health insurance market, and represented approximately 10% of the Company’s revenue in fiscal year 2022.
“We are making the strategic decision to exit an area that requires significant capital investment and scale…
How will AI affect the international private medical insurance market?
How will AI affect the international private medical insurance market? | Insurance Business America
Life & Health
How will AI affect the international private medical insurance market?
AXA head speaks on bias and freeing workers from the ’80/20 rule’
Life & Health
By Gia Snape
Artificial intelligence (AI) and machine learning (ML) are rapidly transforming the global insurance landscape. But AI biases and data privacy risks pose a significant concern in the international private medical insurance (IPMI) industry.
“AI can decide whether some claims are valid within seconds. This gives businesses within our industry the opportunity to both save costs…