
Articles
Transparency Requirements & Surprise Billing – Agency FAQs Offer Several Delays
Monday, August 30, 2021
Last week, agency guidance was released in the form of frequently asked questions (FAQs) clarifying requirements and effective dates set forth in the transparency in coverage final rules and the Consolidated Appropriations Act (CAA).
Health Plan Cost Transparency
Thursday, August 19, 2021
The health plan cost transparency rules (the transparency rules) contain two principal requirements. First, carriers and health plans will need to make a data file publicly available that will provide detailed data on plan reimbursement rates for different providers. Secondly, plans will need to provide an advanced estimate of the cost to participants for medical services covered by the plan.
The Sticker Shock of Wood Frame Builder’s Risk Market
Wednesday, August 18, 2021
You may have heard that wood frame projects are more challenging to insure, but unless you received a recent quote on one, you might not realize what this means. Though the market is challenging, there are some steps you can take to be prepared and help obtain the best quotes possible.
COVID Vaccinations – Employer Strategies
Wednesday, August 18, 2021
Now that COVID vaccinations are readily available to all but young children, more employers are looking to encourage, and in some cases mandate, employees and their family members to get vaccinated. There is certainly flexibility for employers to do so, but employers need to be aware of certain compliance requirements that may apply depending upon what type of policy the employer implements.
Diving Into Crime Insurance
Thursday, August 12, 2021
Commercial crime or business crime insurance is an essential coverage to have, as it provides protection for losses due to fraud, embezzlement, theft, forgery, or any other business crime.
Why and How Did the Cyber Insurance Market Harden Overnight?
Tuesday, August 3, 2021
This is a question many insureds are pondering as they are running into seemingly brick walls at their renewals. After battling hard markets in other lines of insurance over the past few years, most policyholders have not seen cyber premiums increase significantly until recently.
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