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Marsh & McLennan Agency Announces 2021 Insurance Broker of the Year Finalist: Megan Zimmerman

Marsh & McLennan Agency Announces 2021 Insurance Broker of the Year Finalist: Megan Zimmerman
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Workers in Pain: Employers Take a New Twist to Prevent Costly Injuries

Workers in Pain: Employers Take a New Twist to Prevent Costly Injuries
NEW YORK (Reuters) – Your job does not have to be physically demanding to literally be a pain in the neck, or knee, or lower back.
Musculoskeletal conditions are among the top expenses for employee healthcare benefits, accounting for about a third of all worker injury and illness cases, according to the Occupational Safety and Health Administration (OSHA).
With healthcare costs projected to rise 4.9% in 2020, according to Willis Towers Watson, many large companies are ready to try something new. They plan to spend more upfront to try to prevent higher costs later on. For conditions like chronic back pain, that means trying to prevent injuries or treat them with innovative physical therapy to avoid surgery and potentially, opioid additions. ....

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Roundstone Announces Virtual Medical Captive Forum on May 19, 2021

Roundstone Announces Virtual Medical Captive Forum on May 19, 2021
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LAKEWOOD, Ohio, May 11, 2021 /PRNewswire/ Roundstone, a health insurance provider specializing in self-funded medical group captive solutions for small and mid-sized companies, announced today that its 7
th annual Medical Captive Forum (MCF 2021) will be held virtually Wednesday, May 19 from 10:30am to 6:00pm EDT.
MCF 2021 will offer vibrant programming, impactful discussion, and opportunities to reflect and connect on the state of healthcare and health insurance today. The live event will be part interactive, designed to help attendees succeed with a self-funded health insurance plan. ....

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Advanced Medical Pricing Solutions (AMPS) Expands Healthcare Cost Management Suite With Acquisition of Drexi

Advanced Medical Pricing Solutions (AMPS) Expands Healthcare Cost Management Suite With Acquisition of Drexi
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ATLANTA, Jan. 12, 2021 /PRNewswire/ Advanced Medical Pricing Solutions (AMPS), a pioneer in healthcare cost management, is pleased to announce it has acquired Drexi, a pharmacy solution that enables savings by transparent pricing and pass-thru on prescription medications available at a nationwide network of more than 65,000 pharmacies.
(PRNewsfoto/Advanced Medical Pricing Solutions (AMPS))
The addition of Drexi expands the AMPS cost management suite further into prescription medications, one of the most nontransparent industries today. Complementary in nature, both firms use reference-based pricing to enable transparency; AMPS specializing in medical costs, and Drexi specializing in pharmacy costs. ....

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Lavish Bonus? Luxury Trip? Health Benefits Brokers Will Have to Disclose What They Receive From the Insurance Industry

The Confounding Way We Pay for Care
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Like a lot of big federal spending bills, the new coronavirus relief package is a grab bag of unrelated legislation.
And one provision in the 5,593-page measure passed last month could lead to revealing conversations between employers and the brokers they rely on to find them the best deals on health insurance and other benefits.
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