Aug
15
For Employer Sponsored Health Plans As we enter the tenth month of the global pandemic, the socio-emotional impact of COVID-19 on businesses and families continues to take its toll. The human psyche struggles to simultaneously maintain resilience and...
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Aug
01
A White Paper on An Industry Perspective Employers will be forced to focus on reducing healthcare costs in 2011, according to the latest white paper “Holding Health Care Costs In Check” from healthcare vendor management firm Optimatum Group,...
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Jul
15
The Pfizer-BioNTech COVID-19 Vaccine received FDA approval on August 23, 2021. Marketed as “Cominarty,” it is the first FDA approved vaccine for individuals 16 and older to prevent the COVID-19 disease. Employers can now mandate that employees receive...
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Jun
01
On October 1, 2014, the Equal Employment Opportunity Commission filed a lawsuit against the Wisconsin-based plastics manufacturer, Flambeau Inc., over their company wellness program. Is your company at risk? The suit alleges that Flambeau, Inc. canceled an employee’s...
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May
15
As Cases of Opioid Abuse Continue to Rise The number of people filling prescriptions for powerful, addictive pain killers is increasing at an explosive pace. A portion of the individuals dependent on these prescriptions could be sitting in...
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May
01
Administrator Sentenced for False Statements on Form 5500 Starting in 2011, companies will be motivated to make 5500 compliance a priority. The last quarter of 2010 witnessed likely the first ever significant jail sentence related to a false...
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Apr
01
In May 2014, the 6th US Circuit Court of Appeals affirmed the district court’s grant of summary judgment, in the case of Hi-Lex Controls, Inc. vs. Blue Cross Blue Shield of Michigan (BCBSM), and awarded over $6 Million to Hi-Lex Controls, Inc. In affirming this, the court:...
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Mar
15
How Companies Can Get More from Their Insurer David Neikrug, chief executive officer of Optimatum, talks about how companies are managing to cut their healthcare costs in ways that don’t involve shifting costs directly onto employees. ABOUT OPTIMATUM GROUP Optimatum Group LLC is a vendor...
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Mar
01
In July 2011, we issued an action alert highlighting the potential dangers of a growing problem involving prescription drug abuse, which impacts benefit plan costs and administration as well as workplace safety. More than two years later, this...
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Feb
15
Aetna announced on July 27, 2010, that it has awarded CVS Caremark with a 12-year contract to administer approximately $9.5 billion in annual drug spend to 9.7 million of its members, effective as of January 1, 2011. Aetna...
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