During these unprecedented times, the challenge of managing the ever-increasing cost of health insurance has become more difficult as additional factors contribute to the number and frequency of claim occurrence due to an: Aging workforce population Increase in events that trigger COBRA eligibility Employers may not be able to eliminate…
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Changes from the Consolidated Appropriations Act, 2021. Introduction The Consolidated Appropriations Act, 2021 (CAA) included provisions affecting the Mental Health Parity and Addiction Equity Act (MHPAEA). The new provisions require group health plans to perform comparative analyses demonstrating compliance with the MHPAEA. Plans will now be required to provide these…
Read MoreDiscover a smarter way for employees to interact with their benefits, make better healthcare decisions, and save money. Join us on Wednesday, March 3 at 12:30 p.m. EST for a LIVE demonstration and to learn how HealthJoy can: Centralize employee benefits experience Provide on-demand health advocacy and network steerage Simplify…
Read MoreCLEVELAND – Feb. 3, 2020 – Oswald Labs introduces OswaldRx Plus, a proprietary solution focused on optimizing pharmacy programs by providing access to the clinical knowledge of dedicated pharmacists. OswaldRx Plus helps members actively manage their medications while supporting employers to reduce cost and control risk for their population. “The…
Read MoreAmazon recently announced two new pharmacy offerings; Amazon Pharmacy gives individuals the ability to complete their entire pharmacy prescription transaction online, and Amazon PrimeRx, which is a discount program for Prime members to provide savings when not using insurance. Amazon Pharmacy Amazon Pharmacy service allows individuals to purchase up to…
Read MoreEvery football season, I, like many others, contemplate what makes a good team. We listen to predictions from professionals and statements from the players themselves. We look to past performance and the state of the current play. And we decide what matters to us. (With fantasy sports, we can even…
Read MoreCorporate health and wellness might feel like too much to take on, but it pays off by invigorating employees and boosting their productivity. Providing a variety of resources is ideal since needs can change daily. Consider these four hands-off approaches to impact your employees. Do not recreate, resend: Most employers…
Read MoreMost of us are getting more than a little tired of the phrase “uncertain times.” Especially when it comes to open enrollment for employee benefits, who wants uncertainty to be the theme? Now, more than ever, it’s important to send clear communications around this important topic. As we’ve gotten used…
Read MoreOswald Labs is a cooperative effort of Oswald Companies and Spark360 designed to bring purposeful, positive disruption to the insurance sector through innovation, collaboration and experimentation. Denise Mirtich, Director of the Oswald Labs initiative and Chief Information Officer for Spark360, Bill Fisher, VP, Practice Leader, Middle Market Group Benefits at… Related articles: Improving the Health of Your Innovation Process: Crain’s Cleveland Employee Benefits Innovation Forum Oswald Companies and Spark360 Announce Collaboration for Insurance and Health Care Innovations About Oswald Companies Founded in 1893, Cleveland-based and employee-owned, Oswald is one of the nation’s largest independent insurance brokerage firms. As a proud…
Read MoreOswald Companies was a featured contributor in the Columbus Business First Health Care News, October 2020. In the article titled “How ICHRAs are redefining employer-sponsored health insurance for boomers and millennials,” Jonathan Sadlier, Vice President, Market Leader, Central Ohio, discusses the benefits of Individual Coverage Health Reimbursement Arrangement (ICHRA) as…
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