Effective in 2021, employee benefit plan fiduciaries will be required to get fee disclosures from service providers…………..this means hidden fees earned by many brokers (especially the large national brokerages) must be disclosed to newly horrified plan sponsors
Day: December 31, 2020
Employers Choice Rx Adopts RBP Approach
In 2011 when the Employers’ Advanced Cooperative on Healthcare founded Employers’ ChoiceRx (ECRx) it was the first pharmacy BENEFIT solution built to be a transparent/cost-plus program that focused on “therapeutic equivalent” drugs to achieve a lowest net cost reference price.
SmartHealth PayCard
Approved cardholders receive immediate access a revolving credit line of up to $30,000 to pay for covered health care expenses……………….