“Let’s face it…” The Phia Group’s CEO Adam V. Russo, Esq. stated, “The Patient Protection and Affordable Care Act is here to stay. The only question we need to ask is whether we will rise to the challenge, or collapse under the regulatory burden.”
Braintree, MA – For years, The Phia Group’s team of consultants have been dealing with various regulatory inquiries. In response to the impending influx of regulation bound to follow the recent election and rollout of PPACA’s most complex provisions, The Phia Group announced this week the official formation of its Regulatory Compliance team.
The Time for Procrastination is Over
“Let’s face it…” The Phia Group’s CEO Adam V. Russo, Esq. stated, “The Patient Protection and Affordable Care Act is here to stay. The only question we need to ask is whether we will rise to the challenge, or collapse under the regulatory burden.”
The floodgates are open and a tidal wave of mandates is fast approaching. The Supreme Court has deemed PPACA to be constitutional, and we now know that it will not be repealed. Now that PPACA is the law of the land, the freeze on regulatory activity is at an end. The DOL, HHS, CMS, and NAIC are about to bombard us with rules pertaining to items such as Transitional Reinsurance Programs, Essential Health Benefits, Self-Insured Health Plan Rights Reconsidered, Defining Self-Insurance and Stop-Loss’ Roles, and more…
If you administer health benefits and haven’t addressed these and other pressing compliance issues, you’re not alone. Phia Group Consulting’s Regulatory Compliance team has been assembled to assist all members of the industry in their effort to comply with applicable laws for a fraction of the cost traditional law firms will charge.
“Uncertainty seems to be the only certainty these days…” The Phia Group’s Sr. Vice President and General Counsel remarked; “When it comes to all of these regulations, mandates, and acronyms… it’s a nightmare to keep track of. We’ve compiled a team whose mission is to make sense of the mayhem.”
Customized Compliance Support
With an ability to customize their services, The Phia Group will provide timely compliance support tailored to their clients’ specific needs. Entities impacted by these forthcoming regulations are encouraged to contact The Phia Group’s Director of Client Services:
Andrew Milesky
Director of Client Services
The Phia Group, LLC
163 Bay State Drive
Braintree, MA 02184
Phone (781) 535-5636
Fax (781) 848-1154
E-Mail amilesky@phiagroup.com
About The Phia Group:
For more than a decade, The Phia Group, LLC has been successful in resolving complex reimbursement matters on behalf self funded plans, and implementing proactive, innovative methodologies to contain costs to benefit plans. To learn more about their experience and the services they provide, please do not hesitate to contact their Director of Client Services, Andrew Milesky, at 781-535-5636 or via email at amilesky@phiagroup.com.
