Over the past few months, the entire Softheon team has become working from home rock stars! However, we know that as the temperature rises outside, the desire to stay focused…
The Families First Coronavirus Response Act and the Coronavirus Aid, Relief and Economic Security Act (CARES) requires insurers to cover the cost of COVID-19 testing for members without cost sharing.…
Since George Floyd’s tragic death, citizens have been doing the important work of reflecting on the systemic racism and implicit biases that permeate their industries. The healthcare industry is no…
This month, the Departments of Health and Human Services (HHS) published the final Notice of Benefit and Payment Parameters (NBPP) for 2021. This annual rule governs health insurance plans and…
COVID-19 has forever transformed the workspace. Even before New York state government officials mandated all non-essential businesses to work remotely, Softheon leadership decided to employ a work-from-home (WFH) policy. We…
According to estimates from the Kaiser Family Foundation’s recent report, 27 million Americans could potentially lose job-based insurance and become uninsured following job loss. KFF crunched this number after studying…
Since the outbreak of COVID-19, more than 30 million Americans have filed for unemployment. In April, alone, the unemployment rate was 14.7%. Unsurprisingly, these drastic economic changes have directly affected…
The unprecedented COVID-19 pandemic has upended 2019 business plans and projections for 2020. This piece highlights the top six healthcare trends that have emerged since the crisis started, affecting insurers,…
Since March, over 30 million Americans have filed for unemployment, as businesses have been forced to lay off or furlough employees due to the COVID-19 crisis. Economists even expect April’s unemployment rate to be over 16% when it was 3.5% in February and 4.4% in March.
In a 8-to-1 decision on Monday, the Supreme Court ruled in favor of insurers on the Affordable Care Act (ACA) marketplaces in Maine Community Health Options v. United States. The court held that the federal government was obligated to pay the more than $12 billion in unpaid risk corridor payments from 2014 to 2016. (more…)