BENEFITSMITH
  • Home
  • BenefitSmith Global
    • 2023 Global Risks & Rewards
    • Elevate Capacity & Well-Being
    • The Future of Talent
  • Insights
  • Self Insured Solutions
  • Pharmacy Management
  • Data & Analytics
  • People Solutions
  • Stream with Smith
  • NEEBC & Lockton
  • Private Equity and M&A Support
  • About
  • Resources
    • MA Benefit & Leave Mandates
    • Uncommon Perspectives
    • Lockton Benefit Blog
    • Lockton Employee Benefits
    • Lockton Global Benefits - Compliance News
    • Lockton Insights & Publications
    • Lockton Private Risk Solutions
    • Kaiser Health News
    • New England Employee Benefits Council
  • Contact
  • Individual & Small Business Services from Mylo
  • Benchmarking, Trends & Updates
  • Where Employers Focus & How Lockton Helps

Insights

Vaccine requirement, testing, both, other...it's the employer's choice now.

1/20/2022

0 Comments

 
Picture

​Now that the US Supreme Court has decided that Federal vaccine requirements for companies with 100+ employees cannot move forward, many employers are left wondering whether to keep pressing forward, pause or pursue their own workplace vaccination strategy. Employers are trying to balance the desire to keep employees safe in the workplace with providing employees the freedom of personal choice when it comes to being vaccinated.

Lockton's latest pulse survey on Employer COVID-19 Vaccine Strategies is designed to capture employer responses to this pressing issue.  Key findings are 
​
  • 18% of employers plan to require vaccination
  • 46% will require weekly surveillance testing for unvaccinated employees
  • 36% are undecided between mandating the vaccine and offering the testing alternative
  • 53% of employers will encourage vaccination (but with no incentive to do so)
  • 77% of employers are or plan to track vaccination verification internally (as opposed to using a third party)
0 Comments

Alert: OSHA and CMS vaccine-related guidance

11/4/2021

0 Comments

 
Picture
Details of the employer requirements under the Emergency Temporary Standard (ETS) are spelled out on Lockton’s ETS Compliance Alert including a registration link for a webcast on Wednesday, November 10th from 2-3 CST.

In summary, ETS announced today by OSHA requires that employers with 100 or more employees must develop, implement and enforce a mandatory COVID-19 vaccination policy OR adopt a policy to ensure that their workers are fully vaccinated or tested at least weekly.
Steps such as policy establishment, employee vaccination status, communication and records retention have a deadline of December 5, 2021 with weekly testing commences no later than January 4, 2022. ​

0 Comments

Vaccine Information

11/2/2021

0 Comments

 
Picture
Employers have been asking Lockton for a vaccine communication resource.  Here is a COVID-19 Vaccine Communication Resource an overview about vaccine safety, efficacy, how the vaccine works, and commonly asked questions to help navigate information available.

Employers can take many steps to prepare. The experts at Lockton Companies have put together an Employer Checklist for COVID-19 Vaccines of items and issues to consider as employers determine the best course of action for their workforce.

The Checklist Addresses:
  • Covering the cost of vaccine
  • Developing a vaccine policy
  • Developing a communication plan
  • Navigating where your workforce can get a vaccine  


0 Comments

Employer Resources - Delta Variant & New Federal Vaccine Requirements

9/15/2021

0 Comments

 
​The rise of the Delta variant across the U.S. has employers revisiting vaccination strategies for their workforces. Employers are trying to balance the desire to keep employees safe in the workplace with providing employees the freedom of personal choice when it comes to being vaccinated. Lockton's latest Webcasts are designed to capture new Federal requirements and employer responses to these pressing issues.
September 14, 2021 Webcast
Feds poised to issue vaccine and testing mandates for thousands of employers: What's in store for you?
Click image below for Webcast Replay
Picture
August 24, 2021 Webcast
Lockton Coronavirus Advisory Team
Password is Lockton.1
Picture
0 Comments

2021-22 Employer Compliance Playbook

9/1/2021

0 Comments

 
Picture
Benefits compliance in 2021 has never been more challenging; the implications of the Affordable Care Act pale in comparison to 2021. Employers are required to know all of their obligations. We understand the intensity of compliance and have created a 2021-22 Compliance Playbook to help you. This playbook summarizes the vexing challenges Employers are facing and gives you practical, real world advice on how to understand these obligations. 
 
Topics covered:
• Cafeteria plan & flexible spending account accommodations
• Change tax treatment of dependent care benefits (qualifying children)
• Outbreak period guidance (suspension of COBRA and HIPAA special deadlines)
• American Rescue Plan Act COBRA subsidies & their interplay the outbreak
• Mental health parity
• Healthcare plan cost reporting
• Prohibition on price and quality data gag clauses
• Healthcare plan online price comparison tool
• Healthcare plan “advance explanations of benefits”
• In-network, out-of-network and prescription drug costs
• Surprise billing requirements and protocols
• New ID cards
• New network accuracy requirements
• New “continuity of care” disclosures
• New broker/consultant/vendor compensation disclosure requirements

For more information on these topics and more, please contact me 
​

0 Comments

Lockton Pharmacy Newsletter Q1 - 2021

8/2/2021

0 Comments

 
Picture
0 Comments

Lockton Pharmacy Newsletter Q3 - 2020

9/8/2020

0 Comments

 
Picture
0 Comments

Pharmacy Experts Find Saving for Self-insured Clients

5/20/2020

0 Comments

 
"Employers have significant pressure on their healthcare costs. While many look for new solutions, there are also considerable savings in their current spend,” says Rebecca Lich, PharmD, MBA Pharmacy Practice Leader in Lockton’s Denver office. “Twenty two cents of every healthcare dollar is used for prescription drugs. Employers must have best-in-class agreements in place, but we also need to ensure those agreements are met. Every employer should take a ‘trust but verify’ approach through a pricing reconciliation audit. There is money to be found."
"Employers have significant pressure on their healthcare costs. While many look for new solutions, there are also considerable savings in their current spend,” says Rebecca Lich, PharmD, MBA Pharmacy Practice Leader in Lockton’s Denver office. “Twenty two cents of every healthcare dollar is used for prescription drugs. Employers must have best-in-class agreements in place, but we also need to ensure those agreements are met. Every employer should take a ‘trust but verify’ approach through a pricing reconciliation audit. There is money to be found."
Picture
0 Comments

Turning Lockton into Our Virtual Best

5/5/2020

0 Comments

 
Picture
The pandemic caught us all unaware and posed may immediate challenges.  Ken Ralff and the whole Boston Benefits team has done a fabulous job supporting our clients and each other as well as leading in these new ways of work. Proud to be his colleague and friend.  Check out the article describing how he and team did it here

Special shout out to Rob Mattson of ITM Speakers for his help in boosting our video conferencing experience.

0 Comments

Lockton Pharmacy Newsletter Q2 - 2020

3/4/2020

0 Comments

 
Picture
0 Comments
<<Previous
Forward>>

    Author

    Mike Smith - trying to put my history degree to good use through research and writing .  Mom would be proud but she still wanted me to study business.

    Archives

    August 2023
    July 2023
    June 2023
    May 2023
    February 2023
    January 2023
    November 2022
    March 2022
    January 2022
    November 2021
    September 2021
    August 2021
    September 2020
    May 2020
    March 2020
    February 2020

    Categories

    All

    RSS Feed

Copyright 2023 - BenefitSmith.com
Photo used under Creative Commons from jafsegal (Thanks for the 5 million views)
  • Home
  • BenefitSmith Global
    • 2023 Global Risks & Rewards
    • Elevate Capacity & Well-Being
    • The Future of Talent
  • Insights
  • Self Insured Solutions
  • Pharmacy Management
  • Data & Analytics
  • People Solutions
  • Stream with Smith
  • NEEBC & Lockton
  • Private Equity and M&A Support
  • About
  • Resources
    • MA Benefit & Leave Mandates
    • Uncommon Perspectives
    • Lockton Benefit Blog
    • Lockton Employee Benefits
    • Lockton Global Benefits - Compliance News
    • Lockton Insights & Publications
    • Lockton Private Risk Solutions
    • Kaiser Health News
    • New England Employee Benefits Council
  • Contact
  • Individual & Small Business Services from Mylo
  • Benchmarking, Trends & Updates
  • Where Employers Focus & How Lockton Helps