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In this post, we’ll look at how to assess cyber exposure for a life science company in order to make more informed decisions about this risk area, and the consequent need (or lack thereof) for cyber coverage.

According to survey findings, 70 percent of people with health savings accounts (HSAs) don’t understand the full capacity of what it does. Part of this is due to lack of employer communication around the matter. But it seems most employers don’t necessarily know what they’re doing wrong. In this post, I’ll go over two ways to create an effective communication and implementation plan for your HSA, so everyone can get the most from it.

In the most direct guidance released to date, the DOL has issued new FAQs that make it clear employers are not permitted to pay for the cost of individual health insurance for employees, even if the payments are made on an after tax basis. The guidance also prohibits employers from providing cash to employees to encourage them to waive the employer’s plan and purchase individual health insurance instead.

On October 31st The Centers for Medicare and Medicaid Services (CMS) announced an indefinite delay in the Health Plans ID (HPID) requirements applicable to self-funded employer sponsored health plans. Officially described as an enforcement delay, the announcement means that large self-funded employers will not be required to obtain an HPID by November 5th, 2014 as originally required. No further information regarding a new deadline, or other changes to the HPID requirements, was contained in the announcement.