Phia Group

rss

Phia Group Media


Controversy Surrounds the Most Expensive Drug in the World

On August 13, 2019
In May of this year, the Federal Drug Administration (FDA) approved the most expensive drug in the world, Zolgensma. The drug was developed by Swiss drug maker, Novartis, and costs $2.1 million for the one-time single dose. The drug maker will spread the burden of the high cost by allocating payments for the drug over a 5- year plan at $425,000 a year.

Don’t Confuse Appeals with Balance-Billing!

On August 6, 2019
https://www.phiagroup.com/Media/Posts/PostId/878/controversy-surrounds-the-most-expensive-drug-in-the-world

Faces of Phia: Episode 14 – The Magical Kingdom!

On August 1, 2019
In this episode, prepare to be enchanted by Mattie Sesin, our Director of Recovery Services. Like a toad kissed by a princess, her career has transformed – and we invite you to join the journey. Marvel at the tales of family, festivities, and food. Miss this one, and you’ll likely turn into a pumpkin.

There’s a New Notice on the Block

On July 31, 2019
Prepare your HAS-qualified high deductible health plan offering groups informed about the new IRS notice on the block. Stay tuned for more IRS regulations.

Health Care “Cadillac Tax” Repeal Bill Passed by the House

On July 24, 2019
The House of Representatives voted to abolish the "Cadillac Tax" on high-valued health plans that when named a law, will put an end to tax threat to employers.

Trump’s Executive Order on Transparency: How it Will Effect Each Segment of Our Industry

On July 23, 2019
On June 24, 2019, President Trump issued his “Executive Order on Improving Price and Quality Transparency in American Healthcare to Put Patients First.” This Order requires hospitals to publicly post their prices, and is designed to give healthcare consumers more choice and better decision-making capabilities.

Final Individual Coverage HRA Rule Released

On July 22, 2019
The Trump Administration finalized a rule in which employers can use HRAs to subsidize their employees' purchase of individual coverage.

The Phia Group's 3rd Quarter 2019 Newsletter

On July 19, 2019
The Phia Group is off to a great start in the third quarter of 2019! Check out our newsletter to get acquainted with some of the latest happenings in our neck of the woods.

Tales From the Plan: Episode 3 – Direct & To The Point!

On July 17, 2019
In this episode of Empower Plans – Tales from the Plan, The Phia Group’s VP of Legal Recovery Services discusses his experiences before and after becoming a happy participant in Direct Primary Care. If you are one of the many people who’ve heard about “DPC” but still wonder how it will be received by the plan participants, tune in.

The Conscience Rule’s Effective Date is Delayed

On July 10, 2019
The HHS published the Final Conscience Rule which allows the denial of healthcare services for religious reasons. Its intent is to protect religious obligations.

Tales From the Plan: Episode 2 – Mrs Peck, It’s Cancer…

On July 8, 2019
In this meaningful episode, Ron Peck tells us about his family’s battle against cancer, and lessons we can all learn from their experience. Health benefits play a role in our health and survival. You can’t afford to miss this one.

The Stacks - 3rd Quarter 2019

On July 2, 2019
This is “The Stacks” from the Phia Group’s 3rd Quarter 2019 Newsletter.

Network Contract Drafting: You’re Doin’ It Wrong

On July 1, 2019
Our consulting team came across a network agreement that had the nuance of indicating that the provider would bill amounts in line with market standards.

Empowering Plans: P70 – Surprise? Balance Bills!

On June 26, 2019
With this episode, the guys define surprise balance billing, discuss movements to curb them (at the State and Federal levels), and harass Pat “The Man” Santos as well. Stop reading this description and start listening!

Everything I Ever Needed to Learn, I learned in Pre-School!

On June 26, 2019
As the saying goes, many of the basic skills we need to be effective in life are taught to us early. “Use your words” – a common instruction given to young children who are struggling to express themselves or communicate effectively, is an instruction I still use daily – albeit with a slight adjustment. Especially with matters relating to plan administration, words alone aren’t enough! it’s important to use the correct words to avoid any confusion and ensure that everyone reading the plan understands exactly what you mean!