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The Shifting Sands of Pharmacy Benefits: Are You Prepared?

Viewpoints from Morgan Lee, PhD, MPH, CPH The pharmacy benefits landscape is no longer as predictable as it once was. As the researcher behind the recent report published by PSG, EPIC’s pharmacy solutions practice, and PSG’s annual four-part report series, I’ve seen firsthand the confluence of challenges employers face: skyrocketing drug costs, innovative new therapies, and constant pressure to maintain affordable access to vital medications for employees. Our recent report, based on extensive research and analysis of market data, delves into three critical trends reshaping the future of pharmacy benefits. This blog post offers a glimpse …

https://www.epicbrokers.com/insights/shifting-sands-pharmacy-benefits-report-preparedness/

Compliance Matters Newsletter | February 2025

… download. Special Compliance Alert: Employer Reporting Improvement Act Federal Court Dismisses Johnson & Johnson Fiduciary Breach Lawsuit Proposed Changes to the HIPAA Security Rule Departments Provide Clarifying Guidance on Gag Clause Prohibition Attestations San Francisco HCSO Top-Off Payments Due February 28 2025 State Regulation Series: California’s Behavioral Health Initiative Employee Benefits Litigation Series: Employer Alleges Fiduciary Breach Against TPA Employee Benefits Litigation Series: Sun Life Class Action Settlement Download this month’s alerts  Additional Updates & Resources Reminder | Telehealth Relief Not Extended into 2025 On December 21, 2024, “The American Relief Act, 2025” (“the Act”) became law, resulting in the …

https://www.epicbrokers.com/insights/compliance-matters-newsletter-february-2025/

Understanding the Fiduciary Responsibility Employers Face for Their Benefit Plans

Viewpoints by Craig Hasday One of the most critical components of the Employee Retirement Income Security Act of 1974 (ERISA) is the fiduciary responsibility imposed on employers and administrators managing these types of plans. Employers should be concerned. ERISA requires employers to maintain oversight of vendors and monitor pharmacy and medical costs, and the penalties for non-compliance can be severe. In fact, there have been two significant lawsuits that underscore the exposure. In both Lewandowski v. Johnson and Johnson and Navarro v. Wells Fargo & Co, a class of employers alleges damages due to a breach by their employer of …

https://www.epicbrokers.com/insights/employer-fiduciary-risk-assessment-checklist/

The Well Newsletter | February 2025

Move the needle on your population wellbeing and health. Keep your most valuable asset – your employees – engaged with practical, actionable topics covering the total wellbeing spectrum. Nurturing Your Relationships Whether you’re an introvert or an extrovert, all people benefit from healthy social connections. With the loneliness epidemic spreading across the U.S., it’s important for our overall wellbeing to nurture our relationships today and every day. Share the benefits of forming and maintaining quality social relationships with your employees. This month’s The Well newsletter provides messaging and tips for you to share with your workforce. To obtain …

https://www.epicbrokers.com/insights/the-well-newsletter-february-2025/

Compliance Matters Newsletter | January 2025

Let our team help you navigate the ever-changing benefits compliance landscape each month. Check out this month’s latest alerts, additional updates, and resources hot off the press: Employee Benefits Compliance Alerts This month’s Compliance Matters newsletter provides a comprehensive review of the following topics. To obtain your copy, please use the form below to download. Affordable Care Act Employer Reporting Refresher CMS Medicare Part D Disclosure Due Soon for Calendar Year Plans W-2 Cost of Coverage Reporting Refresher Employee Benefits Litigation Series: Sixth Circuit Examines Mental & Physical Disability Overlap Download this month’s alerts  Additional Updates …

https://www.epicbrokers.com/insights/compliance-matters-newsletter-january-2025/

EPIC Welcomes Charlie Rosson

EPIC Appoints Charlie Rosson as Northern California Growth Leader The established industry executive brings robust experience to the new role to continue the firm’s upward momentum. EPIC adds Charlie Rosson as Northern California Growth Leader, further emphasizing the firm’s commitment to excellence in providing specialized complex risk solutions. Based in San Ramon, Rosson will focus on enhancing specialization, fostering collaboration, and helping practitioners achieve superior outcomes for their clients. Rosson’s insurance background covers all disciplines including Employee Benefits, P&C, Risk Management, Personal Lines, 401(k), Executive Benefits and Life Insurance, Specialty, and Wholesale. Prior to joining …

https://www.epicbrokers.com/insights/epic-welcomes-charlie-rosson/

EPIC Appoints Robert Peretti as Executive Director, National Markets and Placement

Established Industry Executive Robert Peretti Brings Extensive Experience to the New Role Today, we are excited to announce the appointment of Robert (“Bob”) Peretti to lead National Markets and Placement as Executive Director. In his new role, Peretti will advance the firm’s balanced approach by prioritizing strong relationships with both clients and carriers, ensuring quality outcomes through a collaborative process. Peretti will oversee the continued development of a sustainable and efficient platform to deliver top-tier risk solutions to clients. He brings nearly four decades of experience in the commercial property & casualty industry and has devoted much of his …

https://www.epicbrokers.com/insights/epic-welcomes-robert-peretti/

Compliance Matters Newsletter | December 2024

Let our team help you navigate the ever-changing benefits compliance landscape each month. Check out this month’s latest alerts, additional updates, and resources hot off the press: Employee Benefits Compliance Alerts This month’s Compliance Matters newsletter provides a comprehensive review of the following topics. To obtain your copy, please use the form below to download. Post-Election Predictions for Employee Benefits Proposed Rules for Enhancement of ACA Preventive Services Employee Benefits Litigation Series: Obesity Drug Exclusions Face Lawsuit 2024 State Regulation Series: Texas SB 51 Termination of Coverage Requirements Download this month’s alerts Additional Updates & Resources …

https://www.epicbrokers.com/insights/compliance-matters-newsletter-december-2024/