Archive for October, 2009

Atul Gawande on…risk management

October 29, 2009 Leave a comment

atul-gawandeI recently heard Atul Gawande, a brilliant doctor at Brigham and Women’s Hospital in Boston and an acclaimed writer, speak about Risk Management. Well, he did not mention those two words but that was my takeaway.

Gawande has been writing about issues in Health Care for many years. At the Harvard Club discussion, he spoke about the tracking and scheduling of items in the building of a large new office tower in Boston. Unlike with the building methods of a hundred years ago, one no longer can entrust the constuction process to the mind of one person, not even the most experienced master builder. Read more…

CMS Medicare Part D Notification deadline is November 15th

October 23, 2009 1 comment

The Medicare Modernization Act (MMA) mandates that certain entities offering prescription drug coverage, including employer and union group health plan sponsors, disclose to all Medicare eligible individuals with prescription drug coverage if the current health coverage they have is “creditable.”  This information is essential to an individual’s decision whether to enroll in a Medicare Part D prescription drug plan.  MMA imposes a late enrollment penalty on individuals who do not maintain Creditable Coverage for a period of 63 days or longer following their initial enrollment period for the Medicare prescription drug benefits. Read more…

PWC Report: Insurance industry not optimistic on Health Care Reform

October 20, 2009 1 comment

HealthCareReformAs the Senate Finance Committee voted last week, a discouraging report was released from PricewaterhouseCoopers voicing new concerns from the insurance industry about the proposed health care reform legislation. A trade group, America’s Health Insurance Plans, sponsored the study and contends that some of the healthcare reform efforts being considered are poised to increase insurance premiums, more so than if no action were taken to reform healthcare in America. (For an outline of the provisions that support this claim, check out WGA’s latest installment of This Week in Health Care Reform.) Read more…

Welcome to the WGA InsureBlog

October 19, 2009 Leave a comment

Welcome to the WGA InsureBlog, an online conversation hosted by William Gallagher Associates Insurance Brokers, Inc. on the latest insurance, risk management and employee benefits trends and issues of the day. We encourage you to subscribe to WGA InsureBlog via the RSS feed to be part of the conversation.