Pharma execs, upset by Trump’s drug pricing executive orders, refuse White House meeting

Article published by: President Donald Trump seems to have hit a nerve with his Friday executive orders on drug pricing. As drug companies work to battle the pandemic, executives declined to attend a White House meeting today on drug prices, according to media reports.  When he touted the executive orders Friday, the president said Tuesday’s meeting would facilitate talks with pharmaceutical executives on an issue important to many Americans. But the major industry trade groups declined to send representatives, Politico said. Industry representatives weren’t sure it would have been a “productive meeting,” a source told The Hill. At issue is the president’s order linking drug prices in Medicare to lower prices abroad, which the industry argues will import socialist price controls into America’s healthcare system. Trump …

The evolving nature of fraud

Article published by: The insurance market was set to hit new highs in 2020. Then COVID-19 happened. That forecast – and the global economic outlook – is now far less certain. But while market growth projections are in a state of flux, the rate of fraud isn’t expected to slow down. Insurance fraud is anticipated to cause anywhere from $80 million to $100 billion in lost revenue this year. Fraud is sometimes seen as a victimless crime, but it isn’t. It can fund organized criminal activity, it’s often a central vehicle for money launderers, and its proceeds are even used to fuel terrorism. As insurers seek to combat fraud, there are five key trends they need to keep in …

2020-2021 CAHU Board of Directors Announced!

The Columbus Association of Health Underwriters (CAHU) announces the 2020-2021 Board of Directors who will begin serving on July 1, 2020. The new officers include Michael Staebler (President), Matthew Amicon (President-Elect), Matthew Byrne (Immediate Past President), Tenika Seitz (Treasurer), and Marla Morland (Secretary). Committee Chairs include Suzanne McClain (Awards Chair), Lee Nathans (Leadership Continuity Officer and Legislative Vice Chair), Dan Martin (Legislative Chair), George Penree (Membership Chair), Tenika Seitz (Programs Chair), Marla Morland (Programs Vice Chair), and Steven Brasser (Vanguard Council Vice Chair). Incoming President Michael Staebler is a Partner and Benefits Consultant at S3 Partners, LLC where he has served since September 2016. In addition, Michael has also been a Partner at The Staebler Group in Westerville, Ohio since …

How the changing consumer mindset impacts insurance agents and brokers

From Capgemini and Efma’s World Insurance Report 2020 has revealed a conclusive change in consumer behavior. People of all ages are now adopting a ‘millennial mindset,’ where they’re increasingly trusting their own research through various channels – primarily digital – to source information and directly purchase insurance products online. The report groups today’s insurance customers into four categories… READ MORE

NAHU Annual Convention

NAHU will host its 90th Annual Convention — virtually. We invite you to join us, June 28-30, 2020. We’re committed to delivering the same top-notch Annual Convention experience that NAHU members and non-members alike have come to expect within a virtual environment. We know that for many of you, these are challenging times. So we’ve significantly lowered the cost of attending with a special COVID-19 discount — just $99 for NAHU members. Attendees will enjoy unprecedented access to professional development opportunities that will enable them to grow their businesses, connect with peers and learn from top industry experts through our Knowledge Channels. The rest of the preliminary agenda can be found here. REGISTER NOW

How insurance companies can keep feeding talent pipeline amid pandemic

Insurance Business Magazine Written by: Alicja Grzadkowska The coronavirus outbreak has made it difficult for many businesses to continue operating as they normally would, including insurance companies that have sent their employees to work from home over the past few months. However, firms in the industry can and should continue to build out their talent pipelines during this crisis, and can do so with the help of a few key resources. READ THE FULL ARTICLE HERE!

ICYMI: How to Improve Productivity & Work Life Balance While Working From Home

From NAHU News… Watch this webinar to receive essential tips on the best way to work from home in the most effective and efficient way. You will learn techniques to:• Manage Your Time Wisely• Increase Productivity• Improve Your Work & Life Balance Presenter Denecia A. Jones, founder of Jadestone Solutions, is an insurance broker, a mediator and a business & life coach. Denecia is also the host and co-producer of the Soul-Well Business YouTube channel. She has owned and operated a home-based business for over 20 years and will share the ins and outs of working from home with you.

CAHU Welcomes New Management Team!

Please help us welcome Greydan Communications as the new Association Management Company for CAHU. Greydan Communications is a full-service management firm specializing in association management, event planning and communications and is excited to welcome CAHU to its family.

Families First Coronavirus Response Act Passed into Law (Message from NAHU)

Families First Coronavirus Response Act Passed into Law   Today the Senate passed the Families First Coronavirus Response Act, and President Trump is expected to sign the bill shortly. The Act includes several provisions to protect American workers and assist employers in providing emergency paid sick leave, as well as paid family leave in the case of school closures, for working families impacted by COVID-19. The FFCRA requires employers with up to 500 employees to provide paid sick leave and paid family leave while providing a refundable payroll tax credit to employers to cover 100% of the cost of wages. There is also a refundable income tax credit made available for self-employed individuals. Employers with less than 50 employees must …