Why you should check in frequently with business financials | Employee referrals may lead to less diversity | Deferred annuities offer alternative to long-term-care insurance
February 20, 2018
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Best Business Practices
Why you should check in frequently with business financials
Keeping on top of your business' numbers may not be the most engaging way to spend your time, but it's necessary to keep the business viable. Personal finance writer Taylor Gordon explains that regular monitoring allows business managers to address what's not working, stop cash flow problems before they become serious, catch discrepancies and ensure that the business is on target to meet goals.
Due Payments Blog (2/19) 
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Employee referrals may lead to less diversity
The advantages of employee referrals for new hires are well-known and documented. However, a Payscale study finds that diversity efforts may suffer from too much reliance on referrals.
Forbes (2/19) 
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Prospects, Products and Market Trends
Deferred annuities offer alternative to long-term-care insurance
As premiums for stand-alone long-term-care insurance continue to increase, deferred annuities may offer a good alternative, writes Aja McClanahan. She discusses who this product might be right for.
Wise Bread (2/19) 
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Policy and the Health Care Landscape
Trump administration proposes rule changes to promote short-term insurance plans
The Trump administration has proposed new rules that would make short-term health insurance, with low prices and less coverage, more widely available. Proponents say the move will allow for greater choice and affordability in the market, but critics say it will destabilize insurance markets.
Politico (2/20) 
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Groups push back against Medicaid work requirements
More than 160 health care organizations sent a letter to HHS Secretary Alex Azar urging him to revoke CMS guidance for states requesting work requirements for Medicaid recipients and to withdraw related waiver approvals, saying the policy could inhibit health care access for people with chronic conditions, particularly those dealing with substance abuse and mental health disorders. The groups said the policy interferes with the government's efforts to curb opioid abuse and improve re-entry from the criminal justice system.
Healthcare Finance News (2/19),  The Hill (2/16) 
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States explore unprecedented Medicaid changes
States explore unprecedented Medicaid changes
(Adam Berry/Getty Images)
More states are seeking to fundamentally change their Medicaid programs through waivers, and their requests involve more than just work requirements for enrollees. Among the ideas are lifetime limits, temporary lockouts if beneficiaries fail to report income changes or renew enrollment on time, charges for missed appointments, cost-sharing requirements and moving more recipients to private coverage.
The Examiner (Washington, D.C.) (2/20) 
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Business groups would be able to self-insure under Wis. bill
Legislation in Wisconsin would let small businesses within an industry association or chamber of commerce self-insure for employees' health care. The bill's author says the measure would mitigate soaring health care costs, while an opponent says it would undermine the Affordable Care Act marketplace and lead to health plans with fewer benefits.
La Crosse Tribune (Wis.) (2/20) 
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Bill to allow drug imports from Canada advances in Utah
A bill that would establish a state drug importation program, which will allow drug imports from Canada at lower prices, was approved by Utah's House of Representatives. The bill, which now advances to the state Senate for consideration, seeks HHS approval for Utah to allow contracted wholesale pharmacies to buy prescription drugs from approved wholesalers in Canada.
BioCentury (2/15) 
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Gottlieb: FDA probes misuse, abuse of gabapentinoids
Gottlieb: FDA probes misuse, abuse of gabapentinoids
Gottlieb (Zach Gibson/Getty Images)
FDA Commissioner Scott Gottlieb said the agency is taking steps to prevent the potential misuse and abuse of gabapentinoids, which could result in serious adverse events. The agency was alarmed by reports of off-label prescribing of gabapentinoids to treat pain, and as an alternative to opioids.
BioCentury (2/15) 
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