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Beware These Carrier Contract Pitfalls
Corporate Synergies Link to more items from this source
Sept. 12, 2017

"In any standard carrier contract, whether it's for medical coverage, pharmacy coverage or any number of voluntary benefits, much of the language is standard and non-negotiable. But a small percentage of content in every contract -- typically around 10% -- is specific to your plan and the carrier and should be reviewed. How these parts are written could affect how the plan is administered and how claims are paid out. If you don't know what to watch out for, you -- or the plan members -- could be surprised."

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