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Elizabeth Ferroni Promoted to Executive Account Manager

Wednesday, July  11,  2018

Innovative is proud to announce that Elizabeth Ferroni has been promoted from Account Manager to Executive Account Manager. Elizabeth has been an invaluable resource to the Innovative team and to our clients and is well deserving of this new title. As an Executive Account Manager, Elizabeth will maintain the ability to perform all of the … Continue reading

June Compliance Recap

Wednesday, July  11,  2018

June was a relatively quiet month in the employee benefits world. The U.S. Department of Labor issued final regulations regarding association health plans. The U.S. Department of Justice filed a response in ongoing litigation regarding the constitutionality of the Patient Protection and Affordable Care Act. The Centers for Medicare and Medicaid Services released a form … Continue reading

Trump Administration Suspends Billions in Risk Adjustment Payments to Insurers

Tuesday, July  10,  2018

Background The implementation of the Affordable Care Act brought uncertainty to many insurers.  To guard against adverse selection, and the threat of insurer insolvencies, the federal government enacted safety measures to stabilize the individual markets.  The “3 R’s of Health Insurance” sought to balance the risk pool by eliminating uncertainty for those insurers participating in … Continue reading

Innovative Welcomes Vincent Madle

Tuesday, June  26,  2018

We are excited to welcome our summer intern, Vincent Madle, to the Innovative team! Vincent is a rising senior at the Temple Fox School of Business and is currently pursuing a BBA in Risk Management & Insurance with a concentration in Employee Benefits. Throughout the summer, Vincent will be assisting our account and sales teams … Continue reading

Innovative Welcomes Patrick Scher

Tuesday, June  12,  2018

Please join us in welcoming Innovative’s new Benefits Consultant, Patrick Scher. Patrick graduated from Penn State University in 2017 with a B.S. in Corporate Innovation and Entrepreneurship. While in school, Patrick was a summer intern with Arthur J. Gallagher & Co. in Radnor, PA. Prior to joining the Innovative team, Patrick worked as a Sales … Continue reading