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News & Thought Leadership

Carefully Create Your Summary Plan Description

Create Your Summary Plan Description Accordingly: Designing your health plan comes with many contracts and documents including a Summary Plan Description (SPD). SPDs include plan benefits and rights that should be discussed with an attorney that is familiar with the Employee Retirement Income Security Act (ERISA). Many companies fail to carefully detail what is and…

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M&A Announcement: Cambridge welcomes Shaun Gagnon and ISO

We are pleased to announce the completion of a recent merger and acquisition by Cambridge of Insurance Solutions One (ISO) and its principal Shaun Gagnon who is now Managing Director of Group Benefits at Cambridge. We have also opened a third office in Westport Connecticut to enhance and expand our services to all clients. We…

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Summary of Benefits and Coverage Requirements

Reminder for employers as they come into open enrollment: The purpose of the Summary of Benefits and Coverage (SBC) is to provide individuals with standard information so they can compare medical plans as they make decisions about which plan to choose. Health insurers and self-insured groups must provide an SBC when individuals enroll in coverage…

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Section 1557 Nondiscrimination Provisions

On May 18, 2016, the Department of Health and Human Services (HHS) Office of Civil Rights (OCR) published a final rule implementing Section 1557 Nondiscrimination Provisions of the Affordable Care Act (ACA). Section 1557 prohibits discrimination in health care programs or activities on the basis of race, color, national origin, sex, age, or disability. Notably,…

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Business Wire: Cambridge Launches “Insurance Matters” on 77 WABC Radio

Leading Insurance Brokerage Begins Ad Campaign and Appearances on Laura Smith Show to Educate Consumers on personal and corporate insurance issues.

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