During a recent online discussion of strategies for successful worksite enrollments, it became clear that a broker/adviser will frequently conduct a needs-based sale with the company's C-suite or other benefits decisionmakers but not with individual workers.
Concerned about their medical costs, employers are using radiology benefit managers to minimize spending on unnecessary diagnostic scans. The RBMs communicate with doctors and help employers determine when a scan should be covered and when it would be unnecessary.
The industry has known this was coming for a long time. Last July the Federal Register announced sweeping changes for 403(b) plans that would be effective January 1, 2009. Needless to say, some employers are behind the curve in getting their plans up to speed.
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