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How to gain more from operational risk management practices. Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.

Proposal for transparency in health coverage

The IRS, Employee Benefits Security Administration, and Centers for Medicare & Medicaid Services have published [84 FR 65464] proposed rules that would require group health plans and health insurance issuers in the individual and group markets to, among other things, disclose cost-sharing information upon request, to a participant, beneficiary, or enrollee (or his or her authorized representative), including an estimate of such individual's cost-sharing liability for covered items or services furnished by a particular provider. Under these proposed rules, plans and issuers would be required to make such information available on an internet website and, if requested, through non-internet means, thereby the individuals to obtain an estimate and understanding of their out-of-pocket expenses and effectively shop for items and services. Comments on the proposed rules are due by January 14, 2020.

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