by Geralyn Isler | December 18, 2020 | Employee Benefits, Health Care Reform, Recommended Articles
In the Fall of 2020, the Transparency in Coverage final rules were issued. The Final Rule establishes requirements for the disclosure on group health plans and health insurers in the individual and group markets with the objective of putting health care price information in the hands of consumers.
by Angel Carrier | September 14, 2020 | Employer Guidance
Employers who provide prescription drug coverage to those who are or may become eligible for Medicare Part D, must notify both plan members and CMS on whether the coverage provided is deemed “creditable” or “non-creditable” per the Medicare Modernization Act (MMA) of... by Geralyn Isler | August 10, 2020 | Employee Benefits, Employer Guidance, Insurance Company News, Recommended Articles
As we approach cold and flu season, the nation and the economy are still combating the affects of the COVID-19 pandemic. As with any public health issue, the insurance carriers work with and follow the guidance and protocols issued by the Centers for Disease Control... by Geralyn Isler | July 30, 2020 | Employee Benefits, Employer Guidance, Health Care Reform
In a recent Notice the IRS announced the adjusted percentage that will be used to determine whether employees' share of their 2021 premiums are considered affordable for purposes of the employer mandate. Applicable Large Employers, for the 2021 plan year, will... by Jim Beatrice | May 29, 2020 | Employee Benefits, Employer Guidance, Recommended Articles
The IRS released two notices (2020-29 & 2020-33) providing relief on cafeteria plan election rules and increasing the allowed health FSA carryover. These notices are not an employer requirement, rather options to consider. Keep in mind that if you want to adopt...
