August 23, 2023 | Business Benefit News
Gary Beatrice’s legacy continues to grow through a new award named in his memory. The Northern Kentucky Chamber of Commerce will be announcing the winner of the Gary Beatrice Regional Youth Leadership Award during their celebration at the Newport Aquarium on August... by Angel Carrier | June 7, 2023 | Employee Benefits, Health Care Reform, Recommended Articles
What is the PCORI Fee? The Affordable Care Act established the Patient-Centered Outcomes Research Institute (PCORI) to explore the effectiveness, risks and benefits of medical treatments. The fees were originally scheduled to be collected for plan years and policy... by Jimmy Beatrice | June 5, 2023 | Employee Benefits, Employer Guidance
The IRS announced the HSA limits for 2024. The new single maximum contribution limit is increasing to $4,150 and the family maximum is increasing to $8,300. The 2024 HSA contributions, maximum out of pocket limits, and minimum deductible limits for High Deductible... by Geralyn Isler | February 24, 2023 | Business Benefit News, Employee Benefits, Employer Guidance, Insurance Company News, Recommended Articles
On February 23, 2023, Humana announced that they will be exiting the Employer Group Medical business, which includes all fully insured and self-funded group plans including Go365. To read their full announcement go full announcement and FAQ. They have communicated... by Geralyn Isler | February 9, 2023 | Employee Benefits, Employer Guidance
During the COVID-19 Public Health Emergency (PHE) nearly all Medicaid, Children’s Health Insurance Program (CHIP), and Expansion members were able to stay enrolled in their current health coverage regardless of their eligibility. The PHE is now set to expire on May... by Geralyn Isler | February 8, 2023 | Employee Benefits, Employer Guidance
The COVID-19 telehealth relief for health savings account (HSA) qualified high deductible health plans (HDHPs) was extended for two additional years as part of the 2023 Consolidated Appropriations Act. The extension allows pre-deductible telehealth relief for HSAs... by Geralyn Isler | February 3, 2023 | Employee Benefits, Employer Guidance, Insurance Company News, Recommended Articles
The Christ Hospital Health Network (TCH) and Anthem Blue Cross and Blue Shield have reached an agreement on a new contract starting April 1, 2023. Their plan’s benefits will continue to cover care at all Christ Hospital Network locations with Christ Hospital Network... by Geralyn Isler | January 3, 2023 | Employee Benefits, Employer Guidance, Health Care Reform, Healthcare Reform, Recommended Articles
Applicable large employers (ALEs) are required to report information about the health coverage they offered, or did not offer to employees for 2022. ALEs are generally entities that employed 50 or more full-time and full-time-equivalent (FTE) employees in the prior... by Geralyn Isler | October 5, 2022 | Employee Benefits, Employer Guidance, Recommended Articles
On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022. One important provision of the act for employers is the expansion of coverage of insulin under high deductible health plans (HDHPs). Effective for plan years beginning on or... by Geralyn Isler | September 19, 2022 | Employee Benefits, Employer Guidance
In a recent Notice the IRS announced the significantly decreased percentage that will be used to determine whether employees’ share of their 2023 premiums are considered affordable for purposes of the employer mandate. Applicable Large Employers, for the 2023...
