New HDHP Safe Harbor for Insulin
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...Proposed Extension 2022 Employer Mandate- 1094/1095 Reporting Requirements for 2021
Applicable large employers (ALEs) are required to report information about the health coverage they offered, or did not offer to employees for 2021. ALEs are generally entities that employed 50 or more full-time and full-time-equivalent (FTE) employees in the prior...Surprise Billing and Transparency- Employer Notice Requirements
The Consolidated Appropriations Act, 2021 (CAA), signed into law last year, has introduced new restrictions on “surprise” out-of-network health care charges and new Transparency rules impacting health care providers, insurers and health plans. Included in...OSHA Issues COVID Vaccine Rules for Large Employers
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) announced on November 4, 2021 an emergency temporary standard (ETS) providing regulatory requirements for private sector employers on COVID-19 workplace vaccination and testing...COBRA Subsidies- Updates with Model Notices
COBRA Premium Assistance under the American Rescue Plan Act of 2021 requires employers to provide free COBRA coverage to eligible employees (and family members) between April 1, 2021 and September 30, 2021. Additional employer obligations are required during this period, including new COBRA election periods and notices. Employers will be reimbursed for the subsidized coverage through payroll tax credits.