The Departments finalized rules creating two new Health Reimbursement Arrangement (HRA) options available to employers beginning January 2020. Excepted benefit HRAs will be discussed in a separate
COVID-19 and Government Funding Legislation Signed into Law
The IRS recently released final 2020 Forms and issued Notice 2020-76, which provides for an extension of time for employers to provide Forms 1095-C and a final extension of relief from penalties for
Where insurance carriers have not satisfied certain medical loss ration (“MLR”) thresholds, rebates are made available to employer. These rebates were required to be distributed by carriers to
On March 7, 2020, Governor Cuomo declared a state of emergency in the State of New York in reaction to the respiratory illness known as coronavirus disease 2019.
The American Rescue Plan Act of 2021 was signed into law on March 11, 2021. The Act includes a 100% COBRA subsidy available to certain COBRA qualified beneficiaries who lose group health plan
The final rule on transparency in health plan coverage was recently issued by the Departments, which imposes significant new requirements on non-grandfathered group health plans to disclose
The PCOR fee filing deadline is July 31, 2019 for all self-funded medical plans and HRAs for plan years ending in 2018. This is the final filing and payment for some plans.
Every employer with six or more employees in Massachusetts must annually submit a Health Insurance Responsibility Disclosure (HIRD) Form. Employers must file the annual HIRD form through the
With the high cost of insurance today, many small business owners are confronted at one time or another of whether they should or need to offer a group benefit program for their employees. Although
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