Knowledge Center
With today’s constant changes in the employee benefit industry, insurance brokers need to be well-versed in effective cost-control strategies for the clients they represent. Whether it involves new
Many small to mid-size businesses find it a challenge to manage their human resource responsibilities within their budgetary allowances. In companies like these where resources are stretched thin, a
Professional benefit consultants should always be prepared to bring new ideas to their clients…proven solutions that have solid track records of success for businesses with similar demographics and
The Consolidated Omnibus Reconciliation Act (COBRA) is a federal law that requires employers with 20 or more employees to offer continuing coverage to individuals who might otherwise lose their
As previously reported in 2021, plan sponsors of group health plans are required to submit information annually about prescription drugs and health care spending to the Centers fo Medicare and
The Biden Administration announced its intent to end the Public Health Emergency and the National Emergency related to the COVID-19 pandemic on May 11, 2023. Various employee benefit plan
The Secretary of Health and Human Services has again renewed the COVID-19 pandemic Public Health Emergency. This will extend the Public Health Emergency Period for an additional 90 days and as a
The first deadline for the RxDC reporting requirement on calendar years 2020 and 2021 is December 27, 2022. The Departments have issued FAQ Part 56 addressing this requirement.
President Biden recently signed the “Inflation Reduction Act” into law, which includes key health care, tax, and climate change components.
The Department of Labor has published the annual adjustments for 2023 that increase certain penalties applicable to employee benefit plans.
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