On May 18, 2021, the IRS issued 86 FAQs regarding implementation of the 2021 COBRA premium assistance (or “COBRA subsidy”) and corresponding tax credit under the American Rescue Plan Act (“ARPA”).
Insurance carriers are required to satisfy certain medical loss ratio thresholds. If these thresholds are not satisfied, rebates are available to employers in the form of a premium credit or check.
The Consolidated Appropriations Act, 2021 requires plan sponsors of group health plans to submit information annually about prescription drugs and health care spending . The Centers for Medicare
The Departments of Labor, Health and Human Services, and the Treasury recently published final rules on the No Surprises Act, making changes to the administrative duties of insurance carriers, HMOs,
For plan years beginning on or after January 1, 2023, group health plans must provide for advance disclosure of cost-sharing information to enrollees seeking health services.
The Department of Labor has issued temporary regulations and additional Frequently Asked Questions clarifying the Families First Coronavirus Response Act.
051220 County of Los Angeles Enacts COVID-19 Supplemental Paid Sick Leave Ordinance My Benefit Advisor Compliance
Notice 2021-58 was recently issued, which clarifies the deadlines for making COBRA elections and premium payments under the Outbreak Period rules. There has been much confusion around the Outbreak
The Departments have published interim final regulations under the Consolidated Appropriations Act, 2021 that require group health plans to submit an annual report to the federal government on
Focusing on employee wellness not only benefits your employees but can boost your company’s bottom line as well. Estimates that one in five Americans experience some form of mental illness, most
Our Advisors offer in-depth analysis and are ready to help you successfully navigate employee benefits and health insurance.
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