Knowledge Center
The IRS recently released cost of living adjustments for 2021, including several that affect employee benefit plans. Many applicable limits remained unchanged from their 2020 limits.
The Consolidated Appropriations Act, 2021 imposes new reporting requirements related to pharmacy benefits and prescription drug costs that apply to group health plans and health insurance issuers. On
President Biden issued an executive order requiring the U.S. Department of Health and Human Services to consider having a mid-year special enrollment period for the federally-facilitated Marketplace
President Trump recently issued an Executive Order directing relevant federal agencies to issue regulations or other guidance to make available more meaningful information related to the price and
The IRS released the inflation adjustments for health savings accounts and their accompanying high deductible health plans effective for calendar year 2022, and the maximum amount that may be made
My Benefit Advisor, Compliance, March, 2021, New York Requires Paid Leave for COVID-19 Vaccinations
Individual Coverage HRA Plan (ICHRA)
For a large number of employers, the exceptional economic pressure placed on them during 2020 has only heightened the annual challenge of managing costs relating to their company’s benefit programs.
On March 19, 2021, California Governor Newsom signed Senate Bill No. 95 into law, adding a new section to the California Labor Code which requires employers to provide 2021 COVID-19 Supplemental Paid
As a reminder, insurance carriers are required to satisfy certain medical loss ratio (“MLR”) thresholds. If required thresholds are not satisfied, rebates are available to employers in the form of a
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