Knowledge Center
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
The Departments have jointly released a new FAQ regarding preventive care services and coverage for pre-exposure prophylaxis (“PrEP”).
Soaring inflationary pressures and mounting recession fears have combined with pandemic and employment concerns to create a heightened level of financial stress among employees. For employers, this
As the 2022 open enrollment season is quickly approaching, many business owners are beginning to turn their attention to forecasting insurance premium adjustments for budgeting purposes. Of course,
New Jersey has announced the 2022 contribution rates and benefit level parameters for the Temporary Disability Insurance and Family Leave Insurance programs.
Technology continues to permeate many aspects of today’s workplace and the area of benefit administration is no exception. Digital platforms provide tools that are intuitive, intelligent and
Minnesota enacted two leave laws: a Paid Family and Medical Leave Law and an Earned Sick and Safe Time Leave Law. Both of these laws require action by employers beginning in 2024. Click below to
When medical loss ratio thresholds are not satisfied by insurance carriers, rebates are available to employers in the form of a premium credit or check. If a rebate is available, carriers are
The IRS recently issued guidance on the tax treatment of fixed-indemnity health insurance policies that provide payments to participating employees when they complete a health-related activity that
The IRS recently released a Chief Counsel Advice which addressed numerous situations regarding the substantiation of claims under a health flexible spending account and a dependent care FSA.
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