The IRS released the inflation adjustments for health savings accounts and their accompanying HSA-compatible high deductible health plans effective for calendar year 2025, and the maximum annual
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.
HHS released a proposed rule to lower prescription drug prices and out-of-pocket costs by encouraging manufacturers to pass discounts directly to patients and bring new transparency to prescription
062620 EEOC Antibody Testing Guidance in Return to Work Decisions My Benefit Advisor Compliance
Court-issued preliminary injunctions have blocked the Trump administration’s recent final regulations that would significantly expand the group of employers that could opt out of providing
Employers sponsoring a group health plan need to report information on the creditable status of the plan’s prescription drug coverage to CMS within 60 days after the beginning of the plan year. An
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
On October 29, 2020, the Departments of Labor, Health and Human Services, and the Treasury finalized proposed rules regarding transparency requirements for non-grandfathered group health plan, which
Two recent settlement agreements between the Department of Labor and group life insurance carriers highlight potential liabilities for carriers and employers if life insurance claims are denied due
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