Knowledge Center
The Department of Labor recently published the annual adjustments for 2021 that increase certain penalties applicable to employee benefit plans.
The IRS recently announced that the adjusted applicable dollar amount used to determine the PCOR fee for plan years ending on or after October 1, 2020 and before October 1, 2021 is $2.66.
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
The Departments finalized rules creating two new Health Reimbursement Arrangement (HRA) options available to employers beginning January 2020. Excepted benefit HRAs will be discussed in a separate
COVID-19 and Government Funding Legislation Signed into Law
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.
042820 COVID-19: Employer Obligations for Members of the Armed Services My Benefit Advisor Compliance
Podcast: ACA Reporting Requirements: What You Need to Know
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