As previously reported in 2021, plan sponsors of group health plans are required to submit information annually about prescription drugs and health care spending to the Centers fo Medicare and
The Biden Administration announced its intent to end the Public Health Emergency and the National Emergency related to the COVID-19 pandemic on May 11, 2023. Various employee benefit plan
Our compliance calendars include important deadline dates for fully and self-insured groups with a calendar year plan. There are separate checklists for groups with less than 50 employees and
Proposed regulations were recently issued that would implement certain provisions of the No Surprises Act, requiring group health plans to submit information related to air ambulance claims to the
The first deadline for the RxDC reporting requirement on calendar years 2020 and 2021 is December 27, 2022. The Departments have issued FAQ Part 56 addressing this requirement.
Finding ways to cut costs from their benefits budget is a challenge for most businesses. It’s easy to suggest raising deductibles and copays or otherwise reducing the scope of benefits, but a
The New York State Department of Financial Services has announced the contribution rate and benefit schedule under the New York Paid Family Leave law effective January 1, 2021.
Workplace demographics have been changing rapidly in recent years and this shift in cultural values, age, spending habits and perspective on health and well-being impacts all employers. To avoid
With today’s constant changes in the employee benefit industry, insurance brokers need to be well-versed in effective cost-control strategies for the clients they represent. Whether it involves new
Until recently, self-funding has only been a realistic option for larger groups. Now, however, with the advent of “level funded” programs, small groups can obtain the advantages of traditional
Our Advisors offer in-depth analysis and are ready to help you successfully navigate employee benefits and health insurance.
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