The new IRS Form 720 has been released and the Patient-Centered Outcomes Research fee filing deadline is July 31, 2023. This applies to all self-funded medical plans and some HRAs for plan years (
Employers covered under the San Francisco Health Care Security Ordinance need to submit the 2022 Employer Annual Reporting Form by Monday, May 1, 2023.
051520 IRS Issues Relief for Cafeteria Plans in Response to COVID-19 My Benefit Advisor
A recent court decision highlights an administrative process known as cross-plan offsetting, a mechanism used by TPAs to resolve overpayments to a provider. Based on the court's ruling, employers
Individual Coverage HRA Plan (ICHRA)
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
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
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 Departments of Labor, Health and Human Services and the Treasury issued FAQ Part 59, providing guidance as it relates to the recent decision in Braidwood Management Inc. v. Becerra. In this case
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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