The IRS recently released cost of living adjustments for 2021, including several that affect employee benefit plans. Many applicable limits remained unchanged from their 2020 limits.
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
President Biden issued an executive order requiring the U.S. Department of Health and Human Services to consider having a mid-year special enrollment period for the federally-facilitated Marketplace
President Trump recently issued an Executive Order directing relevant federal agencies to issue regulations or other guidance to make available more meaningful information related to the price and
My Benefit Advisor, Compliance, March, 2021, New York Requires Paid Leave for COVID-19 Vaccinations
Individual Coverage HRA Plan (ICHRA)
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
On March 19, 2021, California Governor Newsom signed Senate Bill No. 95 into law, adding a new section to the California Labor Code which requires employers to provide 2021 COVID-19 Supplemental Paid
On September 8, 2020, the EEOC posted an updated “What You Should Know About COVID-19 and the ADA, the Rehabilitation Act, and Other EEO Laws,” modifying two existing Q&As and adding 18 new Q&As that
Businesses of all sizes can find it challenging to maintain compliance in all aspects of their operations. Making sure that your company is following all applicable laws, regulations, standards and
Our Advisors offer in-depth analysis and are ready to help you successfully navigate employee benefits and health insurance.
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