Medicare Creditable Coverage Disclosure Due to CMS by March 1, 2024
The Medicare Modernization Act (MMA) established annual notification requirements for employer-sponsored group health plans with prescription drug coverage. Per the MMA, employers sponsoring these plans are required to disclose annually […]
7 Low-Cost Initiatives Employers Can Incorporate in Their D&I Programs Now
Countless studies show that employers who focus on diversity and inclusion policies and practices help increase employee engagement and boost overall happiness in the workplace, thus improving retention. Research shows […]
Are You Leveraging Population Health Management Correctly to Mitigate Claims Risk?
While all health plans face the possibility of higher claims, properly managing your employee’s risk pool and population health can help mitigate claims risk and reduce costs in your plan. […]
Four Steps to Create a Stable Renewal Environment
Large renewal rate increases frustrate employers and plan sponsors each year. They might experience significant, double-digit rate hikes one year; a smaller uptick the second; and another large increase the […]
How to Reset & Reflect After Benefits Renewal Season
The hectic benefits renewal season is finally winding down for many employers, with open enrollment meetings and all the logistical challenges and decisions behind us for 2021. We’re ready to relax […]
Government Distribution of Free at-home COVID-19 tests
Starting January 19th, 2022, Americans will be able to order a test online at COVIDTests.gov. To ensure broad access, the program will limit the number of tests sent to each […]
End of Year Employee Benefits Compliance Checklist
From ACA reporting to new federal regulations, employers are faced with several obligations as they close out the year and begin to plan for 2022. To help comply with your […]
How to Reset and Reflect After Benefits Renewal Season
The hectic benefits renewal season is finally winding down for many employers, with open enrollment meetings and all the logistical challenges and decisions behind us for 2021. We’re ready to relax, […]
How We Resolved One Client’s Self-Funding Worries Through Proprietary Confidence Projection
Client Industry: Technology Number of Employees: 240 Service Provided: Statistical risk analysis and probability projections. Challenges Our client had considered transitioning from fully insured to self-funding for several years. Although […]
IRS Issues 2022 FSA and Commuter Limits
The IRS has announced the 2022 max contribution limits for FSA and Commuter accounts [Revenue Procedure 2021-45]. All FSA and Commuter plans (for the 2022 plan year) will be updated […]
