IRS ANNOUNCES 2013 AMOUNTS for HSAs and HDHPs

On April 27, the IRS issued Revenue Procedure 2012-26, announcing the 2013 inflation-adjusted dollar limitations applicable to health savings accounts (HSAs) and qualifying high-deductible health plans (HDHPs). The maximum HSA […]

Revised Audit Guidelines

Recently, the Internal Revenue Service (IRS) published Revised Audit Guidelines for use by IRS auditors in examining group health plans for COBRA compliance.  The revised Guidelines incorporate changes to account […]

State Exchange Regulations Issued

On March 12, the federal Department of Health and Human Services (HHS) released a revised version of the federal rules regarding the “Establishment of Exchanges and Qualified Health Plans and […]

Agencies Issue Guidance on Waiting Periods

Under the ACA, effective for plan years beginning on or after January 1, 2014, a group health plan may not have a waiting period that exceeds 90 days.  The ACA’s […]

Agencies Issue Guidance on Employer Mandate

Employer Shared Responsibility A key element of the ACA is the employer “shared responsibility” provision.  This provision, currently scheduled to take effect in 2014, would assess a penalty against certain […]

The Innovative Award Goes To…

Innovative would like to congratulate UBA partner firm principal, Paul Bogumill of Mountain West Benefits in Helena, Montana, for receiving the Innovative Award at the annual Pharmacy Benefit Management Institute […]

AGENCIES ISSUE GUIDANCE ON AUTOMATIC ENROLLMENT

The ACA provision on automatic enrollment requires certain large employers (those with more than 200 full-time employees) to automatically enroll new full-time employees in one of the employer’s health benefit […]

2012 UBA HEALTH PLAN BENCHMARKING IS NOW OPEN!!!

Click Here to Participate in the 2012 Survey and Receive a Detailed Benchmarking Analysis The 2011 survey gathered results from 16,421 health plans from 10,744 employers — making it the […]

The Innovative Way!

Great job by Innovative’s Jeannine Bandiera, who found a way to make a member’s medication affordable!  Recently one of our members was made aware of a tier change for the […]

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