Mandatory Coverage of COVID-19 Vaccines under Group Health Plans
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Mandatory Coverage of COVID-19 Vaccines Under Group Health Plans On December 11, 2020, the Food and Drug Administration (FDA) issued an Emergency Use Authorization for the Pfizer-BioNTech COVID-19 vaccine (Pfizer […]
Partially Self-Funded Plans with an HRA
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Partially Self-Funded Plans with an HRA As health insurance costs continue to rise, more and more small and mid-size employers are looking for ways to take control of their healthcare […]
Understanding Key Health Insurance Terms
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Understanding Key Health Insurance Terms The language of health insurance can be confusing but understanding some key terms will help your employees comprehend the basics of your organization’s plan, allowing […]
Final Rules on Coverage Transparency
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Final Rules on Coverage Transparency On October 29, 2020, the Internal Revenue Service (IRS), Department of Labor (DOL), and the Department of Health and Human Services (HHS) (collectively, Departments), released […]
6 Self-Funding Strategies to Suit Your Needs
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6 Self-Funding Strategies Self-funding is nothing new as it has been a common form of health plan financing since 1974. Self-funding provides great flexibility with plan designs and provides freedom […]
3 ACA Reporting Errors and The Pandemic’s Impact
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3 ACA Reporting Errors and The Pandemic’s Impact As we approach the end of 2020, we must consider how the various enrollment fluctuations due to the COVID-19 Pandemic will impact […]
Have You Received an MLR Rebate Check? What To Do Next?
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Have You Received an MLR Rebate Check? What To Do Next? The Affordable Care Act requires health insurance carriers to spend at least 80-85 percent of premium dollars on medical […]
Judge Rules for HHS in Price Transparency Case
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Judge Rules for HHS in Price Transparency Case A federal judge ruled against the American Hospital Association (AHA) on Tuesday in its lawsuit attempting to block an HHS rule pushing for price […]
HSA Limits Released for 2021
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IRS issued the 2021 cost-of-living adjustments for Health Savings Accounts and High Deductible Health Plans. 2020 2021 Self-Only Contribution Limit $3,550 $3,600 Family Contribution Limit $7,100 $7,200 HDHP – […]
IRS Releases Two New COVID-19 Notices
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IRS Releases Two New COVID-19 Notices To provide additional relief to Americans during these challenging times, the IRS released Notice 2020-29 and 2020-33. These notices provided new relaxed rules for […]