HHS Proposes to Revise ACA Section 1557 Rule
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On May 24, 2019, the Department of Health and Human Services’ Office for Civil Rights (OCR) released a proposed rule to revise its regulations under the Patient Protection and Affordable […]
Reference-Based Pricing: Employers Are Starting to Take Control of Costs
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You may have heard of Reference-Based Pricing as the healthcare strategy gains momentum to control healthcare costs. But what is it and how does it work? Click below to learn […]
May 2019 Compliance Recap
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May was a busy month in the employee benefits world. The Internal Revenue Service (IRS) released health savings account annual contribution limits and high deductible health plan minimum annual deductibles […]
Compliance Alert: IRS Raises HSA/HDHP Limits for 2020
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Compliance Alert: IRS Raises HSA/HDHP limits for 2020 The IRS has announced that effective January 1, 2020, an individual in a High Deductible Health Plan (“HDHP”) with self-only coverage has […]
EEOC Pay Data Collection
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The Equal Employment Opportunity Commission (“EEOC”) announced that it will collect information from applicable employers on employee pay and hours-worked—known as Component 2 data—for 2017 and 2018 as part of […]
April 2019 Compliance Recap
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April was a busy month in the employee benefits world. The Centers for Medicare & Medicare Services (CMS) issued its parameters for the defined standard Medicare Part D prescription drug […]
New NJ Commuter Law
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Governor Murphy signed a new law on March 1, 2019, read here: Commuter Law, requiring certain employers to provide pre-tax commuter fringe benefits to employees. New Jersey employers with at least […]
March 2019 Compliance Recap
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March was a busy month in the employee benefits world. The Department of Justice (DOJ) announced that it will not defend the Patient Protection and Affordable Care Act (ACA) in […]
Action-Based Wellness-How it Can Reduce Claims Cost 10-25%
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See how Innovative helped one client save significant claims dollars over a three year period by implementing a “results-based” wellness program. During the three year period, Innovative was able to help our client: […]
Recent Updates in New Jersey Law
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A lot has been happening in New Jersey since the new year began, and there have been a few critical updates for New Jersey employers and employees. New Jersey Minimum […]