1 minute read
On October 17, 2024, the IRS released Notice 2024-75 (the Notice), expanding preventive care benefits under high deductible health plans (HDHPs) without or with reduced deductibles. The...
1 minute read
On October 17, 2024, the IRS released Notice 2024-75 (the Notice), expanding preventive care benefits under high deductible health plans (HDHPs) without or with reduced deductibles. The...
3 minute read
The Kaiser Family Foundation conducts a survey about employer-sponsored health benefits each year. Here are some of the key points of the 2024 Employer Health Benefits Survey.
3 minute read
Public sector organizations with group health plans should be aware of changes to the Affordable Care Act (ACA) requirements that take effect in 2025.
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A recent survey by the International Foundation of Employee Benefit Plans (IFEBP) shows U.S. employers expect an 8% increase in healthcare costs for 2025. The increase is driven by...
1.5 minute read
A report by independent stop-loss provider Sun Life found that cardiovascular disease surpassed blood cancers for the first time in 12 years. It has now become the second-highest...
1 minute read
A study by Paytient found that 40% of workers delay health care due to costs, impacting their mental health and productivity.
3 minute read
Employers must adhere to crucial eligibility requirements for health coverage, categorized into important "do's" and "don'ts." This includes offering affordable coverage to full-time...
2.5 minute read
The Affordable Care Act (ACA) requires certain employers to electronically report health plan coverage to the IRS under Code Sections 6055 and 6056. A recent law change mandates...
1 minute read
The U.S. Department of Labor (DOL), through its Employee Benefits Security Administration (EBSA) released a new model Employer CHIP Notice.
3 minute read
Employers subject to ACA reporting must comply with reporting deadlines in early 2024 for the 2023 calendar year. They must furnish statements to individuals by March 1, 2024, and file...