5 minute read
Employers with group health plans face numerous federal compliance requirements, which can be difficult to manage. Mistakes may lead to penalties or legal issues. Regularly reviewing...
5 minute read
Employers with group health plans face numerous federal compliance requirements, which can be difficult to manage. Mistakes may lead to penalties or legal issues. Regularly reviewing...
1.5 minute read
The U.S. Department of Health and Human Services (HHS) has selected 15 more drugs to Medicare Part D price negotiations. Drug companies have until February 28 to join, with talks...
2 minute readThe Departments of Health and Human Services, Labor and the Treasury (Departments) recently issued frequently asked questions (FAQs) on the implementation of several federal...
1 minute read
The IRS has issued Notice 2024-83 to increase the Patient-Centered Outcomes Research Institute (PCORI) fee to $3.47 per average covered life for plan years ending between October 1,...
3.5 minute read
Health care costs are expected to rise significantly in 2025, with projections indicating a 7%-8% increase. Large employers foresee a 7.8% rise, while others estimate an 8% median...
1 minute read
IRS Revenue Procedure 2024-40 updates penalties for non-compliance with Affordable Care Act’s (ACA) requirements under Code Sections 6055 and 6056, affecting 2025 returns and 2026...
1 minute read
The 2024 Best Practices in Healthcare Survey by WTW reveals that rising healthcare costs are prompting over 51% of U.S. employers to redesign plans for affordability, focusing on new...
1 minute read
Starting in 2020, the Consolidated Appropriations Act, 2021 (CAA) bans health plans and insurers from using gag clauses in contracts that limit sharing information on provider prices...
1 minute read
In response to the COVID-19 pandemic, Congress enacted legislation which temporarily allowed high deductible health plans (HDHPs) to provide telehealth service benefits before plan...
1 minute read
U.S. employers predict a 5.8% rise in health benefit costs for 2025, according to Mercer’s 2024 National Survey of Employer-sponsored Health Plans. This is the third year in a row that...