3.5 minute read
Employers should be providing certain benefit notices to their employees at open enrollment time. This includes the summary of benefits and coverage (SBC). Other notices must be...
3.5 minute read
Employers should be providing certain benefit notices to their employees at open enrollment time. This includes the summary of benefits and coverage (SBC). Other notices must be...
1 minute read
For plan years beginning on or after January 1, 2024, employers should be aware of legal changes affecting the design and administration of their plans. It’s important to communicate...
3 minute read
When deciding whether to move from a fully insured health plan to a self-insured health plan (or vice versa), employers should consider the different compliance requirements for each...
1 minute read
The U.S. Centers for Disease Control and Prevention’s (CDC) National Health Interview Survey found that 8.2% of Americans aged 18-64 skipped, delayed, or reduced the amount of their...
1 minute read
A recent survey found that consumers with high deductible health plans (HDHPs) were less satisfied with their coverage than those with the traditional plans. Only around 50% of HDHP...
1 minute read
The Affordable Care Act (ACA) created reporting requirements under IRS Revenue Code Sections 6055 and 6056. The rules state certain employers must provide information to the IRS about...
1 minute read
Pharmacy Benefit Managers (PBMs) have been under investigation recently. PBMs negotiate rebates with drug manufacturers on behalf of a health insurance plan. Earlier this year,...
3.5 minute read
Employee well-being will be a primary focus for employers this year. Now more than ever, employees want to feel that they belong in a workplace and feel recognized, appreciated, and...
1.5 minute read
Starting April 1, 2023, states that maintained continuous Medicaid enrollment during the COVID-19 pandemic can start terminating coverage for those individuals who are no longer...
1.5 minute read
The No Surprises Act’s transparency provisions require employer-sponsored health plans and issuers to provide information regarding health care spending and prescription drugs to the...