1 minute read
The IRS released updated penalty amounts for those who don’t comply with the Affordable Care Act’s requirements under Internal Revenue Code Sections 6055 and 6066. The increased amounts...
.5 minute read
The U.S. Citizenship and Immigration Services (USCIS) published a new version of its I-9 form, also known as the Employment Verification form. This form is to be exclusively used...
2.5 minute read
Many employers lowered their claim costs during the COVID-19 pandemic due to people delaying their care. Now that utilization is increasing, medical plan costs are approaching...
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...
One in four adults will experience a disability before reaching retirement age. It's important for employers to support their employees in good and challenging times. Offering disability insurance...
1.5 minute read
According to a new study, American workers are hesitant to use their paid sick leave, even if they are truly sick. Nine out of ten employees said they worked while sick during the...
1 minute read
According to an annual report by PricewaterhouseCoopers (PwC), health care costs are expected to grow by 7% in 2024. This is due to rising pharmaceutical expenses, especially specialty...
1.5 minute read
Frequently asked questions were recently issued regarding the Affordable Care Act’s (ACA) overall cost-sharing limit and the No Surprises Act’s (NSA) protections against surprise...
1 minute read
As part of the Inflation Reduction Act, Medicare will soon be able to directly negotiate covered prescription drug prices (Part B and Part D). The Centers for Medicare and Medicaid...
1 minute read
Amid a shortage of mental health care professionals, many patients are struggling to find mental health care services. A recent survey found that nearly 43% of insured adults who rated...
