Dec 9, 2024 | Affordable Care Act, Compliance, Form 1094, Form 1095, IRS, Regulatory
It is that time of year when self-funded employers need to start preparing for a critical health care reform mandate: Providing the IRS with an accurate accounting of health coverage for full-time employees via IRS Forms 1094 and 1095. And there’s an important...
Nov 25, 2024 | Compliance, Mental health parity, Mental Health Parity and Addiction Equity Act (MHPAEA), Non-quantitative treatment limitations (NQTLs), Regulatory
On September 23, 2024, the Department of Labor, Health and Human Services, and Treasury collectively published the Requirements Related to the Mental Health Parity and Addiction Equity Act (MHPAEA) Final Rules. These Final Rules include plan coverage clarifications as...
Oct 25, 2024 | Affordable Care Act, Cancer, Compliance, Mastectomy, Regulatory, USPSTF, Women's health
On October 21, 2024, the Tri-Agencies (HHS, DOL, and Treasury) jointly issued FAQs About Affordable Care Act and Women’s Health and Cancer Rights Act Implementation Part 68. The document provides clarification of preventive service coverage of pre-exposure prophylaxis...
Sep 30, 2024 | Affordability safe harbor, Affordable Care Act, Announcements, Compliance, Health Savings Accounts (HSAs), Regulatory
Is it time to start work on your 2025 employee health plan budget – or are you wondering about the 2025 Affordable Care Act (ACA) health plan’s limitations and affordability percentages? MedBen can help. Our Compliance team has compiled “ACA by the...
Sep 17, 2024 | Announcements, Compliance, Department of Labor, Mental Health, Mental health parity, Regulatory
On September 9, 2024, the federal Employee Benefits Security Administration (EBSA) released information and a preview of the Department of Labor’s final Mental Health Parity regulations. The Final Rules are scheduled to be published in the Federal Register within the...
Aug 30, 2024 | Compliance, Employee Retirement Income Security Act (ERISA), Legislative, News, Regulatory
50 years ago – on September 2, 1974 – ERISA was signed into law by President Gerald R. Ford. The Employee Retirement Income Security Act has had a profound impact on how health benefits are provided to most working Americans. Despite its impact, the legislation...