Jan 9, 2023 | Announcements, Compliance, News, No Surprises Act (NSA), Regulatory, Uncategorized
Higher fees and an extended reporting deadline are among the updated No Surprises Act (NSA) guidance and relief released by the Departments of Labor, Health and Human Services, and Treasury (the “Tri-Agencies”) on December 23. Specific updates include: An...
Dec 23, 2022 | Affordable Care Act, Compliance, IRS, Regulatory
First, the good news: Just in time, the IRS has issued a final rule making permanent the automatic 30-day extension deadline to furnish employees their Affordable Care Act (ACA) 1095 forms. The final rule (Information Reporting of Health Insurance Coverage and...
Nov 28, 2022 | Affordable Care Act, Compliance, Form 1094, Form 1095, IRS, Regulatory
Now is the time for self-funded employers to start thinking about and complying with 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. Per the Affordable Care...
Nov 11, 2022 | Compliance, COVID-19, Regulatory
On October 13, the Department of Health and Human Services renewed the COVID-19 public health emergency for another 90 days. This means that the Families First Coronavirus Response Act (FFCRA) requirement that health plans pay for COVID-19 testing (including antibody...
Aug 23, 2022 | Affordable Care Act, Birth Control, Compliance, Regulatory
As you are likely aware, the Affordable Care Act (ACA) requires that all non-grandfathered group and individual health insurance plans provide access to FDA-approved contraceptives, including related contraceptive counseling and medical services, without cost-sharing...
May 24, 2022 | Compliance, No Surprises Act (NSA), Regulatory
Hopefully, you were able to attend one of MedBen’s recent No Surprises Act (NSA) webinars, or have spoken to your broker about the legislation and how it will affect your plan. If not, be aware that beginning July 1, 2022, NSA will require your plan to provide...
