Feb 6, 2023 | Announcements, Benchmarks, Case Studies, Compliance, Direct-to-Employer Contracting, MedBen Rx, MedBen University, Roundtables, Rx Costs, Specialty Drugs, Supreme Court
The 22nd Season of MedBen University (MBU) will soon be in session! In 2023, MBU will explore current benefit management issues and proven solutions MedBen offers, including: Reducing Rx spend through alternative specialty drug funding, as well as other pharmacy plan...
Jan 24, 2023 | Affordable Care Act, Compliance, Forms, IRS, Medicare, PCORI, Reporting
To keep you “in the know” about mandatory regulatory due dates for health plan sponsors, the MedBen Compliance team recently compiled a “Self-funded Plan Sponsors Annual Compliance Deadlines” list. We encourage you to download this document and...
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...