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 27, 2022 | Alternative Reimbursement Strategies, Client Surveys, Kurt Harden, MedBen Rx, Prescription, Reference-Based Pricing, Regulatory
On behalf of our entire team, I wish you a Happy New Year and thank you for your continued business with MedBen. We often say that “MedBen Delivers,” and it’s a statement that covers a variety of factors such as plan design strategies, claims processing accuracy, and...
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...
Dec 9, 2022 | Conferences, No Surprises Act (NSA), Regulatory
The No Surprises Act and Transparency in Coverage rules (NSA) have prompted a number of questions about how it affects employer plan sponsors… so it should come as, well, no surprise that plan members also have their own questions about what the rules mean to...
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...
