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Employers Offering Individual Coverage HRAs (ICHRAs) Must Consider “Affordability”

Author: HJI | BSG

Category: Employee Benefits

For employers that are offering an ICHRA, keep in mind that an ICHRA has to be “affordable” in order to avoid an employer mandate penalty. An ICHRA offer is considered "affordable" to employees if, based on the employee's income and the ICHRA contribution, they are able to purchase the..

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Mental Health Parity - New Non-Quantitative Treatment Limitation (NQTL) Reporting Requirements

Author: HJI | BSG

Category: Employee Benefits

The Consolidated Appropriations Act of 2021 added several provisions related to transparency in group health plan coverage, including compliance with mental health parity laws.

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ACA Reporting: 1095 Distribution Extensions Announced

The IRS announced limited relief from some of the 2020 ACA reporting requirements (IRC Sections 6055 and 6056). Specifically, the relief has to do with the 1095-B and 1095-C forms, which relate to reporting individuals’ coverage.

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HHS Issues Two New Congressional Reports Related to HIPAA Compliance and Breach Notifications

Author: HJI | BSG

Category: Employee Benefits

The U.S. Department of Health and Human Services (HHS) has recently released two reports to Congress regarding HIPAA compliance and breaches of unsecured protected health information (PHI). The compliance report notes that hundreds of cases during 2018 resulted in corrective actions, and 11..

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New Transparency in Coverage Rules: What are the Responsibilities for Employers and Carriers?

Author: HJI | BSG

Category: Employee Benefits

On October 29, 2020, the IRS, DOL and HHS jointly issued the “Transparency in Coverage” final rule. First proposed in November 2019 as per Executive Order 13877, the final rule imposes new cost-sharing and pricing disclosure requirements upon group health plans and health insurers. Generally,..

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Extended Deadlines for 2020 ACA Forms

The IRS recently announced limited relief from some of the 2020 ACA reporting requirements (IRC Sections 6055 and 6056). Specifically, the relief has to do with the 1095-B and 1095-C forms, which relate to reporting individuals’ coverage. Here are the changes employers need to note:First, the..

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Medicare Part D Creditable Coverage Notices must be sent before Oct 15th

Author: HJI | BSG

Category: Employee Benefits

Employers must send Medicare Part D notices to all Medicare-eligible individuals before October 15, 2020, regardless of the employer's size or when the plan year starts.

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10 Good Minutes: Telehealth

The utilization of telehealth has surged over the last 6 months. Is it here to stay? 

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Unemployment Insurance Benefit Charge Relief Opportunity

The Wisconsin Department of Workforce Development (DWD) recently announced that employers may qualify for relief of unemployment benefit charging for employees who were partially or totally laid off due to the public health emergency declared by Executive Order 72.

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10 Perks That Appeal to Remote Workers

For the last 30 years or so, companies have been trying to find unique benefits and perks that will help them hire and retain a strong workforce. We’ve seen ping pong tables, nap rooms, on-site cafeterias, on-site daycare, concierge service, fitness centers, popcorn machines, beer - the list..

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