Compliance News Week Ending August 2, 2024 In this Article: 2025 Notice of Benefit and Payment ParametersAll Payer Claims Database (APCD)Handling Level Funded Plan Surplus Returns 2025 Notice of Benef...
ACA Health Insurance Subsidies Could Expire at the End of 2025Resource for this article is from the Kaiser Family Foundation (KFF) website. The effect of the subsidies expiring would be enrollees in t...
Compliance News Week Ending July 26, 2024 In this Article: HIPAA Instructions and Model Attestation How Often Does a Plan Update and/or Restate a Summary Plan Description HIPAA Instructions and Model ...
Selected States’ Regulation of Pharmacy Benefit Managers US GAO – Government Accountability Office found the following and published their findings back in March of this year.What GAO Found Private he...
What Is California SB 966 SB-966 is a bill that will require Pharmacy Benefit Managers (PBM) to be licensed and regulated by California’s Department of Insurance. The Bill will also require the PBM to...
Compliance News Week Ending July 19, 2024
Draft Employer Reporting Form 1095s
The IRS released draft versions of the Form 1095-A, Form 1095-B and Form 1095-C used for reporting enrollment in min...
Lifestyle Spending Accounts
As employers continue to explore different options to attract and retain employee talent, and to support employee well-being, some employers are choosing to offer Lifest...
Is It a PCORI Fee or Is It a CERF Fee
We have seen a few articles coming out this time of the year that state ‘The Affordable Care Act includes a Comparative Effectiveness Research Fee (CERF)’ that...
CMS Part D Redesign Program Instructions – Creditable Coverage Status
The Medicare Part D prescription drug coverage will expand in 2025 as required under the Inflation Reduction Act (IRA), which c...
Compliance News Week Ending July 12, 2024
In this Article:
Change Healthcare - HIPAA Breach Notifications
Supreme Court Decision - Change in Administrative Power
Federal Trade Commission ...
New Potential ACA Rule – Adult Dental Coverage
A few months back, the Biden Administration proposed enhancing ACA insurance by adding adult dental coverage. This falls under the HHS Notice of Benef...
Amwins Connect – July 2024 Question of the Month
Question
Can two owners/officers under a S-Corporation Company elect an FSA for themselves or any other owner of the company?
Answer
A 2-pe...