Compliance News

Medicare Part D Creditable Coverage Disclosure to CMS

Medicare Part D Creditable Coverage Disclosure to CMS Background Each year, plan sponsors must disclose to the Centers for Medicare and Medicaid Services (CMS) their group health plan’s creditab...

Employer Compliance Tip - HIPAA Breach Notifications and Processes

Employer Compliance Tip HIPAA Breach Notifications and Processes There have been a couple of recent high profile cyberattacks and data breaches on health plan related companies, which means more...

RxDC Resources at Amwins Connect

RxDC Resources at Amwins Connect As we get closer to the deadline, you are probably receiving questions from your clients asking you what the carriers are doing or what are they not doing in order ...

Broker Compensation Disclosure Update

Broker Compensation Disclosure Updated March 2024 Overview The Consolidated Appropriations Act of 2021 (CAA) included a requirement that brokers and consultants supplying services to ERISA-c...

Employer Compliance Tip - Handling Level Funded Plan Surplus Returns

Employer Compliance Tip - Handling Level Funded Plan Surplus Returns March 2024 Question How would an employer handle surplus returns from a Level Funded plan? Answer It is recommend to...

Reimbursement of Nutrition, Wellness and General Health Expenses

Reimbursement of Nutrition, Wellness and General Health Expenses While reimbursement of new weight-loss drugs available solely by prescription are reimbursable on a tax-favored basis under an FSA, ...

Protection for Reproductive Health in Women

Protection for Reproductive Health in Women The Biden-Harris Administration announced an ongoing commitment to the protection of women's rights to reproductive health care. The focus is on educa...

Refresher - Determining COBRA Premiums for HRA Plans

Determining the COBRA Premium for an HRA March 2024 Setting the correct COBRA premium for a Health Reimbursement Arrangement (HRA) can be challenging. COBRA defines “applicable premium” as the ...

Who Has To Provide 1094/1095-C Statements to Employees and the IRS?

Who Has To Provide 1094/1095C Statements to Employees and Information to the IRS? Question The insurance carrier confirmed that the Form 1095-Bs were filed for the fully insured plan, so does th...

Amwins Connect - March 2024 Question of the Month

Amwins Connect – March 2024 Question of the Month Question What is the penalty for failing to prepare and submit Forms 1094 and 1095 (B or C)? Answer Employers that fail to file, file late...

ERISA Enforcement and Penalties

ERISA Enforcement and Penalties Employer group health plans should be reminded of the importance of the employer’s role as a fiduciary of the benefit plans offered to employees. As a fiduciary, ...

Employer Reporting Tip - ACA Reporting Deadlines

Employer Reporting Tip - ACA Reporting Deadlines February 29, 2024 Question Are there extensions available for the ACA employer reporting deadlines? Answer The ACA employer reporting de...