Compliance News

Events Permitting Election Changes Mid-Plan Year

Events Permitting Election Changes Mid-Plan Year The Plan may be drafted to permit an individual to change an election mid-year based on a permitted event. Alternatively, a plan sponsor may design ...

Amwins Connect - February 2024 Question of the Month

Amwins Connect – February 2024 Question of the Month Question How does an ALE (Applicable Large Employer) pick an affordability safe harbor? Answer If an ALE's offer of minimum value ...

ACA Employer Mandate Reporting - Employer Reporting Tip

ACA Employer Mandate Reporting - Employer Reporting Tip Q: If related entities that are applicable large employers (50 or more FTEs) share benefit plans, do they report together? A: No. Offer of...

ACA Employer Reporting Summary

ACA Employer Reporting Summary January 2024 Certain employers, plan sponsors, and insurers are required to report health plan information and participant coverage data to the IRS each year. The ...

FAQs on Contraceptive Coverage

FAQs on Contraceptive Coverage Most non-grandfathered group health plans are required to provide coverage with no cost-sharing for preventive coverage, including contraceptives. Despite these requi...

California Dept of Public Health Issues Revised Covid-19 Definitions and Procedures

California Department of Public Health Issues New Order Revising COVID-19 Definitions and Procedures On January 9, 2024, the California Department of Public Health (CDPH) issued an order addressing...

Employer Reporting Tip - ACA Forms 1094 and 1095 Reporting in Early 2024

Employer Reporting Tip - ACA Forms 1094 and 1095 Reporting in Early 2024 Q: Which employers are required to prepare and file Forms 1094 and 1095 early in 2024? A: All applicable large emplo...

Amwins Connect - January 2024 Question of the Month

Amwins Connect January 2024 QOTM – Providing 1095 Statements Electronically to Employees Question: I am an ALE (applicable large employer). Am I able to distribute the 1095-C statements to my emplo...

Updated Marketplace Notice Posted on the Department of Labor Website

Updated Marketplace Notice Posted on the DOL Website The notice, which provides information about coverage options and premium tax credits available through the Marketplace, has been updated to pro...

Gender Identity Nondiscrimination Considerations

Gender Identity Nondiscrimination Considerations January 2024 Coverage for gender-related treatment and services is an evolving issue. Over the past decade, however, legislation, regulations, an...

State Laws Effective January 1, 2024 and Beyond

There are quite a few ‘State Laws’ that are effective January 1, 2024 or later in the year that may impact your clients benefits or business practices. Below is summary of some of the laws that were p...

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) the group health plan’s creditable...