News
News
‘Grandmothered’ Plans Receive Extension
On February 29th, the Centers for Medicare & Medicaid Services (CMS) issued the final Department of Health & Human Services (HHS) Notice of Benefit and Payment Parameters for the 2017 coverage year and the final Letter to Issuers. In the final 2017 Notice of Benefit and Payment Parameters, CMS announced that in states where “grandmothered” or “transitional” plans are still allowed, states and issuers will be able to continue to renew them at their option as long as these policies end by December 31, 2017. Previous guidance required these policies to terminate by October 1, 2017.
Carrier Corner: Winter 2016
Carrier Corner: Winter 2016 TN
IRS Extends Information Reporting Due Dates
The Internal Revenue Service (IRS) announced extended deadlines for 2015 Minimum Essential Coverage and Large Employer Shared Responsibility reporting required to be completed in early 2016.
IRS Releases Notice 2015-87
The IRS notice addresses various issues that have arisen under the Affordable Care Act (ACA) with respect to employer-sponsored coverage, focusing particularly on account-based employee benefits such as section 125 cafeteria plans and health reimbursement arrangements, reporting and defining hours of service. In addition, the IRS provided guidance regarding COBRA coverage and Health FSA carryovers.
Wellness Program Success
Whether you are thinking about implementing a wellness program or have had one up and running for years, you must build both strategy and coordinated efforts to empower employees to take control of their own well-being.