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Gag Clause Prohibitions under the CAA

New compliance obligations that the Consolidated Appropriations Act of 2021 (CAA, 21) created for employer-sponsored plans can seem endless at times. One of the lesser-known parts of the CAA, 21 is the prohibition on “gag clauses” within provider agreements that restrict access to price and quality information. Under the CAA, 21, these gag clauses have… Read More

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NJ Temporary Workers Bill of Rights

New Jersey has passed a bill of rights for the state’s temporary workers requiring staffing agencies and their customers to provide several notifications to temporary workers. Under the law, a temporary worker is anyone who contracts employment with a temporary help service firm. It excludes agricultural crew leaders, secretaries, or administrative assistants. Still, it does… Read More

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UPDATED DEADLINE FOR THE END OF THE COVID-19 NATIONAL EMERGENCY

On April 10, 2023, President Biden signed a resolution ending the COVID-19 national emergency that had been in place since 2020. The Biden administration had previously announced a May 11, 2023 end date to both the national emergency and the public health emergency (PHE), but the signing of the bipartisan legislation terminates the national emergency as of April 10, 2023…. Read More

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End of Year Compliance Reminders!

Below is an overview of several items and deadlines plan sponsors should be mindful of as the year comes to a close: The Affordable Care Act’s Employer Mandate Premium Tax Credits and Cafeteria Plan Changes The Consolidated Appropriations Act (CAA) & COVID-19 Relief

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RxDC Reporting Deadline Extended + Other Limited Reporting Relief

On December 23, 2022, the Biden Administration issued Affordable Care Act FAQ #56, giving a little holiday gift to group health plans and issuers nationwide. The guidance establishes limited deadline and enforcement relief for the 2020 and 2021 Prescription Drug Data Collection (RxDC) submissions that were due by December 27, 2022, announcing a compliance safe harbor… Read More

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Medical Loss Ratio Rebates under the Affordable Care Act

Over the next month, health insurance carriers will distribute approximately $1B in medical loss ratio (MLR) rebates from 2021 to individual and group health insurance consumers.  The following provides an overview of a employer plan sponsor’s obligation for handling these MLR rebates. The MLR is the percentage of premium dollars received by a health insurance… Read More

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2023 Health Savings Account (HSA) and High-Deductible Health Plan (HDHP) Limits Announced

The Internal Revenue Service (IRS) has announced the inflation-adjusted 2023 minimum deductibles, out-of-pocket maximums, and contribution limits for heath savings accounts (HSAs) and qualified high-deductible health plans (HDHPs). Self-only coverage refers to plans for one individual, while family coverage refers to plans for two or more individuals. The out-of-pocket maximum includes copayments, deductibles, and coinsurance… Read More

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Important July 1 Transparency Deadline for Insurers and Group Health Plan Sponsors

A federal health insurance coverage price transparency rule takes effect on July 1, 2022, for all health insurance policies renewed between January 1, 2022, and July 1, 2022. For all other plans, the requirement will take effect upon renewal in 2022. The new rule applies to health insurance carriers and employers that offer group coverage… Read More

Starting this month: employers w/15 or more employees must provide pregnancy-related accommodations under the federal Pregnant Workers Fairness Act. This law expands obligations required by the Americans w/Disabilities Act. Clients: login to learn more: https://t.co/I0mjxmBwnb https://t.co/gfqaqP1mnl princetonhrs photo
The IRS has released updated limits to the annual 2024 contributions for HSAs to $4,150 (from $3,850 in 2023) for self-only coverage, and to $8,300 (from $7750) for family coverage. Catch-up contributions (for age 55+) will remain at $1000:

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Join us 5/23/23 @ 1:00 pm for a walk-through the Mineral HR Platform to learn how to consult our HR Experts, create an Employee Handbook that's never out-of-date, assign training to employees from 100s of interactive courses, and navigate HR compliance: https://t.co/QGt1SshXnJ https://t.co/3dkTpPnYl7 princetonhrs photo
Principal enrollees: paper ID cards issued after May 15, 2023 will not show dependent name(s). This information can be found on the ID card shown on the member view in their account on https://t.co/ZM5XmAY4ei or on the Principal mobile smart app:
Principal is hosting a webinar for employers on 4/20 entitled: How inflation and a potential recession may affect your business: https://t.co/wByOhnDDlO
The US DOL has released updated FAQs in on the Families First Coronavirus Response Act, Coronavirus Aid, Relief, and Economic Security (CARES) Act, and HIPAA Implementation in conjunction with the end of the National Emergency set for 5/11/23: https://t.co/fSvA7zkzs3