Posted on January 7, 2020
All Covered Entities and licensed persons who are not fully exempt from the Regulation are required to submit a Certification of Compliance no later than April 15, 2020 (extended from February 15, 2020), attesting to their compliance for the 2019 calendar year. Note: Last year you were required to file two parts, a Notice of… Read More
Posted on October 22, 2019
Small Group Federal Open Enrollment Reminder 11/15/19 through 12/15/19 all carriers (NO EXCEPTIONS)* The Affordable Care Act (ACA) requires health insurers to offer a one-month Special Open Enrollment Period, where eligible small groups can enroll in coverage without having to meet standard employer-contribution and/or employee-participation ratios. The Special Open Enrollment Period allows eligible small groups… Read More
Posted on September 5, 2019
The Department of Financial Services (DFS) announced the NY PFL rate for 2020 as follows: The maximum contribution rate for PFL will be 0.27% of the employee’s gross annualized wages capped at the New York State Average Weekly Wage (NYSAWW) of $72,860.84 per year. This means the 2020 maximum annual contribution per employee for PFL… Read More
Posted on July 18, 2019
By Peter Sullivan, The Hill on 7/17/19 The House on Wednesday voted to repeal ObamaCare’s “Cadillac Tax” on high-cost health plans, removing a part of the health law opposed by many in both parties. The wide bipartisan vote of 419-6 illustrates how the tax is one of the few areas of ObamaCare that has opposition across… Read More
By Tami Luhby, CNN on 7/18/19 There’s not much about Obamacare that Democrats and Republicans agree on. But getting rid of the Cadillac tax is one of the rare points of unity. House lawmakers came together Wednesday to repeal the provision that levies a tax on high-cost health insurance plans by a vote of… Read More
NAHU Update 7/17/19 at 9:25 PM The House of Representatives voted 419-6 to pass H.R. 748, NAHU-supported legislation to fully repeal the ACA’s Cadillac/excise Tax. It will next be considered by the Senate, where a companion bill, S. 684, has 42 bipartisan co-sponsors. NAHU and our partners in the Alliance to Fight the 40 have long called… Read More
Posted on July 16, 2019
Email Sent: 6/15/19 New Opportunities Provided by the Final HRA Regulations A Webinar Presented by our Legal Partner, Thompson Hine LLP DATE: Wednesday, July 24 TIME: 12:00 to 1:00 PM Register Here The Trump Administration recently released the final rule on the expansion of Health Reimbursement Arrangements (HRA’s). This rule gives employers… Read More
Posted on June 12, 2019
Email Sent: 6/12/19 Below is a summary of PCORI fee requirements so you can advise your clients about this upcoming compliance deadline. What is the PCORI Fee? The Affordable Care Act (ACA) created the Patient-Centered Outcomes Research Institute to study clinical effectiveness and health outcomes. To finance the nonprofit institute’s work, a small annual fee… Read More
Posted on June 4, 2019
Email Sent: 6/3/19 Below is a recap of what’s changed and a link to download our 2019/2020 Contribution Limit flyer. Allowable HSA contributions will rise $50 for individual and $100 for family HDHP maximum out-of-pocket will rise $150 for individual and $300 for family ACA maximum out-of-pocket will rise $150 for individual and $300… Read More
Posted on July 28, 2017
Without Federal Government payments, insurers say premiums will be far higher, and companies may pull out of exchanges The Wall Street Journal By Anna Wilde Mathews July 28, 2017 Senate Republicans’ failure to pass their limited health bill is a relief for health insurers, but it leaves the companies struggling with increasingly urgent questions as they… Read More