Creditable Coverage Disclosure Deadline and Requirements

The Centers for Medicare and Medicaid Services (CMS) requires employers that offer health plans covering outpatient prescription drugs to complete an online disclosure form 60 days from the start of each health plan year.   Creditable coverage means the group health plan’s prescription drug coverage is actuarially equivalent to Medicare’s Part D drug plans. In… Read More

You’re Invited To A Broker Learning Webinar: Treating Employees Differently

Together with our legal partner Thompson Hine we are offering a series of short webinars to address common questions that are asked by our broker partners. Below are details and registration for the first webinar in this series. Treating Employees Differently Date: Tuesday, February 4, 2020 Time: 10:00 AM to 10:30 AM Please register here by… Read More

Cybersecurity Update: Certification of Compliance Due April 15, 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

Federal Open Enrollment Reminder

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

2020 New York Paid Family Leave (PFL) Rate Announced

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