Compliance ✔- PCORI 2020 Form 720 Available
Employers who sponsor self-insured health plans can access the updated IRS Form 720 for second quarter filing to report and pay the Patient-Centered Outcomes Research Institute (PCORI) fee. This submission is due by July 31, 2020 for plan years ending in 2019. As a...
Compliance ✔- PCORI Fee Due July 31
Employers who sponsor self-insured health plans must file IRS Form 720 and pay the Patient-Centered Outcomes Research Institute (PCORI) fee by July 31, 2020 for plan years ending in 2019. As you may recall, the PCORI fee was on track to sunset in 2019 with last...
Compliance ✔- Updated Model COBRA Notices Released
The DOL updated COBRA notices with details about the interaction of Medicare. Employers must include the new information on the General/Initial Notice and the Election Notice. The Election Notice must be written in a manner calculated to be understood by the average...
Compliance ✔- 2021 Limits: ACA OOP Max and HSA/HDHP
The Affordable Care Act (ACA) requires non-grandfathered plans to comply with an out-of-pocket maximum on essential health benefits (EHB) which limits the total amount a consumer is expected to spend on healthcare. The out-of-pocket maximum is updated annually based...