by The Lawyers | Oct 22, 2022 | Compliance
Compliance Alert: Medical Loss Ratio Rebate Guidelines Many sponsors of fully insured health plans either already have or will soon receive checks from their insurance carriers, along with a notice informing them that the check is a medical loss ratio (MLR) rebate....
by The Lawyers | Oct 3, 2022 | Compliance, Uncategorized
Compliance Alert: 2023 Health FSA Inflation Adjustments On October 18, 2022, the Internal Revenue Service issued Revenue Procedure 2022-38 that sets forth various 2023 tax-related limits that have been adjusted for inflation. The table below identifies updates to the...
by The Lawyers | Sep 28, 2022 | Compliance, Dept of Labor, ERISA, Labor Law, Plan Design
Compliance Alert: Additional Guidance Issued on Surprise Billing Protections The Consolidated Appropriations Act of 2021 (CAA) introduced numerous protections against surprise billing for plan participants that impact group health plans, health insurance issuers, and...
by Bret Brummitt | Sep 10, 2022 | 30 for 30, ACA, Compliance, Dept of Labor, Employee Benefits
Now is the time to make sure your Insurance Contracts match your Employment Practices There are so many one-off agreements and handshake arrangements and special provisions granted to one employee or maybe a certain category of employees. Often when we review...
by Bret Brummitt | Sep 5, 2022 | 30 for 30, Compliance, Employee Benefits, Health Insurance, Plan Design
Tip # 28: Add in a high-impact plan with low admin cost….think FSA or HRA Employee Benefits are supposed to deliver value that an employee couldn’t easily re-create on their own. If you think in terms of only “products” that you can...
by Bret Brummitt | Aug 29, 2022 | Compliance, Dept of Labor, Employee Benefits, ERISA, Health Insurance, Plan Design
The FICA Reduction & Wellness Plan Scams are back again 1st a word from our Lawyers: Beware of FICA-Reduction Arrangements using Wellness Programs It has come to our attention that certain arrangements are being marketed to employers that are intended to...
