January 3, 2023
Congress passed an omnibus government funding bill at the end of 2022 titled the Consolidated Appropriations Act of 2023 to avoid a shutdown. One of the provisions affects HSA telehealth services by again extending HSA relief to consumers with High Deductible Health Plans (HDHPs). Consumers can receive first-dollar telehealth and remote care services and not …
December 13, 2022
Late last year, the new Broker Compensation Disclosure law went into effect to add transparency to the broker/client relationship. It’s part of the 2021 Consolidated Appropriations Act, which included the No Surprises Act, among many other things. What is the Broker Compensation Disclosure? The CAA requires brokers and consultants who provide employee benefits services to disclose their …
November 28, 2022
California has enacted a number of new laws on employers and how they run their workplaces. Most of those listed below take effect on January 1, 2023. This list is by no means exhaustive, so check with your labor counsel for a full perspective on the ramifications for your business. If you have questions for …
December 8, 2021
The health insurance industry is typically behind the overall economy when it comes to innovation. This is a major problem since insurance premiums and costs are on an unsustainable trajectory. Employers often find themselves stuck in the cycle of increasing annual renewals with their only option being to spreadsheet other carriers and plans. But what …
December 1, 2021
As we hurtle towards 2022 and wrap up open enrollments for many of our groups, we’re seeing some continuing trends as well as new ones. With the end of the year upon us and the corresponding flood of lists out there, we figured “Why not add one more?” and put together our predictions for benefits …
October 20, 2021
Surprise medical bills have received a good amount of attention recently and for good reason. Sarah Kliff, a health policy reporter for the New York Times, has written extensively on this topic recently. Surprise medical bills cost Americans millions each year. After years of debate, Congress is now set to ban most of them. https://t.co/3eoeez9Ina …
April 7, 2021
Much has been made of the potential for price transparency tools in health care to solve the high costs of health care that affect Americans. Washington and state legislatures have demonstrated a belief in the potential of these tools and the industry expects many ripple effects from the price transparency rule that became effective the …
March 11, 2021
The $1.9 trillion coronavirus relief package, the American Rescue Plan Act of 2021 (H.R. 1319) was passed by the U.S. House of Representatives and signed into law this week. The bill is enormous and includes funding and provisions for many facets of the U.S. economy. Specifically, this post will cover the key provisions that support …
February 1, 2021
The Biden Administration has made healthcare a key pillar of it’s first 100 days in office. On January 28th, the president announced an Executive Order with significant impacts on health care so we wanted to put together a quick summary with what you need to know. Specifically, groups with association health plans will want to …
October 14, 2020
Small employers across the country consider self-funded health insurance as a way to provide affordable health benefits for their employees. Statistically, a large or mid-sized group is more likely to self-fund their medical benefits than a small employer because of the financial risks involved. This makes sense given that one large claim could represent a …
