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DOL Updates Model Employer CHIP Notice Deadline for Employers to Receive MLR Rebates Is Approaching DOL Updates Model Employer CHIP Notice The U.S. Department of Labor (DOL) has released a new model employer Children’s Health Insurance Program (CHIP) notice with information that is current as…
5th Circuit Requires Health Plans to Continue Providing Free Preventive Care Draft Forms for 2024 ACA Reporting Released 5th Circuit Requires Health Plans to Continue Providing Free Preventive Care The 5th U.S. Circuit Court of Appeals recently ruled that a key component of the Affordable…
https://5209946.fs1.hubspotusercontent-na1.net/hubfs/5209946/HOLIDAY/HealthSure_July_4th.mp4 IRS FAQs on Educational Assistance Programs The Internal Revenue Service (IRS) has issued frequently asked questions (FAQs) that provide general information on educational assistance programs under Section 127 of the Internal Revenue Code (Code). Under a Section 127 educational assistance program, employers can provide…
HSA/HDHP Limits Will Increase for 2025 On May 9, 2024, the IRS released Revenue Procedure 2024-25 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2025. The IRS is required to publish these limits by June 1…
Prescription Drug Report Is Due by June 1, 2024 Group health plans must annually submit detailed information on prescription drug and health care spending to the federal government. This reporting is referred to as the “prescription drug data collection,” or the “RxDC report.” The next…
DOL Releases ERISA Enforcement Results for 2023 The U.S. Department of Labor (DOL) has released the results of its Employee Benefits Security Administration’s (EBSA) enforcement actions during fiscal year (FY) 2023. The DOL has broad authority to investigate or audit an employee benefit plan’s compliance…
Take the Community Hospital Insurance Coalition (CHIC) for example. With our expert support and management, more than 30 rural hospitals who have come together to own this medical stop-loss reinsurance company. They are paying less for their insurance, improving benefits program performance, and receiving their share of a significant annual surplus cash distribution (~$2.5 million since inception in 2018).