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November 11, 2020 Benefits Bulletin – Coverage of COVID-19 Vaccines: Agencies Issue Interim Final Regulations

November 11, 2020

  Coverage of COVID-19 Vaccines: Agencies Issue Interim Final Regulations November Benefits Bulletin   As part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed into law in March 2020, most group health plans are required to provide no-cost coverage for COVID-19 preventive services, including vaccinations. On November 6, the Internal Revenue …

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November 10, 2020 Benefits Brief – Open Enrollment Checklist

November 10, 2020

  Open Enrollment Checklist November 10, 2020   For employers operating their group health and welfare plans beginning on or after Jan. 1, 2021, now is the time of the year to prepare for open enrollment.  Typically, the focus is on evaluating the services and performance of vendors, renewing rates, and considering design changes.  In …

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November 5, 2020 Benefits Brief – 2020 ACA Reporting

November 5, 2020

  Benefits Brief: 2020 ACA Reporting November 5, 2020   The reporting requirements under the Affordable Care Act (ACA) have been in effect since 2015.  Many employers, mainly large employers, are already familiar with the rules.  However, some employers, particularly those that have grown in size, may lack clarity regarding their reporting obligations under the …

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October 12, 2020 Benefits Bulletin – Extended Deadline for ACA Reporting, Final Extension of Good Faith Reporting Relief

October 12, 2020

  Extended Deadline for ACA Reporting, Final Extension of Good Faith Reporting Relief October 12, 2020   On October 2, 2020, the IRS issued Notice 2020-76, which extends the deadline for certain Affordable Care Act (ACA) information reporting requirements for insurers, self-insured plan sponsors, and Applicable Large Employers.  Notably, the IRS has indicated that this …

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October 1, 2020 Benefits Brief: 2021 Open Enrollment Checklist

October 1, 2020

  Open Enrollment Checklist Thursday, October 1, 2020   For employers operating their group health and welfare plans beginning on or after Jan. 1, 2021, now is the time of the year to prepare for open enrollment.  Typically, the focus is on evaluating the services and performance of vendors, renewing rates, and considering design changes.  …

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September 2020 Benefits Brief – Medicare Part D Notice of Creditable (or Non-Creditable) Coverage

August 28, 2020

  Medicare Part D Notice of Creditable (or Non-Creditable) Coverage September 2020 Benefits Brief   Plan sponsors of group health plans providing prescription drug coverage to individuals who are eligible for Medicare Part D prescription drug coverage are required to satisfy certain notice requirements.   Background Individuals must enroll in Medicare Part D prescription drug …

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