Do you offer health coverage to your employees? Does your group health plan cover outpatient prescription drugs? If so, federal law requires you to complete an online disclosure form every year with information about your plan’s drug coverage. You have 60 days from the start of your health plan year to complete the form. So,
No matter what size your group is – a complete list of the requirements and deadlines that you need for your company!
Group health plan sponsors must provide the annual Medicare Part D creditable coverage disclosure notices to Medicare-eligible individuals before Oct. 15, 2018 – the start date of the annual enrollment period for Medicare Part D. Reach out to your Preferred Benefits representative if you need help or have questions about meeting your obligations.
May is Food Allergy Action Month – Find out about food allergy symptoms and the foods most likely to cause them, plus a delicious healthy recipe and more!
Group health plan sponsors that provide prescription drug coverage to individuals eligible for Medicare Part D must disclose to the Centers for Medicare & Medicaid Services (CMS) whether that coverage is “creditable” or “noncreditable.”
The disclosure obligation applies to all plan sponsors that provide prescription drug coverage, even those that do not offer prescription drug coverage to retirees!
The Affordable Care Act created reporting requirements under IRS Code Sections 6055 and 6056 that require certain employers to provide information to the IRS about their health plan coverage. These rules are still applicable under President Donald Trump and the deadline is coming soon. This Legal & Compliance Brief has all the information you need to know including who needs to file,
Following the changes made by the new tax reform law, the Tax Cuts and Jobs Act, enacted on Dec. 22, 2017, the IRS has released new tax tables. Employers should start using the new tables to determine employee withholding taxes beginning on Feb. 15, 2018. Clink on the link below to view the new tables.
Choosing the Emergency Room for common illnesses that could be treated just as well at Urgent Care could be costing you and your employees! Check out our infographic showing the differences in cost for some non-emergency conditions.
On May 5, 2017, the IRS released Revenue Procedure 2017-37 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2018.
The HSA contribution limits will increase effective January 1, 2018, while the HDHP limits will increase effective for plan years beginning on or after Jan.
Whether your group has 5 employees or 5000, our comprehensive chart will help your company stay in compliance with Federal Employment laws including the FLSA, OSHA, FMLA, COBRA and more…