As this issue continues to evolve and with it being the only topic in the media, employees are bound to be discussing it and asking questions. UHC has released an FAQ regarding coverage and suggested steps for care if an employee thinks they were exposed. Additionally there is an emotional support line included in their FAQ that can be utilized by anyone seeking emotional or mental support in this uncertain time.
FAQs on Health Plan Options for COVID-19 Business Disruption from Medical Mutual released March 16, 2020. https://static.cdn.responsys.net/i5/responsysimages/content/medmutualoh/FAQS.pdf
The Centers for Medicare and Medicaid Services (CMS) requires plan sponsors that provide prescription drug coverage to furnish Part D-eligible individuals with a notice disclosing the creditable or non-creitable status of their coverage before October 15, 2019. Click here to access the Creditable Coverage Disclosure notice. Click here to access the Non-Creditable Coverage Disclosure notice.
Each year, employee benefit plan administrators are generally required to file a return/report regarding the plan’s financial condition, investments and operations. This annual reporting obligation is generally satisfied by filing the Form 5500 Annual Return/Report of Employee Benefit Plan.
Form 5500 must be filed annually for employer-sponsored welfare plans with 100 or more participants as of the beginning of the plan year.
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.
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…