Employer group health plans must make an annual disclosure of the plan's prescription drug and healthcare spending to the Centers for Medicare & Medicaid Services (CMS). The disclosure, called the Prescription Drug Data...more
February 29 brings two annual deadlines for employers that sponsor a group health plan for their employees.
Medicare Part D—Creditable Coverage Disclosure to CMS -
An employer with a group health plan that provides...more
The end of 2023 brings important deadlines for employers that sponsor 401(k) plans, 403(b) plans, and group health plans....more
Does your company's health plan provide prescription drug coverage? If so, you have until October 15, 2023 to send a notice to individuals who are enrolled in Medicare Part A or Part B and are eligible for the company's...more
10/4/2023
/ Deadlines ,
Department of Labor (DOL) ,
Employer Group Health Plans ,
Medicare ,
Medicare Part A ,
Medicare Part B ,
Medicare Part D ,
Notice Requirements ,
Prescription Drugs ,
Required Forms ,
Time Extensions
By July 31, employers that sponsor self-funded medical plans must report and pay their PCORI fee. By July 31, employers that sponsor calendar-year employee benefit plans that are subject to ERISA must file a Form 5500 (unless...more
March 1 brings two annual deadlines for employers that sponsor a group health plan for their employees.
Medicare Part D—Creditable Coverage Disclosure to CMS -
An employer with a group health plan that provides...more
Earlier this week, President Biden announced his intent to end both the COVID-19 National Emergency and the COVID-19 Public Health Emergency (PHE) on May 11, 2023. Once these emergencies end, group health plans will shed some...more
Does your company's health plan provide prescription drug coverage? If so, you have until October 15, 2022 to send a notice to individuals who are enrolled in Medicare Part A or Part B and are eligible for the company's...more
9/28/2022
/ Benefit Plan Sponsors ,
Centers for Medicare & Medicaid Services (CMS) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Filing Deadlines ,
Health Insurance ,
Medicare ,
Medicare Part A ,
Medicare Part B ,
Notice Requirements ,
Prescription Drug Coverage ,
Prescription Drugs ,
Required Forms
On Monday, the government issued frequently asked questions (FAQs) requiring employer group health plans (Plans) and health insurance issuers to cover certain over-the-counter (OTC) COVID-19 tests at no cost to the...more
1/14/2022
/ Compensation & Benefits ,
Coronavirus/COVID-19 ,
Cost-Sharing ,
Employee Benefits ,
Employer Group Health Plans ,
Health Insurance ,
Healthcare ,
Infectious Diseases ,
Medical Reimbursement ,
New Regulations ,
Over The Counter Drugs (OTC) ,
Virus Testing ,
Workplace Safety