Deerfield, IL (December 14, 2023) — Alera Group, a top independent national insurance and financial services firm, announced today the acquisition of Delaware-based CBM Insurance Agency (CBM). Established in 2008, CBM offers comprehensive solutions, including...
Agencies Provide Updated County Data for Culturally and Linguistically Appropriate Services and Guidance On November 28, 2023, the tri-agencies (DOL, IRS, and HHS) issued Part 63 of its FAQ series regarding implementation of the Affordable Care Act (ACA) and...
Prominent industry leader George Fraser and team join Scottsdale, Arizona office Deerfield, IL (December 12, 2023) — Alera Group, a top independent national insurance and financial services firm, announced today the acquisition of Fraser Group, a retirement...
On July 25, 2023, the agencies released an extensive proposed rule related to the Mental Health Parity and Addiction Equity Act (the “Proposed Rule”) as well as a Technical Release requesting comments on certain proposed data requirements for...
On November 9, 2023, the Internal Revenue Service (IRS) released Revenue Procedure 2023-34, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,200 for plan years beginning in 2024, an increase of $150 from 2023. ...
This alert is of interest to all employers that sponsor self-insured group health plans, including Health Reimbursement Arrangements (HRAs). Note that the PCORI fee does not apply to most health FSAs. The IRS has released Notice 2023-70, which sets the applicable...