Deerfield, IL., October 11, 2021 — Alera Group, a leading independent, national insurance and wealth management firm, today announced the appointment of Kathy Seabold as Senior Vice President of Marketing. In this new role reporting to Alera Group President, Jim...
There are four main regulations that employers should consider when they are ensuring their employee benefit plans are not discriminatory in design, participation, or in operation. Regulation: HIPAA General Rule: Prohibits group health plans and health insurers...
September 27, 2021 Many prescription drug manufacturers offer financial assistance (e.g., coupons, discounts, or vouchers) to patients to reduce their out-of-pocket costs, particularly for very expensive drugs. Many times, these “accumulator...
Any employer with Illinois employees, including those who are self-funded, should be aware of this new requirement that went into effect when Governor Pritzker signed the law on August 27, 2021. On August 27, 2021, Illinois Governor J.B. Pritzker signed the Consumer...
The Internal Revenue Service (IRS) has released Rev. Proc. 2021-36, which contains the inflation-adjusted amounts for 2022 used to determine whether employer-sponsored coverage is “affordable” for purposes of the Affordable Care Act’s (ACA) employer...
Alera Group, a top independent, national insurance and wealth management firm, announced today the acquisition of The Brokerage Commercial Insurance Services, Inc., a leading commercial insurance brokerage firm specializing in general liability, property,...
September 2021 is a busy month for compliance. Plan sponsors have obligations to meet this month, but we will focus on two in this quick alert. COBRA Subsidy Expiration Notice and Summary Annual Report Due September 15, 2021 The COBRA subsidy expiration notice...
Alera Group, a top independent, national insurance and wealth management firm, announced today the acquisition of Fendley Benefits, an employee benefits firm that focuses on cost management, compliance, HR support, technology and employee advocacy. “Fendley...
On September 9, 2021, President Biden announced that he ordered OSHA to develop emergency temporary standards (ETSs) that would require employers with 100 or more employees to mandate that employees either receive one of the three available COVID-19 vaccines or submit...
On September 9th, 2021, President Biden unveiled the White House’s “Path out of the Pandemic” which is also being referred to as the “six-pronged plan.” Certain prongs of the plan will impact employers in the United States. The COVID-19...
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