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. Employers that sponsor self-insured group health plans,...
Alera Group, a top independent, national insurance and wealth management firm, today announced the acquisition of Bell Insurance, Inc., a full-service independent insurance agency servicing more than 7,000 individuals and families as well as more than 1,500...
This alert was last updated on May 12, 2021. Dowload this alert. Employers that sponsor group health plans have many regulations to consider in their plan design choices, including nondiscrimination regulations. One of the newest sources of nondiscrimination...
This alert was last updated on May 12, 2021. Download this alert. All group health plan sponsors of both fully-insured and self-funded plans must consider the requirements of the Mental Health Parity and Addiction Equity Act and the Patient Protection and...
In Rev. Proc. 2021-25, the IRS released the inflation adjusted amounts for 2022 relevant to Health Savings Accounts (HSAs) and high deductible health plans (HDHPs). The table below summarizes those adjustments and other applicable limits. 2022 2021 Change...
Alera Group, a top independent, national insurance and wealth management firm, has appointed Whitney Floyd as Vice President of Sales, Northeast. Reporting to Vice President of Sales Development, Jim Wochele, Floyd will lead all sales initiatives in the Northeast...
As part of the American Rescue Plan Act of 2021 (ARPA), employers now have some work to do as it pertains to COBRA and the new subsidies under the ARPA. ARPA created a COBRA subsidy from April 1 of 2021 to September 30 of 2021, paid by the employer or carrier, for...
On April 7, 2021, the U.S. Department of Labor (DOL) released a link to its webpage dedicated to the COBRA premium assistance authorized under the American Rescue Plan Act, 2021 (ARPA), the third COVID-19 stimulus bill. The webpage includes model notices,...
The United States Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) enables qualified beneficiaries who lose health benefits due to a qualifying event to continue group health benefits. The American Rescue Plan Act of 2021 (ARPA) provides for a 100% COBRA...
Congress has passed, and President Biden has signed, the American Rescue Plan Act, 2021 (ARPA), the third COVID-19 stimulus bill. This new $1.9 trillion stimulus package includes several health and welfare benefits-related provisions relevant to employers and...
