Look Back Method and COVID-19

The Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer affordable, minimum value health coverage to their full-time employees or possibly pay a penalty. The evolving coronavirus crisis has raised questions on how employers should determine what a full-time employee is during periods of layoff, furlough, and COVID-19 …

Tips to Cope with Stress

During such uncertain times, it’s easy to feel stressed. The multitude of information constantly coming through our televisions, radios, phones, and computers can be extremely overwhelming and affect our emotional and physical equilibrium. With that said, it’s essential to be aware of what’s causing daily stressors, so you can take …

CMS & IRS Take Action

CMS Issues FAQ’s on Essential Health Benefit Coverage & the Coronavirus To remove barriers and financial disincentives to COVID-19 diagnosis and treatment, the Centers for Medicare & Medicaid Services (CMS) recently issued frequently asked questions (FAQ’s) on essential health benefit (EHB) coverage. EHB is a core set of items and …

Medicare Part D Disclosures Due By February 29

Group health plan sponsors who provide prescription drug coverage to individuals who are eligible for coverage under Medicare Part D, are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS). The plan sponsor must complete the online disclosure within 60 days after the …