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  • All
  • Employee Benefits
  • Individual and Family
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Medicare

Individual Coverage Health Reimbursement Arrangement (ICHRA) FAQs

1. What is an Individual Coverage Health Reimbursement Arrangement (ICHRA)?  An ICHRA allows employers to provide tax-free reimbursements to employees for insurance coverage they obtain …

Medicare

ICHRAs vs. 401(k) Plans

How are these plans similar?

Medicare

Coronavirus Impact to Health Plans

In just a very short period of time, the Coronavirus Disease (COVID-19) is impacting health plans and health care throughout the country. Here are some …

Medicare

CMS to Pilot Wellness Programs in Individual Market

The Centers for Medicare & Medicaid Services (CMS) recently announced plans to pilot healthcontingent wellness programs in the individual market, a practice that has been …

Medicare

2020 PCORI Story – The Final Chapter

The Affordable Care Act (ACA) created a research institute known as the Patient-Centered Outcomes Research Institute (PCORI). The goal of PCORI is to help patients and those who care for …

Medicare

Reminder: Medicare Part D Notices Must Be Distributed by October 14

Each year employers must provide a written notice to Medicare-eligible employees who are covered under their group health plan. The notice must include information about the creditable coverage status of the …

Medicare

Marketplace Plans to Receive Star Ratings in 2020

The Centers for Medicare & Medicaid Services (CMS) announced earlier this month that plans sold on the Health Insurance Marketplace (Marketplace) will receive quality ratings using a five-star system (with 5 stars …

Medicare

Combining HRAs and HSAs

It’s no surprise that more and more employers are offering qualified high deductible health plans (HDHPs) to their employees, and some employers are combining Health Reimbursement …

Medicare

Can the Employer Mandate Penalties be Waived or Reduced?

Senator Susan Collins (R-ME) submitted an inquiry to the Internal Revenue Service (IRS) earlier this year asking  two  very specific questions. She wanted to know if …

Medicare

2020 Employer Mandate Details

The Internal Revenue Service recently released Revenue Procedure 2019-29  which included details on the affordability percentage related to the Employer Shared Responsibility provisions of the Affordable Care Act (ACA), also known …

Medicare

5 Things to Know About the New ICHRA

The new Individual Coverage Health Reimbursement Arrangement (ICHRA) will become an option for employers to offer employees effective January 1, 2020. Here are 5 key things …

Medicare

New Definition of High Deductible Health Plans

President  Donald  Trump  issued  an  executive  order  last  month  aiming  to  improve  price  and  quality transparency  in  the  healthcare  industry.  Among  other  things,  the  executive  order  called  …