At the end of 2024, President Biden signed the Paperwork Burden Reduction Act into law, which amended the Affordable Care Act to provide that employers are no longer required by default to deliver Forms 1095-C/1095-B to recipients if a series of criteria are satisfied. Instead, employers will be in compliance with the ACA’s furnishing requirement as long as they provide a “clear, conspicuous, and accessible notice” that recipients may request a copy of their Form 1095 and, upon receipt of request for a Form 1095, provide the statement to the recipient. 

When the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law in 2020, one of its provisions was to allow qualified high deductible health plans (HDHPs) to provide telehealth services with little or no cost-sharing without requiring participants to satisfy their deductible, and without jeopardizing participant eligibility to contribute to a health savings account (HSA). The Consolidated Appropriations Act, 2023 extended this relief through December 31, 2024. 

Prefer to listen instead of read? No problem! Listen to the blog post by clicking here.      When it comes to taking care of your team, providing a strong health insurance plan is one of the best ways to show you value their well-being. A well-designed plan can help you attract top talent, boost retention, and foster a healthier, more productive workforce. But with all the options, how do you know where to start?  Here’s a step-by-step guide to building an employee health insurance plan. 

The Departments of Labor, Health and Human Services, and the Treasury, along with the Office of Personnel Management (collectively, the Departments), recently released a set of FAQs that provide additional insight for employers on compliance with the Consolidated Appropriation Act of 2021’s (CAA, 21) gag clause prohibition and attestation requirements.

The new MHP rules are here, and they bring significant changes for health plan sponsors and administrators. This webinar will take you step-by-step through the key updates, breaking down what these changes mean for plan compliance, funding structures, and employee benefits strategy.