The Impacts of the 2024 Short Term Medical Rule Regulations in the health insurance industry are continually evolving. The Department of Health and Human Services (HHS) announced a new ruling on March 28, 2024 regarding short term medical plans that has
Department of Labor (DOL) January 2024 Ruling: Understanding its Implications on Independent Contractors and Industries Like Trucking Who Rely Largely on 1099 Owner Operators The U.S. Department of Labor's (DOL) published a final rule, Employee or Independent Contractor Classification, on January
Avoiding the Large Employer A and B Healthcare Tax Penalties For large and small employer groups, understanding the tax implications of the Affordable Care Act (ACA) and ensuring compliance with ACA regulations is crucial. The ACA imposes tax penalties on employers
Are No Lifetime or Annual Limits Required for ACA Compliance in individual, employer or association health plans? Remaining ACA compliant is crucial for individual, employer group health plans and association health plans. When it comes to complying with the Affordable Care
Healthcare Laws Regarding Large Employer Groups: A Review of the Rules and the Potential Penalties The Internal Revenue Service (IRS) and Department of Labor (DOL) laws establish guidelines for large employer groups regarding healthcare. Employers with 50 or more full-time employees
Employer or association health plans must ensure compliance with the Mental Health Parity and Addiction Equity Act (MHPAEA) to provide equitable coverage for mental health and substance use disorders. This rule requires that health plans offer mental health and substance use
Ensuring compliance with the non-discrimination rules set forth by the Affordable Care Act (ACA) is crucial for employer or association health plans to maintain their ACA compliance. These rules are designed to prevent discrimination in group health plans based on factors
Employer or association health plans must adhere to the Reporting and Disclosure Requirements under the Employee Retirement Income Security Act (ERISA) to ensure compliance with the Affordable Care Act (ACA). These requirements aim to provide transparency and protect the interests of
Employer or association health plans have a critical responsibility to meet the fiduciary responsibilities outlined under the Employee Retirement Income Security Act (ERISA). These responsibilities are designed to protect the interests of plan participants and ensure the proper management of group
Under the Employee Retirement Income Security Act (ERISA), employer-sponsored group health plans are subject to various regulations and compliance criteria. These regulations ensure that employers offer comprehensive and compliant health plans for their employees (or employer members in the case of
