-
August HCR Update
Posted on: August 23, 2016Categories: HR & ComplianceNews & EventsMedicare Part D Notices are Due by Oct. 14, 2016 Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health plan’s prescription drug coverage is creditable. Plan sponsors must provide the annual disclosure notice to Medicare-eligible individuals before Oct. 15, 2016—the start date of the annual enrollment period for Medicare Part D. CMS has ...
-
July HCR Newsletter
Posted on: July 19, 2016Categories: HR & Compliance DOL Increases Penalties for Health Plan Violations On July 1, 2016, the Department of Labor (DOL) issued an interim final rule that increases the civil penalty amounts that may be imposed under various federal laws, including the Employee Retirement Income Security Act (ERISA). The interim final rule increases the civil penalty amounts associated with: Failing to file an annual Form 5500 (as applicable); Failing to provide the annual notice regarding premium assistance under the Childrenâ ...
-
June Compliance Newsletter
Posted on: June 20, 2016Categories: HR & ComplianceNews & EventsOn May 16, 2016, the U.S. Supreme Court sent seven related cases challenging the Affordable Care Act’s (ACA) contraceptive coverage mandate back to the lower courts to be reconsidered. In these cases, nonprofit religious employers challenged the self-certification requirement under the accommodations approach, arguing that it infringes upon their religious liberty. Following oral arguments, both the challengers and the federal government agreed that there could be a solution that would satisf ...