Applicable large employers (ALEs) are required to report information about the health coverage they offered, or did not offer to employees for 2023. ALEs are generally entities that employed 50 or more full-time and full-time-equivalent (FTE) employees in the prior...
The Gag Clause Attestation is a newly required process requiring health plans and employer plan sponsors to annually attest to the absence of a gag clause in their health plan. The Consolidated Appropriations Act of 2021 (CAA) prohibits employer sponsored group...
In a recent Notice the IRS announced another decreased percentage that will be used to determine whether employees’ share of their 2024 premiums are considered affordable for purposes of the employer mandate. Applicable Large Employers, for the 2024 plan year,...
The IRS announced the HSA limits for 2024. The new single maximum contribution limit is increasing to $4,150 and the family maximum is increasing to $8,300. The 2024 HSA contributions, maximum out of pocket limits, and minimum deductible limits for High Deductible...
On February 23, 2023, Humana announced that they will be exiting the Employer Group Medical business, which includes all fully insured and self-funded group plans including Go365. To read their full announcement go full announcement and FAQ. They have communicated...
During the COVID-19 Public Health Emergency (PHE) nearly all Medicaid, Children’s Health Insurance Program (CHIP), and Expansion members were able to stay enrolled in their current health coverage regardless of their eligibility. The PHE is now set to expire on May...
