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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

In addition, new rulemaking is likely to be introduced in 2022 that will affect health plans, including non-discrimination rules for wellness plans and new rules governing what must be included on insurance plan ID cards. The CAA created a number of new requirements that affect health insurance and coverage. 1, 2022.

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Your Staff Are Susceptible to Medical Identity Theft

InterWest Insurance Services

Medical-related identity theft accounted for 43% of all identity theft in the United States in 2020, according to the Identity Theft Resource Center. And the majority of documents criminals steal are the same ones your employees receive from their group health insurers. This includes: Health insurance enrollment forms.

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Time to Comply with Health Plan Transparency Rules

InterWest Insurance Services

While health plans will be required to post this information, employers who sponsor their group health insurance for their employees will need to take steps to ensure that their plans comply with the law, if they have not already done so.

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The PEO Industry in 2020 & Beyond: What The Next Decade Holds

Genesis HR Solutions

While we don’t have many hard numbers to look at from March 2020 forward, we can clearly see the toll a global pandemic has placed upon our economy, employers, and their employees. 4 PEO Trends To Watch In 2020 & Beyond. Managing insurance carrier relationships. The Current State of the PEO Industry.

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Employer Reporting on Prescription Drug Pricing Due By 12/27

Griffin Benefits

This reporting is due by December 27 of this year and must include information for the 2020 and 2021 calendar years, regardless of the plan or policy year. Finally, short-term limited duration insurance (which is typically an individual market product) is also exempt.

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January HR News Worth Review

Higginbotham

of Labor, Health and Human Services (HHS) and the Treasury issued FAQ guidance regarding the requirements for group health plans and health insurance issuers to cover over-the-counter (OTC) COVID-19 diagnostic tests. Employers with fully-insured plans should expect their insurance carrier to handle these requirements.

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Medical Plans Have PCORI Fee Extended 10 Years

Fringe Benefit Analysts

Due by July 31 of the calendar year immediately following the last day of the medical plan year, these fees are due by July 31, 2020. This line item is divided between “Specified health insurance policies” and “Applicable self-insured health plans.” This fee is currently $2.54

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