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Employer Reporting on Prescription Drug Pricing Due By 12/27

Griffin Benefits

Additionally, account-based plans, like health reimbursement arrangements (HRAs) and health care flexible spending accounts (FSAs), are not required to report. Finally, short-term limited duration insurance (which is typically an individual market product) is also exempt.

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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

Allowing employees who had enrolled in one health plan option under their group health plan to change to another plan (such as switching insurance carriers or opting for a silver plan instead of a bronze plan).

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Don’t enroll in COBRA until you understand these 5 questions

Benefit Resource Inc.

In this scenario, you may want to spend the extra time to research alternative coverage options through an exchange or directly through an insurance carrier. COBRA coverage is available for more than just medical insurance. Any employer-sponsored benefit is potentially eligible for COBRA coverage.

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Baby Health Insurance Playbook: 5 Steps to Plan for a Newborn

Corporate Synergies

A flexible spending account (FSA), which can be used to cover childcare and medical costs tax-free. A health savings account (HSA), which can also be used to cover medical expenses tax-free. But increasingly, doctors offer additional genetic screening and diagnostic tests that may not be covered under insurance.

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Health Care Reform: 4 Ways to Find Health Insurance for Your Business

Insperity

Use a health insurance broker. Health insurance brokers specialize in finding insurance for companies. They will typically work with multiple insurance carriers, and provide you with informed recommendations on plans available from those carriers that best meet your needs.

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Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

Insurance types: Medical, dental, vision, disability, and life insurance plans. Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. How much of an employee’s salary is made up of benefits.

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

This includes self-funded and fully-insured plans, multi-employer plans, and governmental employer plans. Health care flexible spending accounts are not subject to the ARPA provisions. All group health plans that provide major medical benefits subject to federal COBRA rules are subject to the ARPA COBRA rules. Tax Credit.