BRIGHT SOLUTIONS. PEOPLE FOCUSED.

Author Archives: admin

Benefits Buzz January 2022

Supreme Court will Review Federal Vaccine Mandates On Dec. 22, 2021, the U.S. Supreme Court announced that it will hear oral arguments regarding whether two federal vaccine requirements can be enforced while legal appeals are in process. On Jan. 7, … Continue reading

Benefits Buzz December 2021

New Rule Requires Reporting of Medical and Prescription Drug Costs On Nov. 17, 2021, federal agencies released an interim final rule requiring health plans and issuers to report information regarding the cost of prescription drugs and certain medical expenses. This … Continue reading

Benefits Buzz November 2021

FAQs Address COVID-19 Vaccine Coverage and Premium Discounts On Oct. 4, 2021, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury issued FAQs addressing rules regarding premium incentives for COVID-19 vaccines and rapid coverage of preventive … Continue reading

Benefits Buzz October 2021

Medicare Part D Notices Due Before Oct. 15, 2021 Each year, Medicare Part D requires group health plan sponsors to disclose whether the health plan’s prescription drug coverage is creditable to individuals eligible for Medicare Part D and to the … Continue reading

Benefits Buzz July 2020

IRS Announces HSA and HDHP Limits for 2021 The IRS recently released Revenue Procedure 2020-32 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2021. These limits vary based on whether an … Continue reading

Benefits Buzz June 2020

Updated Model COBRA Notices Available   The Department of Labor (DOL) recently issued new model notices for group health plan administrators to use to comply with COBRA notification requirements. Although plan administrators are not required to use the updated model … Continue reading

Benefits Buzz May 2020

IRS Allows HDHPs to Cover COVID-19 Costs The IRS recently issued Notice 2020-15 to advise that high deductible health plans (HDHPs) can pay for coronavirus disease 2019 (COVID-19) testing and treatment before plan deductibles have been met, without jeopardizing their … Continue reading

Benefits Buzz April 2020

U.S. Supreme Court Will Hear Challenge to ACA The U.S. Supreme Court recently agreed to hear a legal challenge to the Affordable Care Act (ACA). The case involved is Texas v. Azar, a lawsuit challenging the constitutionality of the ACA’s … Continue reading

Benefits Buzz February 2020

Cadillac Tax and Other Key ACA Taxes Repealed The federal spending bill signed into law at the end of 2019 repealed three taxes and fees under the Affordable Care Act (ACA): The Cadillac tax The medical devices excise tax The … Continue reading

Benefits Buzz January 2020

New Summary of Benefits and Coverage Template Will Be Required for 2021 Recently, the Departments of Labor (DOL) and Health and Human Services (HHS) issued an updated template and related materials for the summary of benefits and coverage (SBC). These … Continue reading

Plan Implementation

Securing the best insurance package for your business begins with planning. Analyzing all your risks is critical to successful implementation of your employer group benefits.

Data Analysis

Data analysis allows you to manage and reduce your claims activity. By analyzing your losses, we can help you develop cost containment strategies and employee communication campaigns.

Communications

Understanding the increased complexity of employee benefits is a challenge. Staying abreast of the issues you face and developing strategies to meet the constant demands of business can give you a competitive edge.