The Compliance Team has updated a previously published Advisor to reflect recent changes in regulations. The updated Advisor, Final 2020 Benefit Payment and Parameters Rule, is available on AdEase as an email and Microsoft Word document.
The Department of the Treasury, Department of Labor, and Department of Health and Human Services issued an FAQ regarding enforcement of the Final 2020 Benefit Payment and Parameters Rule. Under the FAQs, the Departments will not initiate an enforcement action if an issuer or group health plan excludes the value of drug manufacturers' coupons from the annual limitation on cost sharing until the final 2021 benefit payment and parameters rule is issued and effective.
The ACA Advisor titled Final 2020 Benefit Payment and Parameters Rule has been updated to reflect the changes.
Log in to AdEase from the Wisdom Network to download this updated Advisor.
Questions? Contact Karen Hsu at khsu@ubabenefits.com with compliance questions.
If you need help with AdEase, contact Meg Cipar at support@ubabenefits.com
