ComplianceMnthlyRecap MH 5.16.22

Compliance Recap |  July 2023

Posted by: United Benefit Advisors (UBA)    Aug 2, 2023 8:34:40 AM

July saw two proposed rules, one focusing on short-term, limited-duration health plans, and one addressing provider networks and data collection for the Mental Health Parity and Addiction Equity Act (MHPAEA). The PCORI fee was due on July 31 for plan sponsors of self-insured groups and HRAs. President Biden encourages group health plan sponsors to extend the open enrollment period for employees coming off Medicaid and CHIP.

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Compliance Recap |  June 2023

Posted by: United Benefit Advisors (UBA)    Jul 3, 2023 2:25:16 PM

June was preparation time for employers with self-funded plans and HRAs. The Patient-Centered Outcomes Research Institute (PCORI) fee will be due for those plans on July 31. Self-insured non-federal governmental health plans can no longer opt out of the MHPAEA, and COVID-19 Form I-9 flexibilities are ending.

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Compliance Recap |  May 2023

Posted by: United Benefit Advisors (UBA)    Jun 5, 2023 12:01:30 PM

May brought a reminder memo from the IRS on claims substantiation and payment of medical and dependent care expenses, and an update for the 2024 HDHPs, HSAs, and Excepted Benefit HRA limits. The Departments of Labor, Health and Human Services, and the Treasury issued an FAQ on the Braidwood decision, which concluded that the determination of certain preventive care requirements under the Affordable Care Act violated the Appointments Clause of the United States Constitution.

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Compliance Recap |  April 2023

Posted by: United Benefit Advisors (UBA)    May 1, 2023 3:13:30 PM

While the compliance focus for April continues to be on the Prescription Drug Data Collection (RxDC) of the Consolidated Appropriations Act, 2021, the Centers for Medicare and Medicaid Services (CMS) released a Fact Sheet announcing the 2024 benefit parameters for Medicare Part D.

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Compliance Recap |  March 2023

Posted by: United Benefit Advisors (UBA)    Apr 3, 2023 11:21:35 AM

After a slow start to the year in compliance, March ramped up with FAQs from the Department of Labor (DOL), the Department of Health and Human Services (HHS), and the Internal Revenue Service (IRS) (the “Agencies”) on the gag clause provision of the Consolidated Appropriations Act (CAA), including how to submit the required annual attestation. Additional FAQs were provided by the IRS on paying or reimbursing nutrition, wellness, and general health expenses from a health flexible spending arrangement (FSA), health reimbursement arrangement (HRA), or health savings account (HSA).

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Compliance Recap |  February 2023

Posted by: United Benefit Advisors (UBA)    Mar 1, 2023 4:10:50 PM

February saw the start of Affordable Care Act (ACA) reporting for health coverage provided in 2022. The ACA reporting deadlines range from February 28 to March 31, 2023, and the state deadlines range from January 31,2023 to April 30, 2023.

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Compliance Recap |  January 2023

Posted by: United Benefit Advisors (UBA)    Feb 3, 2023 4:00:50 PM

2023 began quietly as the dust settles around open enrollment and the plan changes that can come with it.

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Compliance Recap |  December 2022

Posted by: United Benefit Advisors (UBA)    Jan 5, 2023 11:19:34 AM

Stay one step ahead with an easy-to-understand summary of December legislation highlights.

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Compliance Recap |  November 2022

Posted by: United Benefit Advisors (UBA)    Dec 5, 2022 10:28:56 AM

In November, the IRS released revised guidance to address the so-called "family glitch," permitting employers to allow mid-year election changes when someone related to a plan participant is eligible to elect a qualified health plan on the Marketplace. This is also a good opportunity to review all of the change in status events that allow employees to make changes in a cafeteria plan.

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Compliance Recap |  October 2022

Posted by: United Benefit Advisors (UBA)    Oct 31, 2022 3:57:01 PM

Each year, just as the leaves turn to the fiery shades of autumn, the Internal Revenue Service (IRS) announces how much more “green” will be available during the coming year under various employee benefit programs.

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