Employers Face New Fiduciary Obligations
The Consolidated Appropriations Act introduced a slew of changes and new rules for employers with group health plans for their employees. It is in no way an exaggeration to describe these changes as seismic, a major upheaval in the employee-benefits world.
3-minute read By Jason Andrade Few benefits professionals I’ve ever met grew up wanting to become employee health plan fiduciaries. Yet that’s exactly where they find themselves, thanks …
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4-minute read December 27, 2022. If you’re an employer with a health plan for your employees, your HR team should have already had that date circled in your …
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3-minute read The Consolidated Appropriations Act imposed a string of new requirements on group health plans, including new reporting requirements and limitations on surprise billing and balance billing. …
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The Consolidated Appropriations Act introduced seismic changes in the employee-benefits world, yet few employers have heard of it or have any idea how to comply. As an employer, …
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4-minute read More government audits and ramped up enforcement of the Mental Health Parity and Addiction Equity Act. That’s what we can expect from the U.S. Department of …
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4-minute read The new brokerage compensation transparency rules in the Consolidated Appropriations Act have gotten far less attention than they deserve. But the same can be said about …
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4-minute read At 5,593 pages, the Consolidated Appropriations Act is one of the longest pieces of legislation in U.S. history. Sprinkled across its many pages are several provisions …
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Opinion By Jason Andrade If you’ve taken the time to read and understand the Consolidated Appropriations Act of 2021, you will have learned three things: It’s time you …
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