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Pharmacy Benefit Managers: The Middleman of Healthcare
Pharmacy Benefit Managers (“PBMs”) influence drug pricing and access, but their opaque practices raise concerns about transparency and competition.
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Understanding Maine’s Paid Family and Medical Leave Program
Maine has finalized its Paid Family and Medical Leave rules, requiring employers to prepare for new payroll taxes starting in 2025.
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DOL Guidance Clarifies Gag Clause Prohibition Attestation
The Department of Labor’s new guidance on the Gag Clause Prohibition clarifies that no agreements can restrict plan sponsors or their business associates from accessing critical health claims data, ensuring greater transparency and compliance.
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Creditable Coverage Disclosure to CMS for Calendar Year Plans due March 1, 2025
Group health plan sponsors offering prescription drug coverage must submit their annual creditable coverage disclosure to CMS by March 1, 2025, for calendar year plans to ensure compliance and avoid penalties.
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Illinois Employer Medical Coverage Model Disclosure Update
Illinois employers are required to provide employees with a written comparison of their health plan’s benefits. An updated model disclosure forms was recently released for 2025.
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New York Employers Need to Prepare for Paid Prenatal Leave Starting in 2025
Starting January 1, 2025, New York employers must provide 20 hours of paid prenatal leave, with clear guidelines outlined by the NYS Department of Labor.
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California Expands Disability and Paid Family Leave Benefits
SB 1090 increases SDI and PFL wage replacement to 70-90% and streamlines claim processing.
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What Employers Need to Know about Medical Loss Ratio Rebates in 2024
In 2024, employers must distribute MLR rebates tied to employee contributions. Learn about allocation, ERISA compliance, and tax implications.
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What Employers Need to Know about ACA Reporting
ACA reporting can be complex, with different forms required depending on your organization’s size and type of health coverage. In this post, we break down the essentials of Forms 1094-C, 1095-C, 1094-B, and 1095-B, highlight common mistakes, and explain penalties for non-compliance.