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Meeting Unique Business Insurance Needs
Securing the right insurance policies for your business goes beyond meeting legal requirements; it’s about anticipating standards and ensuring seamless operations. By having these policies in place, your business not only provides credibility but also aligns with contractual demands, showcasing competence and preparedness to enhance your business’s reputation and meet specific needs.
California Expands Fertility Coverage Requirement
California’s SB 729 mandates fertility coverage, including IVF, in large group health plans
IRS Expands Eligible Medical Expenses and Preventive Care Benefits
The IRS Notices 2024-71 and 2024-75 expand eligible expenses for FSAs, HRAs, HSAs, and HDHPs. Employers should update benefit plans.
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.
Massachusetts Employers: Don’t Forget the Annual HIRD Filing
Massachusetts employers with six or more employees are required to submit the annual Health Insurance Responsibility Disclosure (“HIRD”) form through the MassTaxConnect portal by December 15.
New HIPAA Rules Strengthen Reproductive Health Privacy
On April 26, 2024, the Department of Health and Human Services (HHS) released new HIPAA Privacy Rule regulations that add enhanced privacy protections for reproductive health information. The changes require covered entities, including self-insured health plans, to obtain a specific attestation before sharing Protected Health Information (“PHI”) related to reproductive health in certain cases. These regulations aim to restrict the use and disclosure of PHI for non-healthcare purposes, such as investigations or legal actions. Compliance deadlines are fast approaching, making it essential for organizations to review and update their HIPAA procedures accordingly.