Compliance News

RxDC Reporting is Due June 1, 2024

RxDC Reporting is due to CMS by June 1, 2024 2023 Prescription Drug Data reporting is due June 1, 2024. As of the publication of this article, reporting of Rx Data is due to CMS in a little over...

Employer COBRA Subsidies

Employer COBRA Subsidies Date Issued: April 2024 Background Employers may want to provide an employee with a COBRA subsidy for any number of reasons, whether it is to help meet their own affo...

Employer Compliance Tip - Are SSNs Required for Medical Plan Enrollment?

Employer Compliance Tip Are SSNs Required for Medical Plan Enrollment? There seems to be confusion about whether employees, spouses and dependents must provide a valid social security number (SS...

Amwins Connect - April 2024 Question of the Month

Amwins Connect – April 2024 Question of the Month Question An employer has offered, or wants to offer, to subsidize part or all of a qualified beneficiary’s COBRA premiums. Is that subsidy taxab...

Medicare Part D Creditable Coverage Disclosure to CMS

Medicare Part D Creditable Coverage Disclosure to CMS Background Each year, plan sponsors must disclose to the Centers for Medicare and Medicaid Services (CMS) their group health plan’s creditab...

Employer Compliance Tip - HIPAA Breach Notifications and Processes

Employer Compliance Tip HIPAA Breach Notifications and Processes There have been a couple of recent high profile cyberattacks and data breaches on health plan related companies, which means more...

RxDC Resources at Amwins Connect

RxDC Resources at Amwins Connect As we get closer to the deadline, you are probably receiving questions from your clients asking you what the carriers are doing or what are they not doing in order ...

Broker Compensation Disclosure Update

Broker Compensation Disclosure Updated March 2024 Overview The Consolidated Appropriations Act of 2021 (CAA) included a requirement that brokers and consultants supplying services to ERISA-c...

Employer Compliance Tip - Handling Level Funded Plan Surplus Returns

Employer Compliance Tip - Handling Level Funded Plan Surplus Returns March 2024 Question How would an employer handle surplus returns from a Level Funded plan? Answer It is recommend to...

Reimbursement of Nutrition, Wellness and General Health Expenses

Reimbursement of Nutrition, Wellness and General Health Expenses While reimbursement of new weight-loss drugs available solely by prescription are reimbursable on a tax-favored basis under an FSA, ...

Protection for Reproductive Health in Women

Protection for Reproductive Health in Women The Biden-Harris Administration announced an ongoing commitment to the protection of women's rights to reproductive health care. The focus is on educa...

Refresher - Determining COBRA Premiums for HRA Plans

Determining the COBRA Premium for an HRA March 2024 Setting the correct COBRA premium for a Health Reimbursement Arrangement (HRA) can be challenging. COBRA defines “applicable premium” as the ...