Compliance News

Rx Reporting - Round Two! (Sorry, you can't ignore it this time.)

Rx Reporting – Round Two! (Sorry, you can’t ignore it this time.) February 15, 2023 We’ve made it through the first round of prescription drug reporting (a/k/a RxDC reporting) required by the Co...

Compliance Checklist for Short Plan Years

Compliance Checklist for Short Plan Years February 2023 When there is a need to discontinue benefit offerings, or a need to adjust the benefit plan year, employers may need to run a short plan y...

Employer Quick Hit - Use of the Look-Back Measurement Method

Use of the Look-Back Measurement Method For purposes of reporting full-time employee counts on the Form 1094-C, as well as reporting full-time versus part-time status by month on Form 1095-Cs, appl...

Reminder - Medicare Part D Creditable Coverage Due to CMS by March 1, 2023

Reminder - Medicare Part D Creditable Coverage Reporting Requirement to CMS is Due By March 1, 2023 for Calendar Year Plans In addition to the disclosure requirements to individuals, plan sponsors ...

White House Ending National & Public Pandemic Emergencies May 11, 2023

Biden Administration Announces Plans for End of Covid-19 National Emergency and Public Health Emergency On January 30, 2023, the Biden administration announced its plans to end the COVID-19 nationa...

Reminder for Our Summit Employees Benefit Webinar

Reminder of February 21st 2023 Summit Employee Benefits Webinar Invitation Amwins Connect Insurance Services is once again a proud sponsor of Summit Employee Benefits Online Education. This allows ...

Employer Reporting Quick Hit - Affordability Safe Harbors

Applicable large employers (50 or more FTEs) and employers offering self-funded group medical plans are in the midst of finalizing reporting via Forms 1094 and 1095 for the 2022 calendar year. The rep...

Employer Reporting Quick Hit - Reporting Offers of Coverage - 1A versus 1E

Applicable large employers (50 or more FTEs) and employers offering self-funded group medical plans are in the midst of finalizing reporting via Forms 1094 and 1095 for the 2022 calendar year. The rep...

Federal Public Health Emergency Extended to April 11, 2023

On January 11, 2023, the Public Health Emergency (PHE) was extended once again and is now effective through April 11, 2023. With the PHE still effective, group health plans must continue to provide...

Employer Reporting Quick Hit - Affordability Safe Harbors

Issue Date: January 2023 Applicable large employers (50 or more FTEs) and employers offering self-funded group medical plans are in the midst of finalizing reporting via Forms 1094 and 1095 for the...

Compliance Considerations When Moving from Fully-Insured to Self-Funded

Employers may choose self-funded group health plan coverage to obtain more flexibility with plan design and hopefully save some money. However, in doing so, there are additional responsibilities and c...

President Signs ‘Respect for Marriage Act’

President Signs ‘Respect for Marriage Act’ The President signed the Respect for Marriage Act (RFMA) on December 13, 2022. The Act defines marriage to include same-sex couples under a federal statu...