Category Archives: Health Reform News

4 Key Trends Driving Employer Health Care Costs in 2024

Brought to you by: Hoffman Insurance Group, LLC Amid ongoing inflation pressures, employees and employers alike can expect their health care costs to increase in 2024. Global professional services firm Aon reported that health care costs for employers will grow … Continue reading

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The U.S. Food and Drug Administration (FDA) recently approved Zepbound, further expanding the market of government-approved weight loss medication. The new injectable drug, which is made by Eli Lilly and Company, is intended for use by adults with obesity or … Continue reading

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    HIGHLIGHTS The IRS has announced the affordability percentage that will apply under the ACA’s pay or play rules for plan years beginning in 2024. This percentage (8.39%) is a significant decrease to the affordability threshold. ALEs will need … Continue reading

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DOL Issues Guidance on Preventive Care Court Order

On March 30, 2023, the United States District Court for the Northern District of Texas issued an order in Braidwood Management  Inc. v. Becerra (“Braidwood”), vacating any and all actions taken by the DOL and other federal agencies (in the … Continue reading

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2020 HSA Contributions

IRS Releases 2020 HSA Contribution Limits and HDHP Deductible and Out-of-Pocket Limits In Rev. Proc. 2019-25, the IRS released the inflation adjusted amounts for 2020 relevant to HSAs and high deductible health plans (HDHPs). The table below summarizes those adjustments … Continue reading

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PCORI Fees Due By July 31, 2019

REMINDER: PCORI Fees Due By July 31, 2019 Employers that sponsor self-insured group health plans, including health reimbursement arrangements (HRAs) should keep in mind the upcoming July 31, 2019 deadline for paying fees that fund the Patient-Centered Outcomes Research Institute … Continue reading

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Client alert post

CMS Extends Transition Relief for Non-Compliant Plans through 2020 On March 25, 2019, the Centers for Medicare & Medicaid Services (CMS) announced a one-year extension to the transition policy (originally announced November 14, 2013 and extended five times since) for individual … Continue reading

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DOJ SUPPORTS FEDERAL COURT RULING INVALIDATING THE ACA OVERVIEW

DOJ SUPPORTS FEDERAL COURT RULING INVALIDATING THE ACA OVERVIEW   HIGHLIGHTS A federal judge ruled that the entire ACA is invalid due to the elimination of the individual mandate penalty. This ruling will likely be taken up by the Supreme … Continue reading

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HSA eligible expenses includible vs non-includible

You probably already know that can use your health savings account (HSA) to pay for specific expenses. However, there are rules as to what you can and cannot use your HSA to pay for. This distinction is referred to as … Continue reading

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Medicare Part D Disclosures due by March 1, 2019 for Calendar Year Plans

  OVERVIEW Group health plan sponsors are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS) on an annual basis and at other select times, indicating whether the plan’s prescription drug coverage is … Continue reading

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