Tag Archives: Insurance
2022 Open Enrollment Checklist Presentation
To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2022. This presentation aims to help employers … Continue reading
New Laws Impacting Agents and Policy Issuance
Several new laws related to TWIA were passed by the Texas Legislature during this year’s regular legislative session. While most of them do not directly impact agents, we want you to have all of the information about how TWIA’s operations … Continue reading
Agencies Release First Rule on the No Surprises Act
On July 13, 2021, the DOL, HHS, and IRS released a joint Interim Final Rule implementing specified provisions of the No Surprises Act, a new law included within the Consolidated Appropriations Act, 2021. The No Surprises Act addresses, among other … Continue reading
New State Laws Affecting TWIA
New Laws Impacting Agents and Policy Issuance Policyholder Payment Grace Period: Before the legislative session, TWIA’s Board outlined several recommendations for the Texas Legislature on how to improve TWIA’s operations. House Bill 2920 is based on one of those recommendations … Continue reading
Benefits of Health Insurance
Provided to you by Hoffman Insurance Group, LLC This is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel for legal advice.
Memorial Day
We are happy to share a well put together video that displays such bravery and pride. We do not own the rights to this video. It is being shared from @military.videoz account on the user application TIKTOK. Provided to you … Continue reading
IRS Releases Updated Form 720 Used For PCORI Fee Payments
As we recently reported, on June 8, 2020, the IRS released the applicable PCORI fee for plan years ending between October 1, 2019 and September 30, 2020. As we indicated in that alert, an updated Form 720 had not yet … Continue reading
Agencies Extend Deadline to Pay COBRA Premiums
Extend Certain Other ERISA and Internal Revenue Code Deadlines Due to COVID-19 The impacts of the COVID-19 National Emergency, as declared by President Trump on March 13, 2020, have been vast. As a result, many employers and employees are struggling … Continue reading
Payment and Grace Period Flexibilities Announced
The Centers for Medicare & Medicaid Services (CMS) posted guidance on Payment and Grace Period Flexibilities for Issuers Offering Coverage on the Federally-facilitated Exchanges and State-based Exchanges on the Federal Platform. Under the newly released guidance, CMS announced that it … Continue reading
CMS Extends Transition Relief for Non-Compliant Plans through 2021
On January 31, 2020 the Centers for Medicare & Medicaid Services (CMS) announced a one-year extension to the transition policy (originally announced November 14, 2013 and extended six times since) for individual and small group health plans that allows issuers … Continue reading
