The Department of the Treasury (Treasury), Department of Labor (DOL), and Department of Health and Human Services (HHS) (collectively, the Departments) released their final rules regarding health reimbursement arrangements (HRAs) and other account-based group health plans. The DOL also issued a news release, frequently asked questions, model notice, and model attestations. The final rules’ goal […]
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Compliance Recap – May 2019
May was a busy month in the employee benefits world. The Internal Revenue Service (IRS) released health savings account annual contribution limits and high deductible health plan minimum annual deductibles and annual out-of-pocket maximums for 2020. The Department of Labor (DOL) released questions and answers (Q&As) to clarify its enforcement of the association health plan […]
Read moreHealth Savings Accounts: What You Need to Know
A health savings account (HSA) is a tax-exempt trust or custodial account set up with a qualified HSA trustee (such as a bank or insurance company) that is used to pay or reimburse certain medical expenses. HSAs were first available as of January 1, 2004, and have grown greatly in popularity. An eligible individual (with […]
Read moreUpdate on Nondiscrimination Regulations Relating to Sex, Gender, Age, and More
On May 24, 2019, the Department of Health and Human Services’ Office for Civil Rights (OCR) released a proposed rule to revise its regulations under the Patient Protection and Affordable Care Act’s Section 1557. OCR also released a fact sheet and press release. The proposed rule would eliminate: Certain definitions, including the definition of “covered […]
Read moreEguide: Choosing the Right Benefit Advisor
A Benefit Broker Prepares Cost Estimates. A Benefit Advisor Performs Cost Management. Print Version Many employers look at employee benefits as a commodity, bidding out their plans annually — and who can blame them? Rising health care costs, coupled with a challenging economic environment, have forced many human resources decision-makers to focus heavily on cost. […]
Read moreEEOC May Soon Publish New Wellness Program Rules
Limbo No More? From our friends at Fisher Phillips… Pushing its deadline back for the second time, the Equal Employment Opportunity Commission (EEOC) recently announced that it plans to issue amended regulations related to incentivizing participation in employer-sponsored voluntary wellness programs under the Americans with Disabilities Act (ADA) and the Genetic Information Nondiscrimination Act (GINA) […]
Read moreWebinar: What Employers Need to Know about Leaves of Absence – An Overview (Part 1)
Tuesday, June 11, 2019 2:00 p.m. ET / 11:00 a.m. PT Register Now This webinar is Part One of our two-part series and will provide an overview of leaves of absence. We will: Describe the laws and regulations that govern leaves of absence, including the Family and Medical Leave Act (FMLA), the Uniformed Services […]
Read moreCompliance Recap – April 2019
April was a busy month in the employee benefits world. For a printable version of this blog, please click here. The Centers for Medicare & Medicare Services (CMS) issued its parameters for the defined standard Medicare Part D prescription drug benefit for 2020. In the court case challenging the Patient Protection and Affordable Care Act’s […]
Read moreIntroducing Best Doctors – Now Available to All KCIT Members!
All KCIT members now have access to the recently added Best Doctors solution! This is an extension of the HealthiestYou app already available to you free of charge as a member benefit. With Best Doctors you are able to have your medical case reviewed by the best specialists in the world without ever having to leave your home. With one central […]
Read moreLexington Clinic Partners with Berea College
LEXINGTON, Ky. – May 8, 2019 – Lexington Clinic is pleased to announce Berea College has signed a multi-year, exclusive population health and premier provider network agreement with Lexington Clinic. With this agreement, approximately 1,200-1,300 members will become covered and gain affordable access to all Lexington Clinic offices and associate practices under Lexington Clinic’s award-winning […]
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