Kentucky Flooding Disaster Relief Resources - Bim Group

Recent Insights

December 7, 2022
News

Agencies Seek Public Comment on No Surprises Act Good Faith Estimate and Advanced Explanation of Benefits Provisions

READ TIME: 8 MINUTES Congress enacted the Consolidated Appropriations Act, 2021 (CAA), which includes the No Surprises Act (NSA), in December 2020. The NSA seeks to protect health care consumers against surprise billing and limits out-of-network cost sharing under many of the circumstances in which surprise bills typically arise. To help accomplish this goal, the […]
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December 7, 2022
News

November 2022 Compliance Recap

READ TIME: 10 MINUTES In November, the IRS released revised guidance to address the so-called “family glitch,” permitting employers to allow mid-year election changes when someone related to a plan participant is eligible to elect a qualified health plan on the Marketplace. This is also a good opportunity to review all of the change in […]
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December 5, 2022
Webinar

Webinar: Year-End Compliance Reminders and a Look Ahead to 2023

Tuesday, December 13, 2022 1 – 2PM CST Register Now Attend this month’s webinar to learn about upcoming employee benefits compliance challenges employers will face. Gain insights into 2023 and review final 2022 compliance requirements: Contraceptive coverage requirements and reproductive healthcare Prescription drug and healthcare reporting Critical adjusted benefit limits Be able to answer these […]
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December 5, 2022
News

IRS Revises Guidance to Allow Expanded Mid-Year Cafeteria Plan Election Changes

READ TIME: 3 MINUTES The IRS recently released revised guidance to permit employers to amend their cafeteria plans to allow mid-year election changes when an individual related to a plan participant is eligible to elect a qualified health plan on the Marketplace due to either a special enrollment period or during the Marketplaceā€™s annual open […]
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