It’s that time again; time to send a Medicare Part D notice of creditable coverage to your eligible employees letting them know whether or not the prescription drug coverage you offer them is creditable. All employers, regardless of size, who sponsor group health plans with prescription drug coverage must provide notification annually by October 15 […]
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Compliance Recap // June 2016
June was another quiet month for federal agencies in relation to employee benefits. A tri-agency proposed rule regarding expatriate health plans, excepted benefits, and essential health benefits was released. UBA Updates UBA’s Human Resources department released a checklist and advisor on new OSHA requirements: OSHA Reporting Changes: Employer Checklist OSHA’s Final Rule on Electronic Tracking […]
Read moreMarketplace Notices Are Coming by Laura Kerekes, SPHR, SHRM-SCP
Under the Affordable Care Act (ACA), each Health Insurance Exchange (Marketplace) must notify employers when they have an employee who has received a government subsidy to enroll in a health plan through the Marketplace. These notices will begin being sent to employers in the coming weeks and months, either individually or in batches. Because the […]
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