Updated PCORI Released  The IRS announced the PCORI fee for some self-funded plans that end on or after Oct. 1, 2020, and before Oct. 1, 2021. The fee is $2.66 and is intended to help fund the Patient-Centered Outcomes Research Institute as a part of the Affordable Care Act. This fee will expire in 2029 […]

US Employers Expect Health Cost Increases in 2021 A study by The Business Group found that many large employers expect a health cost increase of 5.3% starting in 2021. Part of the expected increase is due in part to mental health projections which include increases in online resources, training, flexible work schedules, and more. Covid-19 […]

Deadlines for Covid-19 Related Claims Approaching A joint notice from the Department of Labor, the IRS, and the Department of the Treasury recently provided guidance to health plan administrators about upcoming deadlines and requirements under ERISA and the IRS.According to the joint notice, deadlines are from March 1, 2020 until 60 days after the announcement […]

COVID-19 Effects on TPAs Surprise Billing Ban May be Included in Latest Coronavirus Legislation As the government races to push out relief for Americans, and businesses, the newest stimulus package, may include a ban on surprise billing for those affected with COVID-19. For providers and hospitals who receive assistance from the government, lawmakers are considering […]