February saw a potential industry-changing lawsuit against Johnson & Johnson and its plan fiduciaries asserting a breach of fiduciary duties and mismanagement of Johnson & Johnson’s prescriptio...
https://blog.ubabenefits.com/compliance-resources/compliance-recap-feb-2024
January was a relatively quiet month on the employee benefits compliance front. The Wage and Hour Division of the Department of Labor (DOL) introduced a new rule laying out the guidelines employe...
https://blog.ubabenefits.com/compliance-resources/compliance-recap-jan-2024
December provided employers an opportunity to review year-end compliance to prepare for the new year. Employers confirmed that their worksite posters are appropriate for the type of business, num...
https://blog.ubabenefits.com/compliance-resources/compliance-recap-dec-2023
November brought an FAQ from the Departments of Labor, Health and Human Services, and the Treasury ensuring that SBCs and claims and appeals notices are available when more than 10 percent of the...
https://blog.ubabenefits.com/compliance-resources/compliance-recap-nov-2023
October saw the release of adjusted civil penalties for HIPAA violations, ACA requirements, and Medicare Secondary Payer rules. Health plan limits and maximums for 2024 including high deductible ...
https://blog.ubabenefits.com/compliance-resources/compliance-recap-oct-2023
In September, plan sponsors began sending out Medicare Part D Creditable Coverage notices, and both Oregon and Maine announced Paid Family and Medical Leave laws. Sponsors of group health plans b...
https://blog.ubabenefits.com/compliance-resources/compliance-recap-sep-2023
In August, the IRS announced a decrease in the ACA affordability percentage to 8.39%. Both Colorado and Illinois expanded their leave laws. The Department of Labor released its updated version of...
https://blog.ubabenefits.com/compliance-resources/compliance-recap-aug-2023
July saw two proposed rules, one focusing on short-term, limited-duration health plans, and one addressing provider networks and data collection for the Mental Health Parity and Addiction Equity ...
https://blog.ubabenefits.com/compliance-resources/compliance-recap-jul-2023
June was preparation time for employers with self-funded plans and HRAs. The Patient-Centered Outcomes Research Institute (PCORI) fee will be due for those plans on July 31. Self-insured non-fede...
https://blog.ubabenefits.com/compliance-resources/compliance-recap-jun-2023
May brought a reminder memo from the IRS on claims substantiation and payment of medical and dependent care expenses, and an update for the 2024 HDHPs, HSAs, and Excepted Benefit HRA limits. The ...
https://blog.ubabenefits.com/compliance-resources/compliance-recap-may-2023