Category: Legislative and Regulatory

Weighing Coverage Options When You Lose Your Job

July 23rd, 2020

“COBRA continuation doesn’t apply to employees who work for a company with fewer than 20 employees (although some states have passed similar continuation programs to cover workers at small companies). And because COBRA provides continuation of the group plan, if the group plan is terminated (for example, the company goes out of business), there is.. Read more

Time to Decouple Eligibility from HSA-qualified Coverage

May 27th, 2020

“[M]ost employees face financial responsibility far greater than the statutory minimum annual deductible of $1,400 for an HSA-qualified plan, but another part of the plan design (perhaps copays for office visits and prescription drugs) disqualifies them from opening and funding a Health Savings Account. This bill, if passed, would extend the benefits of this financial.. Read more

An Update on ICHRAs

April 2nd, 2020

“Large employers (51 or more employees) who want to transition employees from group to nongroup coverage are discouraged to find that the nongroup plan designs are far less attractive than what they can purchase as a large group.” William G. (Bill) Stuart Director of Strategy and Compliance April 2, 2020 Last summer, the Trump Administration.. Read more

Health Savings Accounts and Chronic Conditions

March 5th, 2020

“Employers with a particular high-cost claims category among its employee population – perhaps behavioral health, substance abuse, lower-back ailments or repetitive-motion injuries – could work with their insurer to remove cost barriers for treatment without disqualifying employees from making or receiving Health Savings Account contributions.” William G. (Bill) Stuart Director of Strategy and Compliance March.. Read more

Why the Cadillac Tax Had to Go

January 23rd, 2020

“It defies logic to argue that employee salary deferrals – compensation that employees choose to take in the form of tax-advantaged funds to reimburse their personal financial responsibility for care – fall within any logical definition of premium.” William G. (Bill) Stuart Director of Strategy and Compliance January 23, 2020 The budget deal to which.. Read more

Capital Update

November 26th, 2019

“My favorite lobbyist is fond of comparing legislation to a train. With any legislative effort, he wonders: Where is the train going? How powerful is the engine? How many cars can it pull? In other words, it’s often not the merits of a piece of legislation, but rather how to attach it to a relevant.. Read more

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