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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

31, 2021, and for plan years that start on or after Jan. Mid-year election changes — The Consolidated Appropriations Act of 2021 (CAA) and ensuing guidance from the IRS relaxed a number of rules that will come to an end for plans incepting on or after Jan. That comes to an end Dec. That’s a change from the prior threshold of 250.

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Employer Reporting on Prescription Drug Pricing Due By 12/27

Griffin Benefits

This reporting is due by December 27 of this year and must include information for the 2020 and 2021 calendar years, regardless of the plan or policy year. Additionally, account-based plans, like health reimbursement arrangements (HRAs) and health care flexible spending accounts (FSAs), are not required to report.

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February HR News Worth Review

Higginbotham

The FAQs also address how a plan’s or issuer’s coverage of OTC COVID-19 tests impacts health flexible spending arrangements (FSAs) and similar account-based plans. Most all insurance carriers are handling the coverage and availability requirements for their clients. 1, 2021, and before Oct. Employer Takeaway.

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2nd COVID-19 Relief Bill Includes Many Other Changes 2021 & 2022!

Fringe Benefit Analysts

The Consolidated Appropriations Act of 2021 (The Act) was signed into law on December 28th by President Trump. The Act allows companies to voluntarily continue with the EPSL, through March of 2021. Brokers like me get paid through commissions from insurance companies on the policies that we sell to members.

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (the “ARPA”) into law. The individual is a qualifying individual and already enrolled in COBRA coverage on April 1, 2021, or enrolls in COBRA coverage during the “special enrollment period” described below. Subsidized COBRA. Tax Credit.