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Five tools every insurance agent should have

PeopleKeep

With thousands of Americans looking to agents and brokers for help navigating the confusing world of health insurance, qualified insurance agents are in high demand in the U.S.

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September HR News Worth Review

Higginbotham

The negotiations will take effect in 2026 for 10 drugs covered by Medicare, increasing to 20 drugs in 2029. The law also implements a three-year extension on increased health insurance subsidies for coverage purchased through an Exchange.

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June HR Update

Higginbotham

P CORI Fees Due July 31, 2023 The Affordable Care Act (ACA) requires health insurance issuers and self-insured plan sponsors to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). As a result, these fees will continue to apply for the 2020-2029 fiscal years. February 2022 July 31, 2023 $2.79

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June HR News Worth Review

Higginbotham

As we have been discussing since last year through multiple webinars and compliance updates, the Transparency in Coverage Final Rules (TiC Final Rules) require group health plans and health insurance issuers to disclose on a public website detailed pricing information in three separate machine-readable files (MRFs).

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2020 PCORI Fee Reminder

AssuredPartners

Insurers and Employers (with HRAs or any other self-funded plans) will continue to be responsible for PCORI fees until 2029 or 2030 depending upon the end date of their plan year.nFrom an applicability standpoint not much has changed—and, fully-insured health plans are reminded that they are still not responsible for paying PCORI.

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Medical Plans Have PCORI Fee Extended 10 Years

Fringe Benefit Analysts

At the end of 2019, Congress reauthorized the annual payment of the PCORI fee until 2029. The instructions with respect to PCORTF are contained on pages 8 and 9 of the Instructions for Form 720 Part II (the first portion of the instructions apply to health insurance policies, as opposed to self-funded health plans).

Medical 52
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2019 Year End Round Up: ACA Changes – The Good, the Bad and the Ugly

AssuredPartners

The Appropriations Act extends the PCORI fee for another 10 years, extending the financial and administrative burden on insurers and employers. Actuarial analyses have found that the tax added to the cost of coverage purchased in all market segments, including individual, large and small employers.

Taxes 40