by US Rx Care | Sep 14, 2021 | Uncategorized
Regulations are slated to take effect over the next few years that will greatly increase the transparency requirements for group health plans. The regulations issued under the Trump administration will require health insurers in the individual and group health markets...
by US Rx Care | Sep 8, 2021 | Uncategorized
A temporary rule that allowed covered employees to make mid-year election changes to their health plans and revisit how much they set aside into their flexible spending accounts (FSAs) will sunset at the end of the year. The rules gave employers the option to allow...
by US Rx Care | Sep 1, 2021 | Uncategorized
The 100% COBRA health insurance subsidies for workers who lost their jobs during the COVID-19 pandemic are about to expire on Sept. 30, and that means employers who have former staff receiving those subsidies must notify them of their expiration. If you have former...
by US Rx Care | Aug 24, 2021 | Uncategorized
As the federal government continues rolling out new laws and regulations aimed at increasing price transparency in the health care industry, one group is fighting back: pharmacy benefit managers. The Pharmaceutical Care Management Association, a trade association for...
by US Rx Care | Aug 17, 2021 | Uncategorized
Despite a new law requiring hospitals to post detailed pricing information for their treatments and procedures online, fewer than 10% of U.S. adults are aware of the requirement. That’s a problem considering that a growing number of Americans have...
by US Rx Care | Aug 11, 2021 | Uncategorized
There are signs that the Internal Revenue Service is starting to step up its enforcement of the Affordable Care Act employer mandate. During the past six months, there’s been an uptick in the number of employers receiving initial notices stating they may be out...
by US Rx Care | Aug 3, 2021 | Uncategorized
The Centers for Medicare and Medicaid Service in late June released a series of new regulations targeted at banning surprise billing in most instances, taking aim at a scourge that ends up costing many covered individuals thousands of dollars even when they are...
by US Rx Care | Jul 27, 2021 | Uncategorized
The Consolidated Appropriations Act of 2021 requires agents, brokers and consultants providing health plan-related services to disclose the compensation they receive and the services they perform for that compensation. The rules apply to individual insurance...
by US Rx Care | Jul 13, 2021 | Uncategorized
As the labor market tightens and businesses struggle to attract new talent, many companies are starting to boost their employee benefit offerings, particularly voluntary benefits. But besides added benefit choices, what many employees want is relief from continually...
by US Rx Care | Jul 7, 2021 | Uncategorized
The IRS has set the maximum amounts employees can funnel into their health savings accounts and health reimbursement accounts (HRAs) for the 2022 policy year. The IRS updates these amounts every year to adjust for inflation in addition to minimum deductibles for...
