by Birch | Jan 3, 2023 | Uncategorized
The Department of Health and Human Services has announced the new out-of-pocket (OOP) limits that will apply to group and individual health plans during the 2024 plan year. To comply with the ACA, non-grandfathered health plans cannot require a participant to pay more...
by Birch | Jan 3, 2023 | Uncategorized
On December 23, 2022, the Consolidated Appropriations Act, 2023 (CAA23) was signed into law. While this legislation does not include as many health provisions as the CAA of 2021, it does include the anticipated relief on telehealth coverage offered through qualified...
by Birch | Dec 12, 2022 | Uncategorized
Last year, nearly 60% of U.S. employees admitted to struggling with work-related stress. Currently, prescription drug utilization for behavioral health issues is at an all-time high, indicating that many Americans in today’s workforce are seeking treatment for...
by Birch | Nov 7, 2022 | Uncategorized
The “Employee Commuter Benefit Transit Ordinance” is a new law mandating that employers with 50 or more employees working in Philadelphia must offer employees a pre-tax commuter benefit by December 31, 2022. Read our full compliance alert for...
by Birch | Oct 17, 2022 | Uncategorized
The Biden Administration issued a final regulation and a new IRS notice on October 11, 2022, which eliminate the Affordable Care Act’s (ACA) “family glitch” beginning on January 1, 2023. The “glitch” refers to the fact that the ACA’s current affordability standard is...
by Birch | Sep 28, 2022 | Uncategorized
The October 14, 2022 deadline by which plan sponsors that offer prescription drug coverage to provide notices of creditable or non-creditable coverage to Medicare-eligible individuals is fast approaching. Coverage that is deemed creditable is expected to cover, on...
