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Important Reminder: Gag Clause Attestation Due 12/31/23

The Consolidated Appropriations Act of 2021 (the CAA) requires group health plans to attest compliance with the CAA’s gag clause prohibition on an annual basis. While the prohibition of gag clauses was effective December 27, 2020, the first annual attestation is due December 31, 2023. Group health plan sponsors should begin taking steps now to prepare.

Click here for our latest resource document regarding this requirement and various carrier / TPA approaches.

Also, here is a link to a video walkthrough of how to file the attestation for those plan sponsors who need to file on their behalf.
 
November Webinar Recording:
WEBINAR
Year-End Compliance and What to Expect in 2024
Tuesday, December 12, 2023
2PM EST

Attend this month's webinar to review 2023 employee benefits compliance requirements and learn about compliance challenges employers will face in 2024.

Gain insights into:
  • Reproductive healthcare and contraceptive coverage requirements
  • Prescription drug and healthcare reporting
  • Consolidated Appropriations Act components that may impact group health plans in 2024

Be able to answer these questions:
  • What are upcoming employer responsibilities for coverage transparency?
  • How may the COVID-19 Public Health Emergency and National Emergency impact group health plans in 2024?
  • What legislative and litigation issues may employers face in 2024?


Registration Code: UBA410EW
Earn Recertification Credits
This webinar has been submitted to the Human Resource Certification Institute and the Society for Human Resource Management to qualify for 1 recertification credit hour.
The use of the HRCI seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval. Kutak Rock is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP®.
IRS Releases 2024 Benefit Plan Limits

The IRS recently released the 2024 benefit plan limits based on the annual cost-of-living adjustments in the Internal Revenue Code. These limits take effect beginning January 1, 2024. Final limits for health FSAs and DCAPs are still pending. Employers should update their Summary Plan Descriptions and other materials highlighting the annual dollar limits and watch for future developments.

HHS Announces Civil Penalties for HIPAA, ACA, and MSP Violations
Read Time: 5 Minues

On October 6, 2023, the Department of Health and Human Services (HHS) released inflation-related penalty adjustments for violations of the Health Insurance Portability and Accountability Act (HIPAA), Affordable Care Act (ACA), and the Medicare Secondary Payer (MSP) rules... Keep Reading
New PCORI Fee Announced by IRS
Read Time: 7 Minutes

The Internal Revenue Service (IRS) recently released the adjusted Patient-Centered Outcomes Research Institute (PCORI) fee rate for policy and plan years ending on or after October 1, 2023, and before October 1, 2024...Keep Reading
Question of the Week

Q: What should we do when one of our designated paid holidays falls on a weekend when we aren’t open? Do we need to offer an alternative day off?

A: No, you don’t need to offer an alternative day off. There are no federal laws requiring private employers to provide paid time off for holidays.

However, there are potential benefits to offering an alternative day off.


Visit the Insights Blog for the latest employee benefit news, trend analysis, regulatory insight, HR tips and more!

Have a compliance question? We're here to help! Simply reply to this email or send a new email to info@bimgroup.us
 


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