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Broker Compensation Disclosure Requirements in CAA 2021
The Consolidated Appropriations Act, 2021 (CAA) signed into law by President Trump on Dec 27, 2020, contained many policy provisions … FULL STORY
BCBS Reinstates St Lukes Network Agreements without Contract Lapse
BCBS and CommonSpirit Health reached an agreement to reinstate CommonSpirit’s network agreements with no lapse in network participation. CommonSpirit is … FULL STORY
Group Health Plans – Determination of Medicare Part D Creditable Coverage Status
Employers are required to provide notices to Medicare-eligible individuals covered by their prescription drug plan about whether the plan is … FULL STORY
BCBS Transitions to New SBC Tool for 2021
BCBS is transitioning to a new platform to generate SBCs for group and individual market plans. The old tool will … FULL STORY
BCBS Providing Premium Credits on November 2020 Billing Statements
BCBS will issue premium credits to fully insured group customers on their November 2020 billing statements. The credits apply as … FULL STORY
Employer Reporting Requirements under the ACA
Update 10/2/2020: The IRS extended the deadline for providing the statements to employees/individuals in 2021. No extension for the IRS … FULL STORY
BCBS Launches Financial Relief Program for 51+ Insured Customers
BCBS of TX announced a COVID-19 Economic Response Program designed to help new and existing fully insured employer group customers … FULL STORY
NAHU: Emergency Extension of COBRA Election Timeframes
This article is adapted from this NAHU update.
Earlier this week, the DOL and IRS released an emergency final regulation regarding … FULL STORY
COVID-19 Carrier and Industry Resources
This article organizes and summarizes carrier and industry resources and carrier accommodations related to COVID-19. We are constantly updating this … FULL STORY
BCBS Offering First Year Renewal Rate Cap on New Mid-Market Business Dec 2019 – Mar 2020
BCBS will give a first year renewal rate cap of 9.5% to all new mid-market (51-150 segment) medical cases written … FULL STORY