Final Notice of Benefit and Payment Parameters for 2020

Recently, the Department of Health and Human Services (HHS) released its final Notice of Benefit and Payment Parameters for 2020. This proposed rule describes benefit and payment parameters under the Affordable Care Act (ACA) that would be applicable for the 2020 benefit year. Standards included in the rule relate to: Annual limitations on cost sharing … Continue reading Final Notice of Benefit and Payment Parameters for 2020

Susan Justice Earns Professional Recognition from Health Insurance Industry

FOR IMMEDIATE RELEASE                                                    CONTACT: Farren Baer Sr. Vice President of Education (202) 595-0796 or fbaer@nahu.org Washington, D.C. – Susan Justice President, Emery Benefit Solutions, Bloomfield Hills, MI recently received the Registered Employee Benefit Consultant® (REBC®) designation from The National Association of Health Underwriters (NAHU). NAHU views this designation as … Continue reading Susan Justice Earns Professional Recognition from Health Insurance Industry

Michigan Scales Back Paid Sick Leave Law

OVERVIEW On Dec. 14, 2018, Michigan substantially amended its Paid Medical Leave Act (Act), which requires employers to provide paid sick leave to eligible employees beginning in March 2019. Key changes to the Act include the following: The paid sick leave requirements only apply to employers with 50 or more employees (instead of all employers); … Continue reading Michigan Scales Back Paid Sick Leave Law

Options for HRAs Would Be Expanded Under Proposed Rule

On Oct. 23, 2018, the Departments of Labor, Health and Human Services, and the Treasury (Departments) issued a proposed rule that would expand the usability of health reimbursement arrangements (HRAs). Effective in 2020, the proposed rule would: Allow HRAs to be used to reimburse the cost of individual market premiums on a tax-preferred basis, subject … Continue reading Options for HRAs Would Be Expanded Under Proposed Rule

Did You Know?

The Tax Cuts and Jobs Act, which was signed into law last December, reduces the ACA’s individual shared responsibility (or individual mandate) penalty to zero, effective beginning in 2019. As a result, beginning in 2019, individuals will no longer be penalized for failing to obtain acceptable health insurance coverage. Despite the repeal of the individual … Continue reading Did You Know?