A Message From ARC’s Director of Employee Benefits: What to Expect Around the 2024 January Renewal Cycle
While we’re doing all that we can to ensure this renewal season runs as smoothly as possible, we wanted to make you aware of the season we’re walking in now. Here are some things you need to know to ensure your enrollment goes smoothly this year.
Compliance Corner: PCORI Fees Due to IRS No Later Than July 31, 2023
Fees to fund the Patient-Centered Outcomes Research Institute (PCORI) are due from employers who sponsor certain self-insured health plans such as Level Funded and Health Reimbursement Arrangements (HRAs) that are not treated as excepted benefits. The filing is due to the IRS no later than July 31, 2023.
Patient Protections from Surprise Medical Bills in the “No Surprises Act”
There’s nothing worse than receiving an unexpected medical bill. It’s the worst kind of surprise. The “No Surprises Act” was enacted in December of 2020 to increase health care transparency and protect consumers from surprise medical bills.
The Importance of Engagement and Advocacy in Customer Service
At ARC Benefit Solutions, we believe that prime customer service is dependent on our engagement with our clients and our role as advocates.
What is an Employee Assistance Program (EAP)?
An EAP is an employer-sponsored program that offers services or referrals to help employees deal with personal problems. Traditionally, the focus was drug and alcohol abuse, but many employers have expanded programs to include a variety of issues.
Compliance Corner: Employer Filing for the RxDC Report Due on June 1, 2023
The RxDC Report is an annual filing required by the Consolidated Appropriations Act of 2021 and is due on June 1, 2023.
Here are Some Stress Management Activities You Can Try for National Stress Awareness Month
While some stress is unavoidable and necessary for avoiding potentially serious situations, a consistent increase of stress levels for longer than necessary can impact your health.
Compliance Corner: Is Your Plan Subject to COBRA Continuation of Coverage?
COBRA applies to group health plans maintained by employers that had at least 20 employees on more than 50 percent of its typical business days in the previous calendar year.
Reminder for Employers: Medicare Part D Disclosures Due by March 1 for Calendar Year Plans
Group health plan sponsors are required to complete an online disclosure form with CMS on an annual basis and at other select times, indicating whether the plan’s prescription drug coverage is creditable or non-creditable.
Compliance Corner: Notice Requirements and Why Employers Need a Premium Only Plan
In this month’s Compliance Corner, we’ll cover a document that employers are required to have in place when paying for employer-sponsored health coverage using pre-tax funds under Section 125 of the IRS Code: the Premium Only Plan (POP).
Employers: Here’s Your Yearly Reminder to Audit Your Invoices!
Now that the fourth quarter and the holidays are over, it’s time to set your goals for 2023, including cleaning up your monthly invoices from your insurance carrier to make sure you are not being overcharged.