Learn more about the Employee Benefit Plan industry, news, updates, issues, and other topics related to group insurance plans.

September 28, 2023

DOL Releases Final Rule to Update the Davis Bacon and Related Acts

Employers subject to the DBRA and the SCA should review their current fringe benefit administration to ensure that all fringe benefit payments have been properly annualized. Any unfunded benefit plans that covered employers are crediting against their fringe benefit obligations should be submitted to the DOL for approval.
September 28, 2023

Another Successful Challenge to No Surprises Act IDR Process

In a recent decision, Texas Medical Association v. U.S. Department of Health and Human Services (“HHS”), a U.S. district court in Texas vacated portions of the regulations implementing the federal independent dispute resolution (“IDR”) process under the No Surprises Act (“NSA”).
September 21, 2023

Medicare Part D Notification Requirements

Medicare Part D Notification Requirements Employers that provide prescription drug benefits are required to notify Medicare-eligible individuals annually as to whether the employer-provided benefit is creditable or non-creditable so that these individuals can decide whether or not to delay Part D enrollment. Also, the employer must annually notify CMS as to whether or not the employer plan is creditable.
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