The U.S. inflation rate has increased by 8.3% over the last year, according to the Bureau of Labor Statistics (BLS). This has led to significant price increases across various consumer goods as well as employee benefits such as health insurance. In fact, one-third of...
The American Rescue Plan Act (ARPA), signed into law March 11, 2021, provides a 100 percent subsidy of premiums for employer-sponsored group health insurance continued under the Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA) and similar state...
A new final rule lets all employers help pay for employees’ individual health plans by offering health reimbursement arrangements (HRAs) to cover their workers’ policy premiums, if certain conditions are met. Currently, many employers are prohibited from...
Policies Renewed Under Extended Non-Enforcement Policy Must Comply by January 1, 2021 A previous extension of limited non-enforcement policy of ACA which allows health insurance issuers, at their option, to continue group coverage that would otherwise be terminated or...
A new proposed rule would permit all employers to offer health reimbursement arrangements (HRAs) to reimburse employees’ individual health insurance policy premiums if certain conditions are met. Currently, many employers are prohibited from offering such HRAs....