Nothing strikes fear into the hearts of employers like an audit notice from the Department of Labor (DOL). Would you be ready if the DOL came knocking at your door to audit your employee benefit plan?
The IRS recently raised the affordability threshold for the 2019 calendar year to 9.86% of household income from the 2018 threshold of 9.56%.This percentage also is used to determine the affordability of employer-sponsored coverage for applicable large employers (employers with 50 or more...
On June 19, 2018, the U.S. Department of Labor (DOL) issued a final rule to expand association health plans (AHPs). The new rule will make it easier for small businesses and self-employed workers to band together to purchase more affordable health care coverage.
Blue KC is beginning a Diabetes Prevention Program (DPP) as a free preventive health benefit to qualifying Blue KC members (except Medicare Advantage and JAA groups). The DPP is intended to reduce a participant’s risk of type 2 diabetes.
Blue KC will update its prescription drug plan designs for group members in Blue-Care® (HMO), BlueSelect Plus (PPO), Preferred-Care® (PPO) and Preferred-Care Blue® (PPO) plans, effective July 1, 2018.
Employers who are responsible for paying the annual Patient-Centered Outcomes Research Trust Fund fee should use the updated Form 720. The fee, a provision of the Affordable Care Act, funds the Patient-Centered Outcomes Research Institute (PCORI), which aims to help patients better understand...
Starting August 1, Blue Cross Blue Shield of Kansas City (Blue KC) will issue all monthly invoices using an electronic billing system. Invoices can be accessed and paid using electronic funds transfer (EFT) through BlueKC.com.
The IRS has announced the 2019 HSA maximum contribution limits detailed in the newly released Revenue Procedure 2018-30. HSA contribution and plan limits will increase to $3,500 for self-only coverage and $7,000 for family coverage. Changes to these limits will take effect January 2019.