Bulletins

    Missouri minimum wage referendum passes

    Missouri voters approved Proposition A yesterday increasing the minimum wage January 1, 2025, from the current-day $12.30 an hour to $13.75. In January of 2026, the hourly required rate will reach $15. Once available, Bukaty Companies will issue the updated Missouri minimum wage employment poster.

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    Employers must follow guidelines when issuing MLR rebates

    Area insurers (carriers) are beginning to distribute 2023 plan year medical loss ratio (MLR) rebates. The Affordable Care Act requires insurers to meet MLR requirements each year. If an insurer doesn’t meet the minimum MLR (spend 80 to 85 percent of its premium dollars on health care or activities...

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    IRS announces 2023 HSA limits

    IRS-adjusted contribution limits for 2023 Health Savings Accounts (HSA) represent approximately a 5.5% increase over 2022 limits. Changes are effective January 1, 2023. HSAs are tax-exempt accounts that help people save money for eligible medical expenses. To qualify for an HSA, the policyholder...

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    IRS to lower 2022 ACA affordability rate

    The IRS recently issued Revenue Procedure 2021-36, lowering the affordability threshold for the 2022 calendar year to 9.61% of household income from the 2021 threshold of 9.83%. This percentage is used to determine an individual’s eligibility for a premium tax credit and the affordability of...

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    Blue KC members submit reimbursement form for OTC COVID-19 tests

    Blue Cross Blue Shield of Kansas City (Blue KC) members can be reimbursed for over-the-counter (OTC), FDA-approved COVID-19 tests by submitting a Blue KC-provided claim form. The OTC COVID-19 test benefit includes up to eight tests per member per month. Members must provide a copy of the receipt...

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    Humana outlines two options to obtain no-cost OTC COVID-19 tests

    Humana has identified two options for members to purchase over-the-counter (OTC), FDA-approved COVID-19 diagnostic kits to comply with the Department of Labor’s (DOL’s) directive released last week. The DOL requirement took effect January 15.

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    Cigna explains reimbursement process for OTC COVID-19 tests

    Claim form should be submitted providing test purchase date and cost

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    UHC addresses process to provide OTC COVID-19 kits

    UnitedHealthcare (UHC) has released information on how UHC members can obtain over-the-counter (OTC), FDA-approved COVID-19 diagnostic kits to comply with the Department of Labor’s (DOL’s) directive released last week. The DOL requirement took effect January 15.UHC has established a preferred...

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    Supreme Court blocks OSHA ETS

    The Supreme Court ruled today that the Occupational Safety and Health Administration (OSHA) does not have the power to implement its emergency temporary standard (ETS) requiring large employers (100-plus employees) to ensure their employees are vaccinated or undergo weekly testing and wear masks...

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    DOL addresses reimbursement for OTC COVID-19 tests

    Reimbursement not required for employment-purposes testing

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