News & Insights

The Employee Retention Tax Credit (ERTC) was spawned to help businesses that continued paying employees even when operations were closed due to a COVID-19 government shut down, or despite experiencing a significant loss in revenue during that period. Since the ERTC creation, bad actors have been...

On November 12, 2020, the Transparency in Coverage Act (TiC) was adopted, with the goal of bringing more transparency to health care costs. Provisions from the final rule are already in effect. As of January 1, 2023, health plans and health insurers were required to provide a self-service,...

In September, a federal judge struck down a 2021 Trump administration rule that gave health plans and pharmacy benefit managers (PBMs) the latitude to exclude the value of drug manufacturer coupons toward a member’s out-of-pocket cost. Plaintiffs in the case argued the practice conflicts with the...

The Department of Labor (DOL) anticipates proposing new overtime rules sometime in August. The forecasted announcement is included in the government agencies’ spring regulatory agenda, but the actual date could be subject to change. The DOL originally listed a new overtime ruling on their...

With the use of Artificial Intelligence (AI) growing in popularity, it is no surprise that its capabilities have begun to integrate into employment practices. While using AI to aid in hiring processes can ease some of the burdens HR professionals are tasked with, the Equal Employment Opportunity...

Health Savings Accounts (HSAs) are an attractive benefit offering for those looking to boost their savings without sacrificing care. HSAs are tax-exempt accounts that must be coupled with a high deductible health plan (HDHP), whose unused funds can rollover year to year.

Bukaty Companies and GM Peters, a P&C agency located in Kansas City, Missouri, completed a new partnership June 1. GM Peters, established in 1915, provides risk management and property and casualty insurance services in the Kansas City area. Their staff of 24 consists of 6 sales consultants and 18...

Employers are scrambling to comply with the U.S. Immigration and Customs Enforcement’s (ICE) decision to end I-9 verification flexibilities on July 31. Following a 30-day grace period, employers must conduct in-person I-9 documentation verification for remote employees that have been hired since...

Missouri Governor Mike Parson recently signed SB106 into law, which modifies an array of provisions regarding public health. Starting January 1, 2024, Missouri will require health insurance carriers to foot the bill for diagnostic breast imaging. The provision aims to combat breast cancer by...

Self-funded plan sponsors must the Patient Centered Outcomes Research Institute (PCORI) fee each year. The collected fees help fund the organization, which conducts research to aid in better-informed health care choices.