Author: Cindy Niesen, Associate Director: Research & Compliance, Hays Companies Last week, the US Departments of Health and Human Services (HHS), Treasury and Labor jointly issued an FAQ stating that for 2020 they will not enforce new guidelines (which were incorporated into HHS’s Notice of Benefit and Payment Parameters for 2020) regarding drug manufacturers’ assistance […]
Many employers that sponsor self-insured health plans are under the assumption that their Notice of Privacy Practices covers their responsibilities under HIPAA. While the Notice of Privacy Practices is an excellent starting point, there is more to HIPAA Privacy and Security that you need to know.
As the Hays Research and Compliance team looks towards the new year, we want to inform our clients that there will be two plan design changes to consider for 2020: Affordable Care Act out-of-pocket maximum dollar limits, and, High Deductible Health Plan limits. Affordable Care Act Out-Of-Pocket Maximum Dollar Limits This April, the U.S. Department […]
Affordability Safe Harbors The safe harbor percentage for 2019 is 9.86% (IRS per Rev. Proc. 2018-34). The safe harbor percentage for 2020 is 9.78% (IRS per Rev. Proc. 2019-29). Employer Shared Responsibility Tax (employer mandate) – applicable to the 2018 plan year 4980(a) tax for not offering minimum essential coverage to at least 95% of […]
On July 1st, Hays Vice President Abby Ferri began her tenure as President of the American Society of Safety Professionals’ (ASSP) Northwest Chapter. Ferri started her affiliation with ASSP in 2002 while in the Master of Environmental Health and Safety program at the University of Minnesota Duluth and has been involved as a volunteer or […]
Sara Hames, Vice President at Hays Companies in Milwaukee, will speak at the 38th Annual International Society of Certified Employee Benefit Specialists (ISCEBS) Symposium in September on disrupting health care through high-value providers. The ISCEBS Symposium, which will be hosted in New Orleans, is one of the largest gatherings of credentialed benefit and compensation professionals. […]
In this 1-hour webinar, presented by Hays Companies Research and Compliance Department, we present an overview of HIPAA Privacy and Security rules applicable to group health plans, as well as the latest requirements for the privacy and security of protected health information (PHI) and the role of the employer as plan sponsor. Other topics include: […]