Update: Medicare Part D Creditable Coverage Changes in 2025
The Inflation Reduction Act of 2022 (IRA) introduced several changes to Medicare Part D (“Part D”) with the aim of reducing ...
Benefits
Update: HHS Final Rule Impacts Section 1557 Nondiscrimination Protections
Recently, the Department of Health and Human Services (HHS) issued a final rule expanding protections under Section 1557 of the Affordable ...
2025 Benefit Limits: HSA, HDHP, and ACA
Recently, the IRS released Rev. Proc. 2024-25, which outlines the adjusted amounts for health saving accounts (HSAs) and high deductible ...
Webinar Recap: Getting the Most Out of Your Health Benefits Package
As part of our monthly Wellbeing Webinar Series, we featured our very own Senior Client Service Manager, Ashley Lucchesi, to ...
Sequoia & Cocoon: Simplifying Leave Management
Every HR team knows the challenges in managing parental, medical, caregiver, and other types of leave. They must navigate compliance ...
Updated Instructions Released for Prescription Drug Cost Reporting
Updated Prescription Drug Data Collection (RxDC) Reporting Instructions for the 2023 calendar year reporting are now available. Practically speaking, this updated ...
Transparency in Coverage: Clarification for Cost-Sharing Disclosures
On February 2, 2024, the Departments of Labor, Health and Human Services, and the Treasury (collectively the “Departments”) issued FAQ Part 65, clarifying ...
The Power of Aligning Comp and Benefits Strategies with Business Goals: Startup Secrets to Success and Valuation
The most successful startup leaders align their comp and benefits strategies to their startup business goals, leading to thriving cultures, ...
[Updated] Contraceptive Coverage Requirements: Clarification and Enforcement Intent
In response to continued complaints of non-compliance, the Department of Labor, Department of Health and Human Services, and the Department ...
2024 Federal Poverty Level Announced: Impact on ACA Affordability
Recently, the 2024 federal poverty level (FPL) was announced as $15,060 (up from $14,580 in 2023). Importantly, the annual FPL will impact Affordable Care ...
Developing Your 2024 Wellbeing Strategy
During the conversation, we discussed the definition of wellbeing and core values, how to reflect on your previous year, how ...
[Updated] California Proposes State-Wide Long Term Care Insurance Program
In October 2019, California enacted Assembly Bill 567 (AB 567) after research on public opinion indicated Californians are concerned about the costs of ...