September 20, 2019

IRS Announces New Address For Determination Letter Applications, Letter Ruling Requests, Certain Other Submissions

On September 12, 2019, the IRS announced a new address to be used for the mailing and delivery of certain submissions relating to employee benefit plans. The new address, which must be used on and after September 12, 2019, is as follows: Internal Revenue Service 7940 Kentucky Drive MS 31A Florence, KY 41042 The address… Continue Reading

September 19, 2019

Open Enrollment, Oh My!

Open Enrollment (“OE”) season, for many HR professionals, may create symptoms of anxiety: sweaty palms, racing hearts, and sleepless nights (not to mention consumption of gallons of coffee). However, it doesn’t have to be that hard. Simplifying your open enrollment period is easier than you think.  Outlined below are simple reminders for those conducting open… Continue Reading

September 9, 2019

$1.2 Million Settlement Highlights Importance of Providing Compliant COBRA Notices

A recent $1.25 million settlement agreement highlights the importance of providing compliant notices under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”). Angela Hicks filed a class action complaint against her husband’s former employer, Lockheed Martin Corporation, alleging Lockheed failed to provide compliant COBRA notices. Hicks sought to represent a class of current and… Continue Reading

September 3, 2019

2020 Drug Coupon Rule Under Further Rulemaking

The U.S. Department of Health and Human Services (“HHS”) released final regulations relating to benefit and payment parameters for 2020. The regulations state that beginning on or after January 2020, plans and insurers do not have to count the value of drug manufacturers’ coupons toward the annual cost-sharing limits when a medically appropriate generic equivalent… Continue Reading

August 27, 2019

Reporting Primary Prescription Coverage Mandatory January 2020

The Centers for Medicare & Medicaid Services (“CMS”) has issued new guidance on Medicare Secondary Payer (“MSP”) reporting requirements in response to the SUPPORT for Patients and Communities Act enacted on October 24, 2018. Currently, Responsible Reporting Entities (“RREs”) of group health plans are required to report information to CMS about individuals who are entitled… Continue Reading

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