Skip to main content

Posts

Showing posts with the label Group Health Plans

2024 Health Plan Compliance Deadlines Chart

Whether you're a seasoned benefits administrator or HR professional, you must comply with numerous reporting and disclosure requirements annually. To help you more easily meet these target dates, download TruePlan’s 2024 Health Plan Compliance Deadlines chart .   It lists employer-sponsored group health plan requirements by month, providing a thorough description of each requirement, deadline and applicability. It also outlines group health plan notices employers must provide each year.  Get the 2024 Health Plan Compliance Deadlines Chart now . If you have questions, reach out to TruePlan . Our team of experts can provide you the resources you need to better manage your health plan and employee benefits .  This Compliance Overview is not intended to be exhaustive, nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel for legal advice. ©2024 Zywave, Inc. All rights reserved. 

January 2024 Benefits Buzz: Group Health Plans and ACA Reporting

Group health plans must expand price comparison tool for 2024 Beginning this year, group health plans and health insurance issuers must expand the online price comparison tool they make available to participants, beneficiaries and enrollees so that it includes all covered items, services and drugs. This tool provides consumers with real-time estimates of their cost-sharing liability from different providers for covered items and services, so they can shop and compare prices before receiving care. For plan years beginning on or after Jan. 1, 2023, health plans and issuers were required to make price comparison information available for 500 shoppable items, services and drugs. For plan years beginning on or after Jan. 1, 2024, price comparison information must be available for all covered items, services and drugs. Most employers rely on their issuers or third-party administrators to develop and maintain the price comparison tool. Employers should confirm that their issuers and TPAs wil...