Insurance Companies and Group Health Plans Now Required to Cover Costs of At-Home COVID-19 Tests

The following information was originally posted by CMS.gov. As part of its ongoing efforts across many channels to expand Americans’ access to free testing, the Biden-Harris Administration is requiring insurance (more…)

Good Faith Compliance Standard Announced for Broker Compensation Disclosure Requirements

This post was originally published by NAHU. Since the passage of the CAA, NAHU has been advocating for guidance from the DOL regarding the broker compensation transparency requirements included in (more…)

IRS Releases Updated Benefit Limits for 2022

The IRS recently released additional information regarding 2022 benefit limits. As always, Cornerstone has provided a comprehensive guide to each year’s limits. Click below to access the latest guide. Access (more…)

IRS Extends ACA Reporting Deadline for Furnishing Statements for 2021 for 30 days

This post was originally published by Larry Grudzien, Attorney at Law. In proposed regulations released on November 22, 2021, the IRS permanently and automatically extends the deadline for 30 days (more…)

Direct and Indirect Compensation Transparency Requirements for Your Group Health Plans

In response to the Consolidated Appropriations Act of 2021 (CAA) enacted by Congress in December 2020, brokers are now required to disclose compensation amounts if they reasonably expect to receive (more…)

Employer Action Required! Distribute Medicare Part D Notices by October 15, 2021

Group health plan sponsors must provide Medicare Part D “creditable coverage” notices prior to October 15th, the start date of the Medicare annual enrollment period for Part D, Prescription Drug (more…)

IRS Announces 2022 HSA Contribution Limits

According to the IRS, the 2022 HDHP “annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) [may not] exceed $7,050 for self-only coverage or $14,100 for family coverage.” (more…)

Consolidate Appropriations Act: Impact to Anthem’s Member ID Cards

To ensure members know where to access current information about their benefits, Anthem will add verbiage to their ID cards advising members where on the Anthem website they can find (more…)

ATTENTION: Plan Year 2022 Registration and Training is LIVE

It’s that time of the year again! If you completed the registration and training for plan year 2021, the 2022 Marketplace registration and training is now available. If you did (more…)

Anthem ARPA State Continuation Notification Update

You may have received an email from Anthem recently to let you know about requirements involving individuals who are on state health continuation because they lost group health coverage because (more…)

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