As previously discussed in this blog, the waiver for no-cost telehealth services provided to HSA participants enacted as part of the CARES Act in 2020 was set to expire. As part of the recently passed omnibus spending bill, the waivers will be extended until December 31, 2024. Originally, the waivers were set to expire 60 days after the end of the ...
By: Lyndsey Barnett and Michaela Taylor*
On December 23, the Departments of Labor, Health and Human Services, and the Treasury (the “Departments”), issued a new FAQ granting flexibility for plans and issuers ahead of the December 27th Prescription Drug Data Collection (RxDC) reporting deadline.
Recognizing the significant ...
As discussed in prior blog posts, the PCORI Fee was resurrected by the IRS in 2019. This past week, the IRS updated the amount of the PCORI Fee for policy years and plan years that end on or after October 1, 2022, and before October 1, 2023. The new amount of the PCORI Fee is $3.00 per covered life. That is a $.21 increase from the prior year.
As a reminder ...