MMO: 10/1 Broker Update
- On October 1, 2024
Reducing Deductible Plan Grid, SmartShopper is Now Included for Fully Insured, MEWA and Balanced Solutions Groups
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MMO: 9/30 Broker Update
- On September 30, 2024
Medical Mutual is pleased to announce that an agreement has been reached with Memorial Health System that keeps all Memorial Health providers, specialists and facilities in their Medicare Advantage HMO and PPO, SuperMed PPO and Mutual Health Services Networks.
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IRS Increases 2025 ACA Affordability Percentage and Begins Publishing 2025 Plan Limits
- On September 23, 2024
With 2025 approaching fast, the IRS has begun to release some of next year’s indexing adjustments and benefit limits for health and welfare plans.
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MMO: 9/17 Broker Update
- On September 17, 2024
Announcement of Multi-Policy Bundling Credit and Annual Medicare Part D Creditable Coverage Mailing Information; Flyer Available
to Help Determine a Plan’s Creditable Status
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Biden Administration Releases Final Mental Health Parity Analysis Rules
- On September 16, 2024
On September 9, 2024, the federal Departments of Health and Human Services, Labor, and Treasury released the final version of an update to the rules implementing the Mental Health Parity and Addiction Equity Act (MHPAEA).
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Latest Healthcare Fiduciary Lawsuit Filed Against Wells Fargo
- On September 9, 2024
Following in the footsteps of the class action suit filed against Johnson & Johnson earlier this year, another group of employees filed a breach of fiduciary duty lawsuit against Wells Fargo. The lawsuit, Navarro v. Wells Fargo & Co., contains many of the same allegations as the Johnson & Johnson case. This is the latest in an emerging […]
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Happy 50th Birthday, ERISA!
- On September 9, 2024
The Employee Retirement Income Security Act of 1974 (ERISA) marked its 50th anniversary on September 2, 2024. Over the past five decades, ERISA has served as the primary federal law governing employee benefit programs. Major federal legislation affecting group health insurance plans, including the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), the Health Insurance […]
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HR Insight: The Benefits of Employee Resource Groups
- On September 9, 2024
The Benefits of Employee Resource Groups Employee Resource Groups (ERGs) have become increasingly prevalent in organizations to promote diversity, equity, and inclusion (DEI). These voluntary, employee-led groups are designed to bring together individuals who share common characteristics or experiences, such as race, gender, sexual orientation, and disability, or can even be based on shared experiences, […]
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SummaCare: August Broker Updates
- On September 4, 2024
September Broker Bonus Programs - Retention and Sales, and ongoing MEWA New Sales Bonus information.
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Updated Federal Penalties for Health Plan Violations
- On September 3, 2024
The federal Department of Health and Human Services released updated penalty amounts for certain health plan violations that may occur on or after January 15, 2025. These penalty increases are separate from any penalty increases the federal Department of Labor may announce later this year for ERISA violations. The new penalty amounts by infraction are […]
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