November 6, 2023
IRS Releases 2024 Benefit Plan Limits
The IRS recently released the 2024 benefit plan limits based on the annual cost-of-living adjustments in the Internal Revenue Code. These limits take effect beginning January 1, 2024. Final limits for health FSAs and DCAPs are still pending. Employers should update their Summary Plan ...
November 6, 2023
Compliance Recap | October 2023
October saw the release of adjusted civil penalties for HIPAA violations, ACA requirements, and Medicare Secondary Payer rules. Health plan limits and maximums for 2024 including high deductible health plans (HDHPs), health savings accounts (HSAs) flexible spending accounts (FSAs), and ...
November 1, 2023
Dear HR Manager from Now Hiring
Dear HR Manager, I need help finding candidates for open positions in today’s tight job market. Do you have recommendations for sources I may have yet to think to tap into? – Now Hiring Dear Now Hiring, The last few years have been challenging for job seekers and employers alike. The ...
October 19, 2023
Advocacy in Action | HRA Reimbursement
A member desperately needed surgery and was very concerned because the surgical center was requesting a $2,000 upfront payment. The member had no idea how he was going to come up with the money on such short notice. He called The Purple Card® for help. The member’s insurance plan had a $5,000 ...
October 17, 2023
Dear HR Manager from Hybrid Schedule
Dear HR Manager, My company had offered flexible remote work options but has now mandated that employees return to the office at least twice a week. My team works well in the remote setting, but I also see the benefits of in-person collaboration. How do I establish a new hybrid schedule ...
October 17, 2023
FAQs on Implementation of Transparency in Coverage Regulations (ACA Part 61)
The Department of Labor (DOL), the Internal Revenue Service (IRS), and the Department of Health and Human Services (HHS) (collectively, the “Departments”) recently issued FAQ guidance on Part 61 of the Affordable Care Act (ACA), addressing the implementation of the transparency in coverage ...
October 13, 2023
Proposed Guidance for Mental Health Parity Regulations
On July 25, 2023, the Departments of Treasury, Labor, and Health and Human Services (the “Departments”) released proposed rules on the Mental Health Parity and Addiction Equity Act of 2008 (MHPAEA) and published in the Federal Register on August 3, 2023. These proposed regulations would update ...
October 10, 2023
Workplace Culture: The Need for a Modern Dress Code: Staying Relevant in Changing Times
Updating a company’s dress code might not be the most pressing concern for HR departments and managers, but it’s crucial in today’s evolving workplace. As work dynamics undergo significant shifts, including an influx of younger employees and the prevalence of remote work, ...
October 4, 2023
Compliance Recap | September 2023
In September, plan sponsors began sending out Medicare Part D Creditable Coverage notices, and both Oregon and Maine announced Paid Family and Medical Leave laws. Sponsors of group health plans began completing the required Gag Clause Attestation due by the end of 2023. The Departments of ...
October 3, 2023
Employee Benefits: Tips for a Successful Open Enrollment
Open enrollment is a critical period for HR managers and employees, especially given the evolving healthcare landscape and the changing nature of work. Rising healthcare costs, persistent inflation, hybrid work models, and increased employee expectations have reshaped the open enrollment ...
