2024 Open Enrollment Checklist
2024 Open Enrollment Checklist To get ready for 2024 open enrollment, employers who sponsor group health plans should be aware of the legal changes affecting the design and administration of their health plans for plan...
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Guidance on Wellness Indemnity Payments
IRS Issues Guidance on Wellness Indemnity Payments. On June 9, 2023, the IRS released OCC Memo 202323006, which advises that wellness indemnity payments under a fixed indemnity insurance policy are wages for purposes of Federal...
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Proposed Overtime Rule Pushed to August 2023
Proposed Overtime Rule Pushed to August 2023 The U.S. Department of Labor (DOL) has recently revealed it will issue a proposed overtime rule in August 2023, according to the most recent regulatory agenda. This is...
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Health Care Spending on the Rise
Health Care Spending Projected to Surpass $7 Trillion by 2031 Estimates from the Centers for Medicare and Medicaid Services (CMS) project annual U.S. health care spending to reach approximately $7.2 trillion in 2031. In 2022,...
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