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Creditable Coverage & Medical Loss Ratio Rebate Updates
Group health plan sponsors must disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare & Medicaid Services (CMS) whether their prescription drug coverage is “creditable.” In general, coverage is considered creditable if it is expected to pay, on average, at least as much as standard Medicare Part D End excerpt
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Maryland FAMLI Declaration Of Intent Period Is Now Open
As of September 1, the Declaration of Intent (DOI) period for Maryland FAMLI is officially open and will remain open through November 15, 2026. Pursuing a private plan: to avoid remitting contributions to the State during 2027 employers must submit a DOI during this window. Leaning toward the State Plan: now is a good time End excerpt
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VETS-4212 Deadline Approaching September 30th, 2026 & New Changes to Section 503 Requirements
The annual VETS-4212 filing deadline is September 30, 2026. With the deadline rapidly approaching, government contractors and subcontractors should confirm whether this requirement applies to their organization and begin gathering the necessary workforce information.​ Who Is Required to File Federal contractors and subcontractors are generally required to file if they held at least one covered End excerpt
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The Importance of Benchmarking Your Employee Benefits
Employee benefits are one of the largest expenses for many employers. However, many companies do not regularly benchmark the market or evaluate their broker relationship. Regular benchmarking helps employers determine whether their rates, plan designs, contributions, and overall benefits strategy remain competitive as their workforce and the market change. Below are some of the leading End excerpt
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Protect Your Business with a Legally Compliant Employee Handbook
Here are the top five reasons why companies may want to review and update their employee handbooks as we move through the second half of 2026: 1. Technology & AI 2. New Leave Laws 3. Anti-Discrimination & Harassment Policies 4. Updated Employee Benefits 5. Workplace Expectations A current employee handbook helps ensure consistent employment practices, End excerpt
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Deadlines for Form 5500 & PCORI Fees Approaching
Form 5500s for Calendar Year Plans are Due by July 31st The IRS, Department of Labor, and Pension Benefit Guaranty Corporation require Form 5500 filings for employee benefit plans with 100 or more participants to meet annual reporting obligations under ERISA and the Internal Revenue Code. Plan sponsors must file their Form 5500 by the End excerpt
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RxDC Filing Requirements
The Consolidated Appropriations Act, 2021 (CAA), requires all insurance carriers and employer-sponsored health plans to report detailed information on healthcare spending and prescription drug utilization. This submission, known as the RxDC report, is used by federal agencies to better understand what is driving healthcare costs. All group health plans are subject to this requirement, including End excerpt
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Credible Coverage & Medical Loss Ratio Rebate Updates
Group health plan sponsors must disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether their prescription drug coverage is at least as good as the Medicare Part D coverage (in other words, whether their prescription drug coverage is “creditable”). Disclosure to Medicare-eligible individuals End excerpt
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FTC Drops Non-Compete Ban – Vows Continued Enforcement
The Federal Trade Commission (FTC) has abandoned its defense of the rule proposed by the Biden Administration banning almost all employer-employee non-competes. As a result, the broad non-compete rule is dead. At the same time, the FTC’s Republican majority made clear that the FTC will prioritize aggressive case-by-case enforcement against unreasonable non-compete clauses. As FTC End excerpt
