BALDWIN REGULATORY COMPLIANCE COLLABORATIVE
Welcome to the June 2024 Issue
Upcoming Compliance Deadlines
For information regarding upcoming compliance deadlines for employer-sponsored group health plans.
IRS Releases 2025 HSA, HDHP, and HRA Inflation Adjusted Limits for 2025
The Internal Revenue Service (IRS) issued Revenue Procedure 2024-25 announcing the calendar year 2025 annual health savings account (HSA)
IRS Announces 2025 Affordable Care Act Pay-or-Play Penalties
The IRS has announced 2025 penalty amounts related to the employer shared responsibility requirements under the Affordable Care Act.
U.S. Court of Appeals, 5th Circuit, May Uphold Nationwide Block on Mandated ACA Preventive Care Coverage
This last March, a three-judge panel of the New Orleans-based U.S. Court of Appeals for the Fifth Circuit (includes Texas, Louisiana, and Mississippi)…
REMINDER – PCORI Fees Due July 31, 2024
The annual fee to fund the Patient-Centered Outcomes Research Institute (PCORI) is due on July 31, 2024. The fee is paid by filing IRS Form 720 (Quarterly Federal Excise Tax Return)..
Navigating Healthcare Costs: Update on Advanced Explanation of Benefits (AEOB)
On April 23, 2024, the Centers for Medicare & Medicaid Services (CMS) provided a status update on the implementation of the Advanced Explanation of Benefits (AEOB)…
DOL Rescinds 2018 Final Rule on Association Health Plans
The Department of Labor’s (DOL) final rule rescinds the 2018 rule entitled ‘‘Definition of Employer Under Section 3(5) of ERISA—Association Health Plans’’ (2018 AHP Rule).
Change Healthcare, a U.S. Healthcare Company, is Confirmed as a Cyberattack
On February 21, 2024, UnitedHealth Group Incorporated disclosed that one of its companies, Change Healthcare, was experiencing a cyberattack…
HHS Finalizes Rule to Strengthen Reproductive Health Care Privacy
On April 22, 2024, the U.S. Department of Health and Human Services (HHS) issued a final rule (Final Rule) to modify certain provisions of the HIPAA Privacy Rule…
Question of the Month
Our “Question of the Month” concerns whether a group with separate entities should file a 5500 for each entity…
FEATURED COMPLIANCE INSIGHTS
Deadline Updates and Reminders
2024 HIPAA Complete Training Calendar.
2024 Baldwin Professional Education Connection Educational Webcast Calendar.
This newsletter is intended for general information purposes only and should not be construed as advice or opinions on any specific facts or circumstances. The content of this newsletter is made available on an “as is” basis, without warranty of any kind. The Baldwin Insurance Group Holdings, LLC (“The Baldwin Group”), its affiliates, and subsidiaries do not guarantee that this information is, or can be relied on for, compliance with any law or regulation, assurance against preventable losses, or freedom from legal liability. This publication is not intended to be legal, underwriting, or any other type of professional advice. The Baldwin Group does not guarantee any particular outcome and makes no commitment to update any information herein or remove any items that are no longer accurate or complete. Furthermore, The Baldwin Group does not assume any liability to any person or organization for loss or damage caused by or resulting from any reliance placed on that content. Persons requiring advice should always consult an independent adviser.
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Get in touch with our compliance team
The Baldwin Regulatory Compliance Collaborative is a national team of compliance and ERISA experts to help keep your organization compliant and informed.