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BRCC / Baldwin Bulletin – February 2025

COMPLIANCE NEWSLETTER – February 2025

Baldwin Bulletin

BALDWIN REGULATORY COMPLIANCE COLLABORATIVE

Welcome to the February 2025 Issue

The Baldwin Bulletin serves as a monthly guide to important regulatory developments, legal news, and employee benefits-related industry happenings designed to keep you abreast of the latest developments.

This month’s issue focuses on important upcoming compliance deadlines and includes our timeline of upcoming compliance requirements, in addition to providing information regarding certain hot-button compliance issues significantly impacting employers.

Upcoming Compliance Deadlines

For information regarding upcoming compliance deadlines for employer-sponsored group health plans.

2025 ACA Reporting Office Hours with BRCC Compliance Experts

The BRCC announces a new series of open office hours with our ACA compliance experts, designed specifically for the 2025 reporting season. Whether you are looking for guidance on the latest regulatory changes or need help with ACA reporting forms, our experts are here to assist.

New Laws Simplify ACA Reporting and Cut Employer Paperwork Obligations

Two newly enacted laws, the Employer Reporting Improvement Act (“H.R. 3801”) and the Paperwork Burden Reduction Act (“H.R. 3797”), are set to simplify ACA reporting requirements for

2025 Federal Poverty Guidelines Released by HHS

The Department of Health and Human Services (“HHS”) has released the U.S. Federal poverty guidelines for 2025. Many employers use these guidelines to set the premium costs for the lowest-cost health plan offered to employees to satisfy the Federal Poverty Line..

California Corner: Employers Barred from Mandating Vacation Use Before Paid Family Leave

California is paving the way for better access to Paid Family Leave (“PFL”) benefits with the enactment of Assembly Bill 2123 (“AB 2123”).

HHS Imposes $1.19M in Civil Penalties for Failure to Terminate Business Associate’s Access to ePHI

On December 3, 2024, the Department of Health and Human Services (“HHS”) Office for Civil Rights (“OCR”) issued a $1.19 million civil monetary penalty against Gulf Coast Pain Consultants..

Rulemaking and Implementation on Advanced Explanation of Benefits

The Consolidated Appropriations Act (“CAA”) of 2021 mandated that health plans and issuers provide participants, beneficiaries, or enrollees with an Advanced Explanation of Benefits (“AEOB”).

Nondiscrimination in Action, Part V: Voluntary Employees’ Beneficiary Associations (“VEBAs”)

This article provides a comprehensive guide on the role and requirements of VEBAs as tax-exempt entities under §501(c)(9) of the IRC.

Understanding Regulatory Change

In January’s edition of the Baldwin Bulletin, we discussed anticipated policy proposals from the new presidential administration for 2025 and beyond (see here). In January’s edition of the Baldwin Bulletin, we discussed anticipated policy proposals from the new presidential administration for 2025 and beyond (see here).

NPRM Proposes Significant Modifications to HIPAA’s Security Rule

On January 6th, 2025, the US Department of Health & Human Services (“HHS”) issued a combined Notice of Proposed Rulemaking (“Proposed Rule”) and Notice of Tribal Consultation relating to improvements to the HIPAA Security Rule…

Frequently Asked Question (“FAQ”) of the Month

Our FAQ of the Month focuses on understanding the class structures of individual coverage health reimbursement arrangements (“ICHRAs”).

FEATURED COMPLIANCE INSIGHTS

Training and Webcast Calendars

Stay on top of everything and never miss out with our comprehensive calendars guiding you every step of the way

2025 HIPAA Complete Training Calendar

2025 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.

The Baldwin Group offers insurance services through one or more of its insurance licensed entities. Each of the entities may be known by one or more of the logos displayed; all insurance commerce is only conducted through The Baldwin Group insurance licensed entities. This material is not an offer to sell insurance.

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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.