Group Health Plans Must Now Cover Over-the-Counter COVID-19 Tests
By Wesley Covert
Employee Benefits,
February 2022
Pursuant to recent federal guidance, group health plans and insurers must now cover over-the-counter COVID-19 tests without cost-sharing, prior authorization, or other medical management requirements effective January 15, 2022.
Pension plan and health plan limitations for 2018
By Wesley Covert
Employee Benefits,
December 2017
In October 2017, the Internal Revenue Service issued Notice 2017-64 and Revenue Procedure 2017-58, containing the cost-of-living adjustments applicable to retirement plan limitations under the Internal Revenue Code and health flexible spending accounts under a Code §125 cafeteria plan and the parking and transit account limits under an Code §132 Transportation Plan.
ACA & ERISA update
By Wesley Covert
Employee Benefits,
September 2017
To date, the IRS has yet to issue an enforcement letter for the ACA’s Employer Shared Responsibility Mandate (which penalizes large employers that do not offer certain qualifying health coverage to full-time employees).
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