by BMC | Jun 11, 2020 | Uncategorized
The PCOR fee filing deadline is July 31, 2019 for all self-funded medical plans and HRAs for plan years ending in 2018.Please note, this is the final filing and payment for some plans. Plans ending in January through September of 2019 will haveone more filing on July...
by BMC | Jan 30, 2020 | Uncategorized
Independence subscribers will be receiving tax forms to assist them with their 2019 tax year filings. Three separate forms will be either mailed or available online by January 31. Form 1095‑B for proof of minimum essential coverage This form provides verification to...
by BMC | Jan 14, 2020 | Uncategorized
In a bipartisan effort, the U.S. Congress agreed on a spending package to fund the federal government which included important changes to federal laws affecting employer-sponsored group health and welfare benefit plans. The legislation was signed into law by the...
by BMC | Sep 19, 2019 | Uncategorized
Employers who sponsor a group health plan with prescription drug benefits are required to notify their Medicare-eligible participants as to whether the drug coverage provided under the plan is ‘creditable’ or non-creditable’. Virtually all plans that...
by BMC | May 28, 2019 | Uncategorized
The PCOR fee filing deadline is July 31, 2019 for all self-funded medical plans and HRAs for plan years ending in 2018. Please note, this is the final filing and payment for some plans. Plans ending in January through September of 2019 will have one more filing on...
by BMC | Jan 23, 2019 | Uncategorized
On December 14, 2018, a Texas district court invalidated the entire Affordable Care Act (“ACA”). This includes the Individual Mandate, Employer Penalty, mandated benefits such as the prohibition against preexisting condition exclusions, taxes such as the PCOR fee, the...
