by BMC | Aug 3, 2012 | Updates
Expanded women’s preventive health benefits for plans that renew on or after August 1st now include services such as prenatal visits, certain contraceptives (specific religious organizations may be exempt), screening/counseling for domestic violence, and...
by BMC | Mar 5, 2011 | Updates
Health Reimbursement Arrangement Regulations Health Reimbursement Arrangements can only be processed by Responsible Reporting Entities as of October 2010. Stringent reporting requirements, with daily fines for failure to comply, went into effect as of October of 2010....
by BMC | Aug 15, 2010 | Updates
Effective January 1, 2011, Medical FSA (Health Care Spending Account) funds may no longer be used for OTC drugs and medicines (other than insulin) without a directive from a medical provider. This means that beginning January 1, 2011, if an OTC drug or medication is...
by BMC | Aug 6, 2010 | Updates
ARRA COBRA Subsidy Update The ARRA COBRA subsidy has expired and has not been extended. Current COBRA notices should be in the pre-ARRA format. If BMC Benefit Services sends your COBRA notices, we’ve already updated our files to the pre-ARRA notices. Carrier Product...
by BMC | Apr 6, 2010 | Updates
You may qualify for a tax credit made available under the recently passed Patient Protection and Affordable Care Act for eligible small employers who provide health care coverage to their employees, effective with tax years beginning in 2010. Starting the week of...
by BMC | Jan 6, 2010 | Updates
Late last month the Senate passed legislation which included provisions to extend the COBRA subsidy in two ways: The duration of the subsidy has been increased from 9 to 15 months; and Individuals who are involuntarily terminated on or before February 28, 2010 are...
