Tag: Health Plan

  • REMINDER: HEALTH PLAN PCORI FEES ARE DUE JULY 31 | CA Benefits Team

    July 22, 2019

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    Employers that self-insured any group health plans in 2018, including health reimbursement arrangements (HRAs), are responsible for determining whether the annual PCORI fee applies to their plan. If so, use Form 720 to calculate, report, and pay the fee by July 31, 2019.

    PCORI stands for the Patient-Centered Outcomes Research Institute. Federal law imposes a small annual fee on most health plans that include medical benefits in order to raise revenue to finance the Institute’s work. See our blog for details on which employer-sponsored plans are subject to the PCORI fee, how to calculate the 2018 amount, complete Form 720, and make payment.

    By Kathy Berger

    Originally posted on thinkhr.com

  • States May be Given More Responsibility, but some are Taking it now

    June 24, 2019

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    Virginia has become the first state to require that health insurers count coupons for prescription drugs and copayments as applying to health plan deductibles.  Fair Health Care VA, an advocacy group, said “patients should not be denied one of the key benefits of copay assistance programs, particularly since insurers are already getting the value of negotiated drug price discounts while withholding these benefits from patients.”

  • REMINDER: HEALTH PLAN PCORI FEES ARE DUE JULY 31 | CA Benefits Team

    July 22, 2019

    Tags: , ,

    Employers that self-insured any group health plans in 2018, including health reimbursement arrangements (HRAs), are responsible for determining whether the annual PCORI fee applies to their plan. If so, use Form 720 to calculate, report, and pay the fee by July 31, 2019.

    PCORI stands for the Patient-Centered Outcomes Research Institute. Federal law imposes a small annual fee on most health plans that include medical benefits in order to raise revenue to finance the Institute’s work. See our blog for details on which employer-sponsored plans are subject to the PCORI fee, how to calculate the 2018 amount, complete Form 720, and make payment.

    By Kathy Berger

    Originally posted on thinkhr.com

  • States May be Given More Responsibility, but some are Taking it now

    June 24, 2019

    Tags: ,

     

    Virginia has become the first state to require that health insurers count coupons for prescription drugs and copayments as applying to health plan deductibles.  Fair Health Care VA, an advocacy group, said “patients should not be denied one of the key benefits of copay assistance programs, particularly since insurers are already getting the value of negotiated drug price discounts while withholding these benefits from patients.”

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