Kilpatrick

Broker Compensation Disclosure Requirements in CAA 2021

The Consolidated Appropriations Act, 2021 (CAA) signed into law by President Trump on Dec 27, 2020, contained many policy provisions … FULL STORY

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BCBS Reinstates St Lukes Network Agreements without Contract Lapse

BCBS and CommonSpirit Health reached an agreement to reinstate CommonSpirit’s network agreements with no lapse in network participation. CommonSpirit is … FULL STORY

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Group Health Plans – Determination of Medicare Part D Creditable Coverage Status

Employers are required to provide notices to Medicare-eligible individuals covered by their prescription drug plan about whether the plan is … FULL STORY

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BCBS Transitions to New SBC Tool for 2021

BCBS is transitioning to a new platform to generate SBCs for group and individual market plans. The old tool will … FULL STORY

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BCBS Providing Premium Credits on November 2020 Billing Statements

BCBS will issue premium credits to fully insured group customers on their November 2020 billing statements. The credits apply as … FULL STORY

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Employer Reporting Requirements under the ACA

Update 10/2/2020: The IRS extended the deadline for providing the statements to employees/individuals in 2021. No extension for the IRS … FULL STORY

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BCBS Launches Financial Relief Program for 51+ Insured Customers

BCBS of TX announced a COVID-19 Economic Response Program designed to help new and existing fully insured employer group customers … FULL STORY

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NAHU: Emergency Extension of COBRA Election Timeframes

This article is adapted from this NAHU update.

Earlier this week, the DOL and IRS released an emergency final regulation regarding … FULL STORY

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COVID-19 Carrier and Industry Resources

This article organizes and summarizes carrier and industry resources and carrier accommodations related to COVID-19. We are constantly updating this … FULL STORY

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BCBS Offering First Year Renewal Rate Cap on New Mid-Market Business Dec 2019 – Mar 2020

BCBS will give a first year renewal rate cap of 9.5% to all new mid-market (51-150 segment) medical cases written … FULL STORY

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