Let our team help you navigate the ever-changing benefits compliance landscape each month. Check out this month’s latest alerts, additional updates, and resources hot off the press:
Employee Benefits Compliance Alerts
This month’s Compliance Matters newsletter provides a comprehensive review of the following topics. To obtain your copy, please use the form below to download.
- Medicare Part D Disclosure to CMS Due Soon for Calendar Year Plans
- §4980H Employer Mandate Requirements & Penalties Review
- Requirement Reminder for Summary of Benefits & Coverage (SBC)
Download this month’s alerts
Additional Updates & Resources
HHS Provides Proposed 2025 Notice of Benefit Payment Parameters
On November 15, 2023, the Department of Health and Human Services (HHS) through the Centers for Medicare and Medicaid Services (CMS) released the proposed Notice of Benefit Payment Parameters (NBPP), determining annual adjustments to cost-sharing under the Affordable Care Act (ACA). The proposed cost-sharing limits for plan years starting in 2025 are $9,200 for self-only coverage and $18,400 for other than self-only coverage, which is a 2.6% decrease from the 2024 limits of $9,450 for self-only coverage and $18,900 for other than self-only coverage. A final NBPP is expected in early 2024.
More Compliance Resources
- Sign up for our in-depth 2024 Compliance Webinars
- Learn about our Compliance Consulting Services
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