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Plan sponsors of group health plans providing prescription drug coverage to individuals who are eligible for Medicare Part D prescription drug coverage are required to satisfy certain notice requirements.

Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the prescription drug coverage is creditable.

The creditable coverage disclosure notice alerts individuals as to whether their plan’s prescription drug coverage is at least as good as the Medicare Part D coverage (in other words, whether their prescription drug coverage is “creditable”). Medicare beneficiaries who are not covered by creditable prescription drug coverage and who choose not to enroll in Medicare Part D before the end of their initial enrollment period will likely pay higher premiums if they enroll in Medicare Part D at a later date.

CMS has provided two model notices for employers to use:

Please click here to continue reading our AHERN Benefits Brief. This Benefits brief covers how to determine whether a prescription drug plan is creditable, notice requirements, whether there is a penalty for noncompliance, as well as CMS reporting.

It is our pleasure to extend to you a warm invitation to our upcoming virtual HR Leaders Compliance Summit in early February!

This year’s event is an expanded virtualization of a longstanding on-site gathering of Acrisure Agency Partner offices and the transformational Human Resources professionals they support. Over the course of this summit, you will hear from numerous subject matter experts that specialize in various HR-related disciplines including labor regulations, employee benefits trends, and human capital management best practices. Coming off the heels of 2020, we think you will find the agenda to be timely, relevant, and impactful.

We are also extremely excited to welcome Annie Duke as our keynote speaker on February 9, 2021. In addition to being a nationally recognized bestselling author and the only woman to have won the World Series of Poker Tournament of Champions, Annie is a respected decision strategist and business thought leader. Her background and expertise lend a valuable and unique series of insights to the challenges facing HR leaders and their organizations today.

Below is a general overview regarding topics that will be covered, as well as our keynote speaker. To view the detailed agenda, or for more information on how to register, please click here.

Here’s to a prosperous year of partnership in 2021!

 

 

AHERN Insurance Brokerage and Acrisure Compliance Solutions are excited to present the third edition (Sept-Dec) of our webinar series calendar for 2020. These webinars are open to anyone interested in learning more about these topics. Registration links to each webinar are linked below.

 

Navigating the Complex Landscape of Wellness Programs

Wellness programs encompass a wide variety of benefits and present a particularly challenging set of regulations and requirements for employers. During this webinar, we’ll cover common features of wellness programs, highlight important compliance considerations, and offer tips for tackling some of the trickiest issues.

Speaker: Deborah Hyde, JD

September 17, 2020

2:00 pm EST

 

Timely ADA Issues for Employers

The ADA continues to evolve as one of the more complicated components of Human Resources made even more difficult for employers as a result of the pandemic. This webinar will analyze some of the difficult traditional areas of the ADA to administer, as well as some novel issues that only exist as a result of the COVID-19 pandemic.

Speaker: Jeremy Hertz, JD

October 15, 2020

2:00 pm EST

 

2020 ACA Reporting: Preparations for ALEs and Sponsors of Self-Insured Coverage

As employers begin preparing for another year of ACA reporting under Internal Revenue Code Sections 6055 and 6056, we will provide an overview of the reporting requirements, detail the mechanics of the reporting process, cover state-specific reporting requirements, and discuss IRS actions related to these obligations. This webinar is suitable for both experienced employers and employers new to the reporting process.

Speakers: Deborah Hyde, JD and Colleen Gole, JD

November 19, 2020

2:00 pm EST

 

HR Considerations for 2021

2020 was a rollercoaster for employers and Human Resources departments as a result of the COVID-19 pandemic. Heading into 2021 there are many issues both immediate and well into the future that will be impacted by the pandemic. However, traditional Human Resources initiatives and strategies are still just as important as they have ever been. This webinar will address both pandemic-related concerns heading into the New Year as well as more traditional initiatives that HR departments should be considering moving forward.

Speaker: Jeremy Hertz, JD

December 17, 2020

2:00 pm EST

AHERN is excited to present the first edition (January-April) of our webinar series calendar for 2020!

These webinar programs are valid for one (1) Professional Development Credit towards the SHRM (Society for Human Resource Management) SHRM-CP/SHRM-SCP designations and meets the HR Certification Institute’s (HRCI) criteria for recertification credit pre-approval. Please note that these webinars do not qualify for MCLE credit.

We encourage you to take advantage of these free and informative webinars.

Click on the below invitations to register.




Where are law firm employee benefits heading? What new benefits are being offered and what’s being taken away? Join us as we take a comprehensive look at the latest trends arising in the legal market.

PRESENTED BY:
Reid Middleton | AHERN Insurance Brokerage

DATE:
Tuesday, June 26, 2018

TIME:
11:30 am to 12:00 pm | Check-In/Networking
12:00 pm to 1:00 pm | Lunch and Program

LOCATION:
Bonne Bridges Mueller O’Keefe & Nichols
355 S. Grand Avenue, Suite 1750
Los Angeles, CA 90071-1562

Hosted parking available at Wells Fargo Center.
Entrance to parking at 330 S. Hope Street.

COST: Free

CLM: Pending

RSVP BY: June 22, 2018 at www.glaala.org

Click here for more information.

 

On October 12, 2017, President Trump issued an executive order on healthcare.  The operative provisions of the order relate to association health plans (AHPs), short-term limited duration insurance (STLDI) and health reimbursement arrangements (HRAs).  While the order does not have any immediate impact on existing law or regulations, it directs the federal regulatory agencies (the Departments of Treasury, Labor and Health and Human Services) to consider drafting new regulations that could ultimately have significant impact on health insurance markets.

So what does it all mean?

Click here to continue reading this Benefits Bulletin…

The 2016 general election has had its fair share of twists and turns. On the Democratic side, we witnessed a titanic clash in the form of the moderate Democratic candidate, Secretary Hillary Clinton, and the more left-leaning Sen. Bernie Sanders (D-Vt.). Meanwhile, the Republican camp quickly turned into an “anyone’s game” situation, out of which emerged one of the most unlikely dark horses in electoral history: Republican presidential candidate Donald Trump.

Regardless of who ends up in the Oval Office next January, this much is certain: there exists a multitude of dynamics that could result in seismic shifts within the US healthcare system.

In this white paper, we’ll look at the key policy issues that have potential to significantly shake up employer-sponsored insurance, and how the candidates have aligned themselves with each issue.

Click here to continue reading…