Employee Benefits Bulletin: June 2015

Agencies Plan to Issue Final Rules for SBC Requirements On March 31, 2015, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) issued Frequently Asked Questions (FAQ) announcing their intention to issue final regulations for the Affordable Care Act’s (ACA) summary of benefits and coverage (SBC) and uniform glossary requirement. These regulations will finalize the proposed regulations from Dec. 22, 2014. The ACA requires these disclosure tools—the SBC and uniform glossary—to help consumers … read more

ACAP CEO Summit 2015

As an ACAP Preferred Vendor, Dubraski & Associates is honored to participate in the 2015 ACAP CEO Summit held in Washington, DC through June 16th. “ACAP’s annual invitation-only CEO Summit is ACAP’s signature event for Medicaid-focused health plans. It brings together leaders of Medicaid managed care plans, policymakers, and other thought leaders in health care to discuss common challenges and highlight best practices in Medicaid.” For more information on this event, visit ACAP’s website. read more

Risk Strategies Company Acquires Dubraski & Associates, Strengthens National Healthcare Practice

National Insurance and Risk Management Broker Continues Strategic Expansion BOSTON, MA–(Marketwired – Jun 3, 2015) –  Risk Strategies Company, a national insurance brokerage and risk management firm headquartered in Boston, today announced it has acquired Dubraski & Associates Insurance Services, a national brokerage and consulting firm that provides risk and insurance solutions to the healthcare industry. Ranked in the top 25 brokers nationally with nearly $120 million in revenues, Risk Strategies will now have 500 … read more

Employee Benefits Bulletin: May 2015

HHS Issues Final Rule Affecting ACA for 2016 On Feb. 27, 2015, the Department of Health and Human Services (HHS) published its final Notice of Benefit and Payment Parameters for 2016. This final rule describes benefit and payment parameters applicable to the 2016 benefit year, including standards relating to: The reinsurance program’s annual contribution rate for 2016; The 2016 open enrollment period for individual policies; and The 2016 annual limitations on cost-sharing. The reinsurance program … read more

Employee Benefits Bulletin: April 2015

New Guidance for Employer Payments of Individual Premiums In late February, the Internal Revenue Service (IRS) released Notice 2015-17, which offers guidance on the prohibition of employer payment plans. These plans are arrangements that pay for or reimburse premiums for individual health plans. The notice reiterates that employer payment plans are not compliant with the Affordable Care Act (ACA) provisions that took effect in 2014. However, the notice also states that an increase in employee … read more

Employee Benefits Bulletin: March 2015

Individual Mandate Penalty Cap The Affordable Care Act (ACA) requires most individuals to either obtain acceptable health insurance coverage for themselves and their family members or pay a penalty. This rule is often referred to as the individual mandate. The individual mandate went into effect beginning 2014. The penalty amount for not having health coverage is the greater of two amounts: A flat dollar amount A percentage of the individual’s income However, the penalty amount that an … read more

AMGA 2015 Annual Conference

Dubraski & Associates is looking forward to the AMGA 2015 Annual Conference, which has become a premier destination for the healthcare industry in education, networking, and innovation. The conference will take place in Las Vegas, March 23-26. See you there! For more information, visit AMGA.org. read more

Employee Benefits Bulletin: February 2015

New Regulations Proposed for Summary of Benefits and Coverage On Dec. 22, 2014, the U.S. Departments of Health and Human Services, Labor and the Treasury (Departments) released proposed regulations regarding the summary of benefits and coverage (SBC). The proposed regulations would amend the final SBC regulations from Feb. 14, 2012. Also released were a proposed SBC template, instructions, uniform glossary and other materials. According to the Departments, the proposed changes are designed to improve consumers’ … read more

Employee Benefits Bulletin: January 2015

HHS Issues Proposed Benefit and Payment Parameters for 2016 On Nov. 21, 2014, the Department of Health and Human Services (HHS) issued the 2016 Notice of Benefit and Payment Parameters Proposed Rule, which contains several proposed changes for 2016. Among these changes are adjustments to the reinsurance program’s annual contribution rate, the Health Insurance Marketplace open enrollment period for 2016 and following years, and annual limitations on cost-sharing. The transitional reinsurance program, created by the … read more