MZQ Beacon Alert - May 18, 2023 In this Edition: "On May 16, 2023, the Internal Revenue Service released updates to the maximum annual 2024 contribution limits for health savings accounts (HSAs) under high deductible health plans (HDHPs). These limits, which have...
MZQ Beacon Alert - April 12, 2023 In this Edition: "On April 10th, 2023, President Biden signed H.J. Res. 7 into law, thereby ending the national state of emergency related to COVID-19 that was declared under the National Emergencies Act." Download the report to learn...
MZQ Beacon Alert - March 29, 2023 In this Edition: "The federal Centers for Medicare and Medicaid Services released the 2022 instructions for the prescription drug and health care spending data collection (RxDC) requirement on Monday, March 27, 2022. RxDC is the new...
MZQ Beacon Alert - March 14, 2023 In this Edition: "The Affordable Care Act (ACA) requires applicable large employers (ALEs), meaning employers that averaged at least fifty full-time employees (including full-time equivalent employees) during the preceding calendar...
MZQ Beacon Alert - March 6, 2023 In this Edition: "The new compliance obligations that the Consolidated Appropriations Act of 2021 (CAA, 21) created for employ-sponsored plans can seem endless at times. One of the lesser-known parts of the CAA, 21 is the prohibition...
MZQ Beacon Alert - December 30, 2022 In this Edition: "On December 23, 2022, the Consolidated Appropriations Act, 2023 (CAA23) was signed into law. While this legislation does not include as many health provisions as the CAA of 2021, it does include anticipated relief...
MZQ Beacon Alert - December 27, 2022 In this Edition: "Late in the afternoon on December 23, 2022, the Administration issued Affordable Care Act FAQ #56, and in doing so gave a little holiday gift to all group health plans nationwide. The guidance establishes limited...
MZQ Beacon Alert - December 22, 2022 In this Edition: "The Department of Health and Human Services has announced the new out-of-pocket (OOP) limits that will apply to group and individual health plans during the 2024 plan year. To comply with the ACA,...
MZQ Beacon Alert - December 20, 2022 In this Edition: "The end of the 2022 calendar year is fast approaching, and with it come numerous deadlines that can directly or indirectly impact employer group health plans. [In this document you'll find] an overview of several...
MZQ Beacon Alert - October 19, 2022 In this Edition: On October 18, 2022, the Internal Revenue Service issued Revenue Procedure 2022-38 that sets forthvarious 2023 tax-related limits that have been adjusted for inflation. The table below identifiesupdates to the 2023...