PBMs

Group Health Plan Affordability Level Cut Significantly for 2024

Group Health Plan Affordability Level Cut Significantly for 2024

The IRS has significantly reduced the group plan affordability threshold — which is used to determine if an employer's lowest-premium health plan meets the Affordable Care Act rules — for 2024. The threshold for next year has been set at 8.39% of an employee's...

Report: Group Health Plan Cost Inflation to Pick Up Steam

Report: Group Health Plan Cost Inflation to Pick Up Steam

A new report by Aon warns employers to expect average group health insurance costs to increase 8.5% in 2024, as inflation starts hitting the cost of delivering care as well as pharmaceuticals. The report predicts that employers will pay an average of $15,088 in 2024,...

The Beacon – August 28, 2023

The Beacon – August 28, 2023

MZQ Beacon Alert -August 28, 2023 In this Edition: "Just when we thought affordability percentages couldn’t possibly go lower than the 2023 rate of 9.12%, theInternal Revenue Service released Revenue Procedure 2023-29 declaring the Affordable Care Act (ACA)benchmark...

Budgeting and Prepping for Open Enrollment

Budgeting and Prepping for Open Enrollment

If you are running a business, you need to get an early start on preparations for your small group health plan open enrollment, particularly now as so much confusion abounds about the state of health insurance in the country. With recent new regulations, options have...

The Beacon – August 10, 2023

The Beacon – August 10, 2023

MZQ Beacon Alert -August 10, 2023 In this Edition: "With the ongoing issue of Medicaid redetermination taking place across the nation, the Centers for Medicare & Medicaid Services (CMS), the Treasury, and the Department of Labor (collectively, the Agencies) are...

Handling Health Insurance for Remote Workers

Handling Health Insurance for Remote Workers

Since the COVID-19 pandemic, more employers are allowing their staff to work remotely on a permanent basis, often allowing them to never have to set foot in the office again. This newfound freedom for American workers has allowed many of them to leave the cities they...

The Risk Report – August 2023

The Risk Report – August 2023

Download Volume 5, Issue 8 of The Risk Report In this Edition: New Mental Health Parity Rule Would Expand Care SCOTUS Sets New Bar for Declining Requests Changes May be Coming to PBMs Affecting Plan Costs Handling Health Insurance for Remote Workers Download the...

The Beacon – August 2, 2023

The Beacon – August 2, 2023

MZQ Beacon Alert -August 2, 2023 In this Edition: "On Tuesday, July 25th, the federal Departments of Health and Human Services, Labor, and Treasury ("the Departments") introduced a much-anticipated update to current regulations dealing with the Mental Health Parity...

New Mental Health Parity Rules Would Expand Care

New Mental Health Parity Rules Would Expand Care

With mental health in the forefront as patients demand greater access to psychologists and psychiatrists, the Biden administration in July 2023 proposed new regulations aimed at requiring health insurers to expand their mental health coverage. The proposal aims to...