The annual deadline for reporting and paying the PCORI Fee is quickly approaching. For plan years ending in 2017, the PCORI fees are due by July 31, 2018. This compliance requirement primarily impacts two groups of employers: Employers that sponsor a self-insured health plan Employers that have a fully-insured health plan with a Health Reimbursement [...]Continue Reading →
Posts Tagged 'self-funded medical insurance'
Effective January 1, 2018, Blue Cross Blue Shield of Massachusetts is rolling out a new SmartShopper program. It will be available to employer groups that self-fund their health insurance benefits. Under the program, employees can earn up to $250 in cash rewards per procedure when they shop for and get care from lower cost, quality [...]Continue Reading →
Under the Affordable Care Act, certain employers have an annual obligation to pay the PCORI fee. Generally, this fee applies to employers that have a self-insured group health plan and to employers that have a Health Reimbursement Arrangement (HRA) alongside their fully-insured group health plan. Sponsors of any applicable plans that ended in 2016 must [...]Continue Reading →