Life & Health Insurance Updates
ACA Compliance Bulletin:
HHS Suspends ACA Risk Adjustment Payments
Overview
On July 7, 2018, the Department of Health and Human Services (HHS) Centers for Medicare & Medicaid Services (CMS) halted payments to insurers under the risk adjustment program as a result of ongoing litigation. Risk adjustment is a permanent program under the Affordable Care Act (ACA) that provides payments to insurers that attract higher risk populations by transferring funds from plans that enroll the lowest risk individuals to those plans that enroll the highest risk individuals. [...]
Compliance Bulletin: HSA/ HDHP Limits will Increase for 2019
Overview
On May 10, 2018, the IRS released Revenue Procedure 2018-30 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2019. These limits include: [...] Read more |