Tag Archive: health insurance

How Do Multiemployer Plans Claim COBRA Premium Assistance Credit?

How Do Multiemployer Plans Claim COBRA Premium Assistance Credit?

​The Internal Revenue Service (IRS) has issued Notice 2021-31 which provides guidance for multiemployer plans and plan administrators regarding the new credit available to them for providing continuation health coverage… Read more >

18 Prescription Drug Cost-Containment Strategies For Your Plan

18 Prescription Drug Cost-Containment Strategies For Your Plan

Benefits practitioners have grown accustomed to headlines addressing the escalating costs of prescription drug spending. Despite concerted efforts, the cost of commonly prescribed brand-name drugs continues to grow at alarming… Read more >

DOL Releases Model Notices for COBRA Subsidy Under the American Rescue Plan Act of 2021 (ARPA)

DOL Releases Model Notices for COBRA Subsidy Under the American Rescue Plan Act of 2021

​Thirty-five years ago this month, the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) was signed into law. COBRA provides a way for workers and their families to temporarily maintain… Read more >

Organizations Face New Health and Retirement Benefit Implications Due to COVID-19

Organizations Face New Health and Retirement Benefit Implications Due to COVID-19

How has the COVID-19 pandemic impacted employee benefits? The International Foundation has been tracking implications for workplaces across the country, providing a snapshot of the difficult decisions employers and their… Read more >

21 Ways Employers Are Combating Escalating Health Care Costs in 2021

21 Ways Employers Are Combating Escalating Health Care Costs in 2021

Over the next ten years, health care spending in the United States is projected to increase at an annual rate of 5.4%. In response to the cost escalation, plan sponsors… Read more >

Are Laid Off or Furloughed Employees Eligible for Health Care Benefits?

Are Laid Off or Furloughed Employees Eligible for Health Care Benefits?

The coronavirus pandemic has brought layoffs and furloughs to millions of workers across the United States. This bad news can be complicated for individuals with health care coverage through their… Read more >