resources
December 6, 2019
Compliance Recap | November 2019
November was a busy month in the employee benefits world. The Internal Revenue Service (IRS) released draft 2019 instructions for Forms 1094-B, 1095-B, 1094-C, and 1095-C. The IRS also released health plan limits and various compensation, benefit, and contribution levels under qualified ...
December 2, 2019
IRS Releases Draft Forms and Instructions for 2019 ACA Reporting
Background Under the Patient Protection and Affordable Care Act (ACA), applicable large employers (ALEs) are required to offer health benefits to their full‑time employees and individuals are required to have health insurance, although the penalty is $0 for failing to have minimum essential ...
November 22, 2019
Proposed Rules on Coverage Transparency and Final Rules on Hospital Price Transparency
On November 15, 2019, the Internal Revenue Service (IRS), Department of Labor (DOL), and the Department of Health and Human Services (HHS) (collectively, Departments) released proposed rules on coverage transparency. The proposed rules seek to give an estimate of plan participants’ potential ...
November 19, 2019
The Three Key Phrases for a Smarter Adoption of AI
Like so many other rapidly modernizing professions, HR is undergoing a massive transformation from the advent of AI-assisted technology. When used properly, machine learning and artificial intelligence (AI) can be a powerful and valuable assistant, one that can automate tedious and ...
November 19, 2019
How to Train and Develop Your Employees the Right Way
In today’s corporate landscape, training and development, or learning and development (L&D), plays an integral role in the way employees are scouted, retained, and promoted. One state-of-the-industry L&D study from LinkedIn indicated that 82 percent of L&D pros say that their ...
November 19, 2019
A Recession in 2020? Here’s What the Experts Say, and How You Can Prep for It
With the upcoming decade bringing new benefit opportunities, open enrollment, and brand new positions, the future looks bright for businesses of every size and sector. But as the world looks to 2020 and beyond, some finance experts say the next decade won’t be all smooth sailing. While ...
November 19, 2019
It’s Time to Give Your Performance Review a Performance Review
If you’ve felt the itch to reimagine your company’s performance review structure, your head is probably in the right place. According to a recent Deloitte survey, 58 percent of executives believe that their current performance management processes neither drive employee engagement nor high ...
November 12, 2019
Advocacy in Action | Recovering Claims Sent to Collections
A member had a preventative colonoscopy. All of his claims processed as preventative at 100% with the exception of the lab charges. The lab sent the member a bill for $730. The member contacted Purple Card for help. Our Patient Advocate reviewed the claims and then contacted the lab to make ...
November 4, 2019
Compliance Recap | October 2019
October was a relatively quiet month in the employee benefits world. The U.S. District Court for the Northern District of Texas vacated portions of the current rule implementing Section 1557 that prohibit discrimination on the basis of gender identity and pregnancy termination. The U.S. Court ...
October 29, 2019
How to Handle Pay-History Inquiries – The Right Way
We’ve all been there. You’ve gotten deep into the job interview process, and then you’re face-to-face with the awkward question: would you share your previous salary? Whether the question rears its head in a digital application or during initial in-persons, none of us like answering it. Many ...
