As one of the year's hottest topics, you have undoubtedly heard about the Consolidated Appropriations Act of 2021 (CAA). While we at Bolton believe it brings great opportunities for health plans to own their data and make better healthcare purchasing decisions, not all parties embrace the CAA’…Continued
By Anirban Basu, Sage Policy GroupAt the heart of America’s rapid economic recovery from the pandemic and ability to fend off recession to date has been the American consumer. Retail sales expanded 7 percent in 2022 and are expected to rise 4-6 percent in 2023, according to the National Retail Fede…Continued
The end of the year is usually an extremely busy time for HR professionals. There’s a lot they must do in a relatively short time period to close out the year and prepare for the upcoming one. A smooth and effective year-end process can help ensure HR professionals comply with relevant laws and reg…Continued
On Nov. 9, 2023, the IRS released Revenue Procedure 2023-34 (Rev. Proc. 23-34), which includes the inflation-adjusted limit for 2024 on employee salary reduction contributions to health flexible spending accounts (FSAs). For plan years beginning in 2024, the adjusted dollar limit on employees’ pre-…Continued
Litigation Coming to Health Plans?Over the past two decades, fiduciary breach lawsuits targeting retirement plans have exerted immense pressure on pension plans. The result? A transformed pension plan industry with lower fees, increased participation and investment performance, and improved transpa…Continued
The IRS has released final 2023 forms and instructions for reporting under Internal Revenue Code Sections 6055 and 6056:2023 Forms 1094-B and 1095-B (and instructions) will be used by providers of minimum essential coverage, including self-insured plan sponsors that are not applicable large employe…Continued
