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Alegeus Announces Recipients of 2022 APEX Awards for Client Excellence

The APEX (Alegeus Performance Excellence) awards honor clients who have demonstrated leadership and achieved exceptional business results using the Alegeus platform. Clients received recognition at the virtual 2022 Alegeus Client Success Summit on April 4, 2022. Peak One Administration won in the category of Employee Penetration Rate, which recognizes exceptional results in helping a high rate of eligible employees enroll in CDH accounts and take control of their healthcare spending. “We are pleased to honor this year’s winners for their outstanding performance and dedication,” said Karen Thomas, chief growth officer at Alegeus. “Their efforts help to drive the consumer-directed healthcare… Read More

Biden Administration Starts Taking Orders for Free Covid-19 Tests

Website opens in pilot phase a day ahead of its planned debut The tests are likely to start to ship in late January, the U.S. Postal Service says. By Brianna Abbott Follow Updated Jan. 18, 2022 4:58 pm ET The Biden administration began taking orders for free Covid-19 tests on Tuesday, a day ahead of the planned launch of its website for ordering and distributing rapid Covid-19 tests to Americans. The website is operating at limited capacity ahead of the official launch, White House press secretary Jen Psaki said. She called it a standard practice to address troubleshooting and ensure… Read More

Biden-Harris Administration Requires Insurance Companies and Group Health Plans to Cover the Cost of At-Home COVID-19 Tests, Increasing Access to Free Tests

January 10, 2022   CMS NEWS FOR IMMEDIATE RELEASE   Contact: CMS Media Relations CMS Media Inquiries   As part of its ongoing efforts across many channels to expand Americans’ access to free testing, the Biden-Harris Administration is requiring insurance companies and group health plans to cover the cost of over-the-counter, at-home COVID-19 tests, so people with private health coverage can get them for free starting January 15th. The new coverage requirement means that most consumers with private health coverage can go online or to a pharmacy or store, buy a test, and either get it paid for up front by… Read More

PCORI fee for Self-Insured Health Plans is updated by IRS

On December 21, 2021, the IRS released Notice 2022-4 which updated the amount of the Patient-Centered Outcomes Research Trust Fund fee that self-insured health plans must pay for plan years ending on or after October 1, 2021, and before October 1, 2022. The PCORI fee is calculated using the average number of lives covered under the policy or plan and the applicable dollar amount for that policy year or plan year. The applicable dollar amount was $2.00 when the fee was enacted as part of the Affordable Care Act and that amount is increased annually based on increases in the… Read More

IRS Extends ACA Reporting Deadline for Furnishing Statements for 2021 for 30 days

 November 24, 2021   In proposed regulations released on November 22, 2021, the IRS permanently and automatically extends the deadline for 30 days from January 31, 2022 each year for employers and insurers to furnish individual statements on health coverage and full-time employee status (Forms 1095-B and 1095-C). This new requirement applies to the 2021 reporting (March 2, 2022).   The proposed regulations do not extend the good-faith penalty relief to 2021 for incorrect or incomplete reports due in 2022.   In the proposed regulations, the IRS did not extend the due date for filing the 1094 and 1095 forms… Read More