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Federal: Prescription Drug Data Collection Reporting Update

The Consolidated Appropriations Act, 2021 (CAA), Title II, Division BB, included a new annual reporting requirement for group health plans and health insurers to report certain specified data related to prescription drugs and other healthcare spending, known as the prescription drug dat..

Important Date 06/03/2024

Federal: 2025 Inflation-Adjusted Amounts for HSAs and HDHPs Released; ACA Out-of-Pocket Limits

On May 9, 2024, the IRS released Rev. Proc. 2024-25 , announcing the 2025 health savings accounts (HSAs) and high deductible health plans (HDHPs) inflation-adjusted amounts: Annual HSA contribution limits:Self-coverage only: $4,300 ($150 increase from 2024) Family coverage

Passage Date 05/09/2024

Federal: HIPAA Privacy Rule Update

The Department of Health and Human Services (HHS) published an update to the Health Insurance Portability and Accountability Act (HIPAA) Privacy Rule on April 26, 2024. The final rule , originally drafted in 2023 after the U.S. Supreme Court decision in Dobbs v. Jackson Women’s

Passage Date 04/26/2024

Federal: New Rule for Fixed-Indemnity and Specific-Disease or Illness Policies

The IRS, the Department of the Treasury, the Employee Benefits Security Administration, the Department of Labor, the Centers for Medicare & Medicaid Services, and the Department of Health and Human Services (collectively the federal departments) published a proposed rule on

Passage Date 04/03/2024