Want to stay current on all things health insurance? Sign up for our monthly Employer Newsletter and our Benefits Briefs. Towne Benefits' monthly Employer Newsletter is packed with everything you need to know about industry advancements, changes, news, resources, products and services.

Sign up to receive our Employer Newsletter and Benefits Briefs.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Last Monday
Norfolk, VA
Posted in Benefits Briefs
Effective July 1, 2022, Transparency in Coverage rules require health insurance carriers and health plans to publicly publish large amounts of healthcare data using a Machine-Readable File (MRF) format.
Wednesday, June 8th, 2022
Norfolk, VA
The Transparency in Coverage Final Rules require group health plans and health insurance issuers to disclose on a public website detailed pricing information in three separate machine-readable files (MRFs) by July 1, 2022.
Thursday, May 5th, 2022
Norfolk, VA
Inside this issue: HSA/HDHP Limits Increase for 2023 Employee Retention in Turbulent Times Virginia Aligns Overtime Pay Laws with FLSA  Join Blue Cross NC for a Webinar on Managing Pharmacy Costs Click here to read the May 2022 newsletter!
Thursday, April 7th, 2022
Norfolk, VA
Posted in Benefits Briefs
The IRS has released a proposed rule that would change the existing rules for eligibility for the premium tax credit.
Tuesday, April 5th, 2022
Norfolk, VA
Anthem, Inc., has filed a preliminary proxy statement to change its name. The new name, pending shareholder approval in May, will be Elevance Health.
Wednesday, March 2nd, 2022
Norfolk, VA
From now through March 30, 2022, Optima members could win a $100 gift card to the retailer of their choice.
Thursday, February 3rd, 2022
Norfolk, VA
Under the newly passed law, the Consolidated Appropriations Act (CAA), compensation paid to a broker must be disclosed to both fully insured and self-insured group health plans.
Wednesday, January 19th, 2022
Norfolk, VA
Posted in Benefits Briefs
A recent announcement from the federal government intends to increase access to COVID-19 testing. As of January 15, 2022, members can get reimbursed by their health plan without cost-share for the costs of over-the-counter (also called...
Thursday, January 6th, 2022
Norfolk, VA
Inside this issue: Upcoming Drug Changes for BCBSNC Medicare Savings Programs Roanoke Oral Surgery Leaving Anthem Network OSHA Vaccine ETS Reinstated for Private Employers Click here to read the full January 2022 newsletter!
Thursday, December 16th, 2021
Norfolk, VA
Posted in Benefits Briefs
The IRS has released a proposed rule that extends the annual furnishing deadlines for Sections 6055 and 6056 reporting under the ACA.
Thursday, December 2nd, 2021
Norfolk, VA
Inside this issue: Anthem HSA Transition for ACH Processing (VA) How Medicare Beneficiaries can Appeal Income-Related Charges that Result in Higher Premiums Valley Health Leaving Optima Network Suspension of OSHA Vaccine &...
Friday, November 5th, 2021
Norfolk, VA
Posted in Benefits Briefs
The Occupational Safety and Health Administration’s (OSHA) Emergency Temporary Standard (ETS) relating to COVID vaccinations has been released and will be published in the Federal Register on November 5, 2021. Below are some key provisions that may...
Thursday, November 4th, 2021
Norfolk, VA
Inside this issue: Enhancements to Cigna's Employer Portal Optima Health Partners with CareCentrix Medicare Rules for HSAs After 65 Group Size Survey for BCBSNC Click here to read the full November 2021 newsletter!
Wednesday, October 6th, 2021
Norfolk, VA
Inside this issue: MLR Rebate Updates Updated Member ID Cards for Anthem (VA) and BCBS (NC) New UnitedHealthcare Wellness Offering Cigna January 2022 Pharmacy Update Click here to read the October 2021 Newsletter!
Tuesday, September 7th, 2021
Norfolk, VA
Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to CMS whether the health plan’s prescription drug coverage is creditable.
Thursday, August 19th, 2021
Norfolk, VA
Posted in Benefits Briefs
Starting on July 1, 2021, each insurer proposing to issue individual or group accident and sickness insurance policies providing short-term disability (STD) income protection coverage whose policies provide coverage for short-term disability arising...
Tuesday, August 10th, 2021
Norfolk, VA
The Virginia Human Rights Act has been amended to require reasonable accommodations for disabilities that apply to employers with more than 5 employees.
Thursday, July 8th, 2021
Virginia Beach, VA
Inside this issue: PCORI Fees are Due August 2, 2021 Medicare Could Soon Include Dental, Vision and Hearing Benefits Optima's 100% COVID-19 Coverage Ended June 30 8 Policies to Update Before Returning to Work Anthem &...
Wednesday, June 9th, 2021
Virginia Beach, VA
The American Rescue Plan Act (ARPA) provides that individuals on state health continuation due to loss of group health coverage from either termination of employment or reduction in hours receive a 100% premium subsidy for their continuation coverage for a period potentially from April 1, 2021 through September 30, 2021
Thursday, May 6th, 2021
Virginia Beach, VA
Anthem, along with other Blue Cross and Blue Shield plans and the Blue Cross and Blue Shield Association, recently agreed to settle a multi-district litigation.
Thursday, April 8th, 2021
Virginia Beach, VA
One of the goals of the $1.9 trillion stimulus package was to increase the affordability of individual health insurance. This goal was achieved by dramatically increasing government subsidies to help pay for the cost of coverage.
Wednesday, March 24th, 2021
Virginia Beach, VA
Posted in Benefits Briefs
A primary purpose of The ARPA was to provide financial assistance with obtaining or retaining health insurance. The ARPA provides a 100% subsidy of COBRA premiums for six-months.
Thursday, March 4th, 2021
Virginia Beach, VA
Inside this issue: New Guidance on COVID-19 Outbreak Period Walgreens No Longer in Anthem Network Update to our Towne Benefits Compliance Agreements COVID-19 Vaccine Information   Click here to read the full March 2021...
Wednesday, February 10th, 2021
Virginia Beach, VA
Inside this issue: Reporting Deadlines Approaching Upcoming Employer Webinar, 2021: What’s Next for Benefits and Human Resources? BeneFlex Software Upgrade Optima Health Member COVID-19 Coverage Extended to March 31,...
Friday, January 29th, 2021
Virginia Beach, VA
Posted in Benefits Briefs
President Biden's executive actions include an executive order aimed at expanding enrollment in the Affordable Care Act (ACA) and Medicaid, and a memorandum rescinding regulations on reproductive health access. Biden’s executive order on health...
Thursday, January 21st, 2021
Virginia Beach, VA
Posted in Benefits Briefs
A new year always brings changes and so it goes with health plans as well!
Monday, January 11th, 2021
Virginia Beach, VA
Inside this issue: Optima Member COVID-19 Coverage Extended to February 28, 2021 Employer Updates for 2021 Anthem Extends Health Plan Timeframes   Click here to read the full January 2021 newsletter!
Thursday, December 3rd, 2020
Virginia Beach, VA
Inside this issue: Encouraging Employees to Use Telehealth Services Anthem Member Network Changes Ways to Manage Poor Performance Among Remote Employees Upcoming Webinars Click here to read the full December 2020 newsletter!
Thursday, November 5th, 2020
Virginia Beach, VA
On Oct. 27, 2020, the IRS announced that the health FSA dollar limit on employee salary reduction contributions will remain at $2,750 for taxable years beginning in 2021.
Thursday, October 8th, 2020
Virginia Beach, VA
Federal law requires that health insurance carriers spend a certain percentage of fully insured plan premiums on medical care. If they spend less, they refund that money to their group clients.
Tuesday, September 22nd, 2020
Virginia Beach, VA
Posted in Benefits Briefs
Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D whether the health plan’s prescription drug coverage is creditable.
Wednesday, September 2nd, 2020
Virginia Beach, VA
If you are confused about COBRA, you are in good company. COBRA can be difficult to administer. With COVID 19 and the recent changes to COBRA administration designed to help COBRA beneficiaries by providing more time to elect and pay for COBRA, it just became infinitely more difficult.
Thursday, August 6th, 2020
Virginia Beach, VA
Virginia is the first state in the US to pass a comprehensive occupational safety and health standard that deals exclusively with the coronavirus and COVID-19 disease.
Thursday, July 2nd, 2020
Virginia Beach, VA
Disaster Relief Notices have introduced FSA plan changes due to COVID-19. Allowing mid-year election changes, extending grace periods, and more - discover what each notice entails and find out what they really mean for employers.
Thursday, June 18th, 2020
Posted in Benefits Briefs
The ACA imposes a fee on employers with an HRA or a self-insured plan in order to fund comparative effectiveness research. These fees are widely known as Patient-Centered Outcomes Research Institute (PCORI) fees.
Thursday, June 4th, 2020
Virginia Beach, VA
As a response to the COVID-19 challenges, Anthem is issuing premium credits to all Fully Insured employer groups based on their April 2020 invoices.
Wednesday, May 13th, 2020
Virginia Beach, VA
Many states are putting plans into place to restart the economy. By taking workplace preparedness steps such as updating office layouts, encouraging new behaviors and evaluating existing policies, employers can help further prevent the spread of COVID-19 and protect the health and safety of employees.
Thursday, April 9th, 2020
Virginia Beach, VA
These are difficult times for countless employees. Many difficult decisions must be made within a very short time. To that end, I want to extend our services, without cost, to any employee who’s lost their job.
Wednesday, April 1st, 2020
Virginia Beach, VA
Posted in Benefits Briefs
It is heartbreaking to witness the destruction COVID-19 is reaping upon our community and the world. We are saddened by the shuttering of businesses, the furloughs and layoffs that have followed and, most of all, by the loss of life that has and...
Friday, March 27th, 2020
Virginia Beach, VA
Posted in Benefits Briefs
Congress passed a $2 trillion economic stimulus package by an overwhelming vote in the Senate and the House. President Trump is expected to sign the bill immediately.
Thursday, March 19th, 2020
Virginia Beach, VA
Posted in Benefits Briefs
The Act requires employers to provide paid leave for some employees related to the coronavirus (COVID-19) pandemic, among other measures.
Monday, March 9th, 2020
Virginia Beach, VA
Introducing MyWave Connect to Towne Benefits Employer Clients!
Friday, March 6th, 2020
Virginia Beach, VA
Posted in Benefits Briefs
Compliance Issues for Employers.
Thursday, February 6th, 2020
Virginia Beach, VA
The Department of Health & Human Services has Increased Civil Penalties for HIPAA Violations.
Monday, January 13th, 2020
Virginia Beach, VA
A Proposed Rule on Health Care Transparency Could Affect Employer Plans.
Friday, January 3rd, 2020
Virginia Beach, VA
Posted in Benefits Briefs
On December 20, 2019, President Trump signed into law a spending bill that prevents a government shutdown and repeals three taxes under the ACA.
Thursday, December 12th, 2019
Virginia Beach, VA
Posted in Benefits Briefs
The IRS has released the final 2019 forms and instructions for reporting under Internal Revenue Code Sections 6055 and 6056.
Tuesday, December 10th, 2019
Virginia Beach, VA
One Hampton Roads Small Business could win the $10,000 Community Care Award from UnitedHealthcare!
Wednesday, November 20th, 2019
Virginia Beach, VA
Posted in Benefits Briefs
Beginning in 2020, employers of all sizes may implement a new HRA design – an individual coverage HRA (ICHRA) – to reimburse their eligible employees for insurance policies purchased in the individual market or Medicare premiums.
Monday, November 11th, 2019
Virginia Beach, VA
The IRS has announced Employee Benefit Plan Limits for 2020.
Friday, October 11th, 2019
Virginia Beach, VA
Pay or Play Penalties will Increase for 2019 and 2020!
Wednesday, October 9th, 2019
Virginia Beach
Posted in Benefits Briefs
The annual disclosure notice should be given to employees before Oct. 15, 2019.
Monday, September 30th, 2019
Virginia Beach
Posted in Benefits Briefs
The ACA established medical loss ratio (MLR) rules to help control health care coverage costs and ensure that enrollees receive value for their premium dollars.
Wednesday, September 18th, 2019
Virginia Beach
Posted in Benefits Briefs
HealthJoy is a mobile app that helps employees make better healthcare decisions by providing guidance for healthcare decisions.
Wednesday, September 11th, 2019
Virginia Beach, VA
Medicare Part D Notices are Due Before October 15, 2019!
Thursday, August 8th, 2019
The IRS has Expanded Preventive Care for HDHPs to Include Chronic Conditions!
Tuesday, July 16th, 2019
Dominion National Member Security Breach
Monday, June 17th, 2019
Medical Loss Ratio Information Needed
Thursday, June 6th, 2019
Posted in Benefits Briefs
The Department of Health and Human Services (HHS) released its final Notice of Benefit and Payment Parameters for 2020.
Wednesday, June 5th, 2019
Posted in Benefits Briefs
Employers who sponsored an HRA or a self-insured plan with a plan year ending in 2018 owes PCORI fees by July 31, 2019.
Thursday, May 9th, 2019
May is Mental Health Awareness Month!
Thursday, April 11th, 2019
Anthem's EmployerAccess Portal is Getting a Makeover!
Thursday, April 4th, 2019
Posted in Benefits Briefs
The DOL is Issuing a New Proposal on Overtime Exemptions
Tuesday, March 19th, 2019
What to do if you Receive an Employer Penalty Letter from the IRS...
Friday, February 22nd, 2019
Posted in Benefits Briefs
Attention Anthem Members: New Member ID Cards are Coming!