Monthly Newsletters

Thursday, November 3rd, 2022
Norfolk, VA
The IRS has released the final 2022 forms for 6055 and 6056 reporting.
Wednesday, October 5th, 2022
Norfolk, VA
Anthem groups and Individual members in Virginia will receive 2021 medical loss ratio (MLR) rebates this year. The MLR provision of the ACA encourages health plans to spend most of the premium dollars they collect on healthcare costs rather than overhead.
Thursday, September 8th, 2022
Norfolk, VA
While the Inflation Reduction Act is primarily aimed at fighting inflation and reducing carbon emissions, it also contains a number of reforms that will impact health coverage. The health reforms included in the bill have staggered effective dates and will be implemented over the next several years.
Thursday, August 4th, 2022
Norfolk, VA
On August 1, the IRS issued the contribution percentages in 2023 for determining the affordability of an employer’s plan under the ACA.
Wednesday, July 6th, 2022
Norfolk, VA
The ACA imposes a fee on employers with a Health Reimbursement Arrangement (HRA) or a self-insured plan in order to fund the Patient-Centered Outcomes Research Institute.
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!
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.
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 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 &...
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.
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.
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,...
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.
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 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.
Monday, March 9th, 2020
Virginia Beach, VA
Introducing MyWave Connect to Towne Benefits Employer Clients!
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.
Tuesday, December 10th, 2019
Virginia Beach, VA
One Hampton Roads Small Business could win the $10,000 Community Care Award from UnitedHealthcare!
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, 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