Educate employees about their benefits with the May Benefits & Me Newsletter.
Upcoming Employer Webinar: How Employers Should Handle PCORI Fees
Wed, June 7 | 2-3 PM
The ACA imposes a fee on employers with a Health Reimbursement Arrangement (HRA) or a self-insured plan to fund the Patient-Centered Outcomes Research Institute, also known as Comparative Effectiveness Fees. This Fee is always due by July 31 of the calendar year following the end of the plan year. For plan years ending in 2022, the PCORI fees are due by July 31, 2023.
Join our Senior Vice President of Compliance, Corbin Granger, for a webinar reviewing the PCORI fee, completing Form 720, how to calculate the average number of lives, and more!
The End of the COVID-19 National Emergency
On April 10, 2023, President Biden signed a resolution ending the COVID-19 national emergency that had been in place since 2020. The Biden administration had previously announced a May 11, 2023, end date to both the national emergency and the public health emergency (PHE), but the signing of the bipartisan legislation terminates the national emergency as of April 10, 2023. The PHE is still scheduled to end on May 11, 2023.
UHC Will Eliminate OOP Costs for Virtual Visits
UHC will eliminate out-of-pocket costs for 24/7 Virtual Visits for members enrolled in applicable fully insured employer-sponsored plans effective July 1, 2023.
With 24/7 Virtual Visits, members can connect on demand to a doctor by phone or video through myuhc.com® or the UnitedHealthcare app.
Upcoming Change to Principal ID Cards
Dependent names will no longer appear on Principal paper ID cards issued after May 15, 2023. Members can still find this information on the downloadable ID card shown after logging in on principal.com or on the Principal mobile app.
Note: All ID cards for policyholders in the state of Georgia will continue to display dependent name(s).