Keeping Up With Clinical Risk Management:
Articles
COBRA Subsidy – Updated Form 941
Wednesday, July 14, 2021
Form 941, the employer’s quarterly federal tax return, has been updated to allow employers to claim a credit for any COBRA subsidies provided to assistance eligible individuals in accordance with §9501 of the American Rescue Plan Act of 2021 (ARP).
Surprise Billing – “Part 1” of Regulations Issued
Monday, July 12, 2021
On July 1, 2021, The Office of Personnel Management (OPM), along with the departments of Health and Human Services (HHS), Labor (DOL), and Treasury released “Part 1” of regulations implementing the No Surprises Act.
Important Changes to Student Loan Repayment Programs
Thursday, July 1, 2021
Student loan repayment programs are a valuable tool for recruitment and retention for employers looking for talent. American Student Assistance (ASA) found that 86% of employees would be willing to commit five years of their career to a company that helps them pay down their student debt.
Key Insurance Changes From The Washington State 2021 Legislative Session
Tuesday, June 22, 2021
Parker, Smith & Feek Account Executive Chris Corry provides an overview of the insurance decisions made during the latest legislative session in the Puget Sound Business Journal
COVID-19’s Impact on Virtual Care
Thursday, June 17, 2021
The Covid-19 pandemic dramatically increased usage of virtual care over the last year, and the trend is only increasing as a return to normalcy is on the horizon.
How Hiring Has Changed After COVID-19
Wednesday, June 9, 2021
Recruiters should be mindful of how COVID-19 has changed the job market in general and understand the unique way your specific industry has been impacted so that you can position roles well for your hiring pool.
COVID Vaccine Incentives
Monday, June 7, 2021
Employers are generally allowed to provide COVID vaccine incentives to employees who obtain the vaccine, so long as wellness program rules are followed.
Improve Workers’ Compensation Costs With CCPAP
Thursday, June 3, 2021
The NCCI Contracting Classification Premium Adjustment Program (CCPAP) is a workers’ compensation discount program that provides premium credits to employers that pay higher than average wages to employees classified within contracting class codes.
HSA Requirements and Limits for 2022
Tuesday, June 1, 2021
The IRS released the 2022 health savings account (HSA) annual contribution limits and high deductible health plan (HDHP) requirements in IRS Rev. Proc. 2021-25.
Keeping Up With Clinical Risk Management:
Supporting Your Healthcare Providers through the Stress of Litigation
Wednesday, May 26, 2021
Regardless of where a healthcare professional may be in their career, defending the care they provided in a medical malpractice case can be an extremely stressful, emotionally demanding, and lengthy process.
IRS Releases Additional COBRA Subsidy Guidance
Monday, May 24, 2021
The Internal Revenue Service (IRS) has issued Notice 2021-31 (the Notice) which includes significant guidance regarding the American Rescue Plan (ARP) COBRA subsidy. The Notice answers some of the outstanding questions employers have and provides clarification to other important COBRA subsidy issues. Overview The Notice includes a summary of the COBRA subsidy requirement, a review […]
Five Things You Need to Know About Captive Insurance
Tuesday, May 18, 2021
A captive is an alternative risk management strategy where an insurance company is owned by its insured(s). The captive then insures some or all of the risks of its parent company and any associated groups. Often, the risks insured in a captive are either very difficult to insure in the commercial insurance market or are very costly.
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