Compliance News | LISI Broker

06/12/2019

HHS Clarifies HIPAA Requirements for Business Associates

As a broker, you’re not likely to be considered a covered entity under HIPAA. But, if you have access to private health information, you may still have HIPAA responsibilities as a business associate. ...

05/31/2019

Blue Shield of California Sends Recertification Notices in Response to SB-1375

California Senate Bill SB 1375 changes the eligibility definition for small employer health plans and employees and prohibits sole proprietorship or partnership businesses without eligible “common law...

05/02/2019

TASC Hosts Compliance Webinar Series: April to June 2019

TASC invites you and your clients to join their complimentary series of compliance webinars from April through June. Attendees belonging to SHRM are eligible for CE credits for eligible classes. Pleas...

05/02/2019

MEC Plans - A Solution That Protects Your Clients From ACA Penalties

With LISI’s solution, your clients can offer affordable health care benefits and be protected from potentially costly ACA penalties. For about $50 per employee, per month, employers can purchase cover...

05/02/2019

Compliance Brief: Voluntary Benefits - Compliance and Tax Considerations

More and more employers are choosing to include “voluntary benefits” in the benefit package offered to eligible employees. Voluntary benefits may include coverage for a variety of things including, bu...

02/05/2019

Compliance Alert: Employer Mandate Questions

LISI recently fielded two compliance questions on the employer mandate: Q.We have a group that’s no longer over 50 FTEs. Does the employer have to notify the insurance carrier to send the 1095-B fo...

01/11/2019

Compliance Alert: Employer Mandate Question

Our experts are always on call for compliance support. Here is the answer to a recent question from a broker about the ACA Employer Mandate: Question Does an inactive business still have 2018 e...

11/19/2018

Compliance Alert: IRS Announces 2019 Health FSA Limits

On Thursday, November 15th 2018, the IRS announced the new limits for 2019 with respect to Health FSAs, Transportation/Commuter Plans, and Qualified Parking Plans. Employers who currently offer healt...

10/09/2018

The Small Group Special Enrollment Period FAQs

What is SEP? The Affordable Care Act (ACA) requires health insurers to offer an annual one-month special open enrollment period to employers in the small group market (1-100) who don’t meet the em...

10/08/2018

How Employers Should Handle MLR Rebates

Issue Date: October 2018 Introduction It’s that time of year again. Employers who sponsor a fully insured group health plan may be receiving a Medical Loss Ratio (MLR) rebate from their insurers...

10/03/2018

Compliance Alert: Part D Creditable Coverage Disclosures

Issue Date: September 2018 Introduction Employers sponsoring group health plans that offer prescription drug coverage must notify eligible individuals about whether the coverage is considered “C...

08/10/2018

Compliance — FAQs for FSA Carryovers and HSA Eligibility

As a valued resource for many of our brokers across the state, LISI gets various questions on benefits and compliance. With Q4 approaching, now is the time to study and prepare to answer questions tha...