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W-2 Reporting for 2020 Calendar Year

W-2 Reporting for 2020 Calendar Year plblackwell@me…Tue, 12/22/2020 - 10:20Employers who issue 250 or more W-2 Forms are required to report the cost of employer-sponsored group health plan coverage on...

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Flexible Spending Accounts and the Consolidated Appropriations Act

Flexible Spending Accounts and the Consolidated Appropriations Actplblackwell@me…Fri, 01/08/2021 - 11:32On December 27, 2020, the President signed into law another wide-ranging COVID-19 relief bill,...

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Coverage for COVID-19 Vaccine(s)

Coverage for COVID-19 Vaccine(s)plblackwell@me…Mon, 01/11/2021 - 14:21In the race to protect people from the coronavirus, the Food and Drug Administration (FDA) has fast tracked approval of several...

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Compliance Update - COVID-19 Deadline Extensions, COBRA Subsidies, Mental...

Compliance Update - COVID-19 Deadline Extensions, COBRA Subsidies, Mental Health Parity, Surprise Billing, and Transparencyplblackwell@me…Wed, 03/17/2021 - 11:36 MedCost wants to share several...

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COVID-19 Vaccination Coverage Extended to Include Out-of-Network Providers

COVID-19 Vaccination Coverage Extended to Include Out-of-Network Providersplblackwell@me…Mon, 03/22/2021 - 09:33As you may recall, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)...

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Compliance Update - COBRA Premium Subsidies

Compliance Update - COBRA Premium Subsidies plblackwell@me…Mon, 04/12/2021 - 08:52We are writing to follow up on our prior communication regarding COBRA Premium Subsidies available under the American...

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MedCost Releases 2020 Care Management Outcomes

MedCost Releases 2020 Care Management Outcomesjcarter@medcost.comThu, 04/29/2021 - 09:48Employer News

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Information for Filing Comparative Effectiveness Tax (PCORI Fee) in July 2021

Information for Filing Comparative Effectiveness Tax (PCORI Fee) in July 2021plblackwell@me…Wed, 05/19/2021 - 15:41OverviewThe Affordable Care Act imposes a fee on health insurers and plan sponsors of...

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Additional IRS Guidance on COBRA Subsidies

Additional IRS Guidance on COBRA Subsidies plblackwell@me…Mon, 05/24/2021 - 15:57On May 18th, the Internal Revenue Service (IRS) issued Notice 2021-31 to provide additional guidance regarding the COBRA...

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2022 Out-of-Pocket Limits, HDHP Minimum Deductibles, and HSA Contribution...

2022 Out-of-Pocket Limits, HDHP Minimum Deductibles, and HSA Contribution Limits plblackwell@me…Tue, 07/06/2021 - 13:35OverviewAs plan sponsors begin to evaluate plan design changes for the coming...

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MedCost Renewal and Open Enrollment: On the Road to 2022

MedCost Renewal and Open Enrollment: On the Road to 2022plblackwell@me…Thu, 07/22/2021 - 10:16It may seem miles away, but 1/1 health plan renewals and open enrollment periods are right around the...

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Compliance Update - Mental Health Parity

Compliance Update - Mental Health Parityplblackwell@me…Mon, 07/26/2021 - 07:46We are writing to provide an update on our previous communication regarding the new mental health parity requirements under...

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MedCost Renewal and Open Enrollment: Where are you with your renewal?

MedCost Renewal and Open Enrollment: Where are you with your renewal? plblackwell@me…Fri, 08/20/2021 - 10:33We’re speeding towards a new plan year! MedCost recently shared a schedule intended to help...

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MedCost Renewal and Open Enrollment: Have you finalized benefit changes for...

MedCost Renewal and Open Enrollment: Have you finalized benefit changes for 2022?plblackwell@me…Wed, 09/15/2021 - 10:28        MedCost previously shared a schedule intended to help track progress of...

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No Surprises Act ID Card Requirements

No Surprises Act ID Card Requirements plblackwell@me…Mon, 09/20/2021 - 10:37As part of the wide-ranging Consolidated Appropriations Act, 2021, the No Surprises Act (NSA) goes into effect for plan years...

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MedCost Transparency in Coverage

MedCost Transparency in Coveragejcarter@medcost.comWed, 09/22/2021 - 13:46OverviewThe Transparency in Coverage rule has prompted action to put patients first by improving price and quality transparency...

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Important Information Regarding Annual Notice Requirements (Creditable Coverage)

Important Information Regarding Annual Notice Requirements (Creditable Coverage)plblackwell@me…Thu, 09/30/2021 - 10:19This communication is a reminder of the annual notices that must be provided to...

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MedCost Renewal and Open Enrollment: Time to "Weigh In" on Your Plan Renewal

MedCost Renewal and Open Enrollment: Time to "Weigh In" on Your Plan Renewal plblackwell@me…Mon, 10/04/2021 - 14:57Only 90 days to go until 1/1/22! Are you where you need to be on the road to your...

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MedCost Renewal and Open Enrollment: Ready to (En)Roll?

MedCost Renewal and Open Enrollment: Ready to (En)Roll?plblackwell@me…Mon, 10/25/2021 - 08:47It’s time to gear up for open enrollment if you haven’t done so already! We’re a little more than 60 days...

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IRS Announces 2022 FSA Limits

IRS Announces 2022 FSA Limitsplblackwell@me…Mon, 11/22/2021 - 11:58The Internal Revenue Service recently released Revenue Procedure 2021-45, announcing the cost-of-living adjustments for calendar year...

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MedCost Renewal and Open Enrollment: Are We There Yet?

MedCost Renewal and Open Enrollment: Are We There Yet? plblackwell@me…Tue, 11/23/2021 - 15:43       Are we there yet?It’s been a long road full of starts and stops, but we’re now just a little more...

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ACA Reporting for 2021 - Large Group

ACA Reporting for 2021 - Large Group plblackwell@me…Wed, 12/15/2021 - 09:30The deadlines for ACA reporting on plan year 2021 health coverage are swiftly approaching. The IRS has released final forms...

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ACA Reporting for 2021 - Small Group

ACA Reporting for 2021 - Small Group plblackwell@me…Wed, 12/15/2021 - 13:51The deadlines for ACA reporting on plan year 2021 health coverage are swiftly approaching. The IRS has released final forms...

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Compliance Update - W2 Reporting for 2021 Calendar Year

Compliance Update - W2 Reporting for 2021 Calendar Year plblackwell@me…Thu, 12/16/2021 - 16:24Employers who issue 250 or more W-2 Forms are required to report the cost of employer-sponsored group...

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DOL Issues Guidance on Required Coverage of OTC COVID-19 Testing

DOL Issues Guidance on Required Coverage of OTC COVID-19 Testingplblackwell@me…Fri, 01/14/2022 - 07:38On December 2, 2021, as part of efforts to combat the COVID-19 pandemic, the White House announced...

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MedCost Announces New President

MedCost Announces New President plblackwell@me…Tue, 03/22/2022 - 10:15MedCost is pleased to announce that our board selected Lisa Farrell to serve as the company’s president, effective January 18,...

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Information About Filing Comparative Effectiveness Tax (PCORI Fee) in July 2022

Information About Filing Comparative Effectiveness Tax (PCORI Fee) in July 2022plblackwell@me…Thu, 04/28/2022 - 08:41Overview The Affordable Care Act imposes a fee on health insurers and plan sponsors...

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2023 Out-of-Pocket Limits, HDHP Minimum Deductibles, and HSA Contribution...

2023 Out-of-Pocket Limits, HDHP Minimum Deductibles, and HSA Contribution Limits plblackwell@me…Fri, 05/13/2022 - 10:02OverviewAs plan sponsors begin to evaluate plan design changes for the coming...

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Transparency in Coverage Update: Machine-Readable Files 

Transparency in Coverage Update: Machine-Readable Files jcarter@medcost.comMon, 06/13/2022 - 13:30The focus of the Transparency in Coverage rule is to help consumers better understand the costs...

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MedCost Announces Partnership with RxBenefits

MedCost Announces Partnership with RxBenefitsplblackwell@me…Fri, 07/22/2022 - 09:05Clients Projected to Save 20% in Pharmacy Costs MedCost is pleased to announce a new pharmacy benefit manager (PBM)...

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Important Information Regarding Annual Notice Requirements

Important Information Regarding Annual Notice Requirements plblackwell@me…Mon, 10/03/2022 - 11:23This is a reminder of the annual notices that must be provided to plan participants and employees. For...

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CDC Recommends Bivalent COVID-19 Vaccine Booster

CDC Recommends Bivalent COVID-19 Vaccine Booster plblackwell@me…Thu, 10/06/2022 - 12:08On September 1, 2022, the Centers for Disease Control and Prevention (CDC) announced recommendations for a booster...

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IRS Announces 2023 FSA Limits

IRS Announces 2023 FSA Limitsplblackwell@me…Wed, 10/26/2022 - 14:30The Internal Revenue Service recently released Revenue Procedure 2022-38, announcing the cost-of-living adjustments for calendar year...

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CDC Amends Recommendations for Updated COVID-19 Booster to Include Children...

CDC Amends Recommendations for Updated COVID-19 Booster to Include Children Ages 5-11plblackwell@me…Fri, 10/28/2022 - 14:43We recently shared news about the Centers for Disease Control and Prevention’s...

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ACA Reporting for 2022 - Small Group Employers

ACA Reporting for 2022 - Small Group Employers plblackwell@me…Fri, 12/16/2022 - 09:13Deadlines for ACA reporting for plan year 2022 health coverage (generated in the 2023 tax year) are swiftly...

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ACA Reporting for 2022 - Large Group Employers

ACA Reporting for 2022 - Large Group Employers plblackwell@me…Fri, 12/16/2022 - 09:55Deadlines for ACA reporting for plan year 2022 health coverage (generated in the 2023 tax year) are swiftly...

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MedCost's Credentialing (CVO) Partner Aperture Changes Name to Verisys

MedCost's Credentialing (CVO) Partner Aperture Changes Name to Verisysplblackwell@me…Thu, 12/29/2022 - 13:40MedCost partners with Aperture for the credentialing and recredentialing of our Network...

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High Deductible Health Plan Extension 2023

High Deductible Health Plan Extension 2023 plblackwell@me…Tue, 01/10/2023 - 11:46On December 23, 2022, the year-end omnibus bill, Consolidated Appropriations Act, 2023 (CAA 2023), was approved by the...

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W-2 Reporting for 2022 Calendar Year

W-2 Reporting for 2022 Calendar Year plblackwell@me…Thu, 01/12/2023 - 14:57Employers who issue 250 or more W-2 Forms are required to report the cost of employer-sponsored group health plan coverage on...

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National Emergency and Public Health Emergency Declaration Ends May 11, 2023

National Emergency and Public Health Emergency Declaration Ends May 11, 2023plblackwell@me…Fri, 04/07/2023 - 10:43President Biden has announced the conclusion of the COVID-19 National Emergency and the...

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Information About Filing Comparative Effectiveness Tax (PCORI Fee) July 2023

Information About Filing Comparative Effectiveness Tax (PCORI Fee) July 2023plblackwell@me…Tue, 04/25/2023 - 14:29Information About Filing Comparative Effectiveness Tax (PCORI Fee) in July 2023Overview...

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2024 Out-of-Pocket Limits, HDHP Minimum Deductibles, and HSA Contribution Limits

2024 Out-of-Pocket Limits, HDHP Minimum Deductibles, and HSA Contribution Limitsplblackwell@me…Wed, 06/07/2023 - 14:33OverviewAs plan sponsors begin to evaluate plan design changes for the coming year,...

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Consolidated Appropriations Act Gag Clause Prohibition Compliance Attestation...

Consolidated Appropriations Act Gag Clause Prohibition Compliance Attestation Due December 31, 2023jcarter@medcost.comTue, 08/15/2023 - 10:23OverviewThe Consolidated Appropriations Act, 2021 (CAA)...

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Compliance Reminder: Consolidated Appropriations Act Gag Clause Prohibition...

Compliance Reminder: Consolidated Appropriations Act Gag Clause Prohibition Compliance Attestation Due December 31, 2023jcarter@medcost.comWed, 11/01/2023 - 09:38We are writing to provide you with an...

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IRS Announces 2024 FSA Limits

IRS Announces 2024 FSA Limits plblackwell@me…Mon, 11/13/2023 - 11:25The Internal Revenue Service recently released Rev. Proc. 2023-34, announcing certain cost-of-living adjustments for calendar year...

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W-2 Reporting for 2023 Calendar Year

W-2 Reporting for 2023 Calendar Year plblackwell@me…Mon, 12/04/2023 - 10:05Employers who issue 250 or more W-2 Forms are required to report the cost of employer-sponsored group health plan coverage on...

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ACA Reporting for 2023 (Large Employers)

ACA Reporting for 2023 (Large Employers) plblackwell@me…Thu, 12/14/2023 - 10:13Deadlines for Affordable Care Act (ACA) reporting for the 2023 tax year are swiftly approaching. The IRS has released...

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ACA Reporting for 2023 (Small Employers)

ACA Reporting for 2023 (Small Employers) plblackwell@me…Thu, 12/14/2023 - 10:19Deadlines for Affordable Care Act (ACA) reporting for the 2023 tax year are swiftly approaching. The IRS has released...

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Enhanced Online Enrollment is Here!

Enhanced Online Enrollment is Here! plblackwell@me…Mon, 02/05/2024 - 13:27MedCost has streamlined our enrollment forms and added new features to enhance your online experience. The updated forms will...

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Information for Filing Comparative Effectiveness Tax (PCORI Fee) in July 2024

Information for Filing Comparative Effectiveness Tax (PCORI Fee) in July 2024plblackwell@me…Thu, 04/18/2024 - 09:10Overview The Affordable Care Act imposes a fee on health insurers and plan sponsors of...

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