COVID-19 Helpful Resources
From the onset of the COVID-19 pandemic, BRMS has focused on delivering peace of mind for the people and businesses we serve. We’ve taken bold actions to drive affordability, remove…
IRS Releases Inflation-Adjusted Amounts for HSAs & Senate Democrats Release COVID-19 Response Proposal
The IRS has released Rev. Proc. 2020-32, which provides the 2021 inflation-adjusted amounts for Health Savings Accounts. For 2021, the HSA contribution limit for individual coverage will be $3,600. For…
CMS Offers Temporary Period of Relaxed Enforcement of Certain Time Frames Related to Group Market Requirements in Response to the COVID-19 Outbreak
The Centers for Medicare & Medicaid Services (CMS) has issued a Temporary Period of Relaxed Enforcement of certain time frames related to group market requirements under the Public Health Service…
IRS Issues Notices to Relax Cafeteria Plan Election Rules for COVID-19 and Increase Health FSA Carryover
On May 12, the IRS released two notices providing relief on cafeteria plan election rules and increasing the allowed health FSA carryover. The first notice, IRS Notice 2020-29, provides for…
Extension of Certain Timeframes for Employee Benefit Plans
The IRS and Employee Benefits Security Administration (U.S. Labor Department) have jointly issued a final rule to extend certain timeframes concerning participants’ rights to healthcare coverage, portability, and continuation of group health plan coverage under COBRA, and to extend the time for plan participants to file or perfect benefit claims or appeals of denied claims.
COVID-19 Policy Update
This Policy Update covers several recent federal and state issues related to COVID-19 coverage: CMS issues testing coverage guidelines Stimulus funding prohibits provider balance billing for COVID-19 treatment Overview of…
April 1 Effective Date for FFCRA Leaves
On Tuesday, March 24, the Department of Labor (DOL) announced that the effective date of the leaves available through the Families First Coronavirus Response Act (FFCRA) will be April 1,…
WellDyne Client Advisory
WellDyne is closely monitoring the COVID-19 outbreak and making appropriate operational adjustments to ensure adequate drug supply and high levels of service for our customers.
Free Tool to Assess COVID-19 Risk
Anthem Blue Cross members can now assess their symptoms and potential risk for COVID-19 using the free Sydney Care mobile app. It's fast, easy, and they don't have to leave home to do it.
Agencies Announce Plan to Implement Paid Leave & Tax Credits
To take immediate advantage of the paid leave credits, businesses can retain and access funds that they would otherwise pay to the IRS in payroll taxes.