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REMINDER: PCORI Fees due July 31st

PCORI, the “Patient-Centered Outcomes Research Institute”, is a non-profit entity that compares the effectiveness of medical treatments. The Affordable Care Act imposed a tax to fund the institute which applies to health flexible spending arrangements and HRA plans. The very first PCORI reporting requirement was back in July of 2013.

Read more: REMINDER: PCORI Fees due July 31st

“Back to Basics” of Health Insurance Needed for Most Employees

According to EBN, there’s an emerging body of data that shows that most people don’t understand the basics of how health plans work. This lack of understanding the basics could be causing a lot of trouble, such as preventing sick people from going to the doctor or employees not getting the most out of their benefit plan.

Read more: “Back to Basics” of Health Insurance Needed for Most Employees

Employee perks are getting more unique - Part II

Employers of all sizes are thinking of some unique ways to attract new talent and keep current employees happy. In April we sent out an article about unique employee benefits offered by companies. Check out this “Part II” of even more interesting perks some companies across the globe are offering.

Read more: Employee perks are getting more unique - Part II

2017 HSA Limits

The IRS announced HSA Limits effective January 1, 2017.

Read more: 2017 HSA Limits

Facts you may not know about your HSA

Health Savings Accounts (HSAs) continue to grow in popularity. They help account owners to set aside money for health care expenses as well as offer great tax benefits. They are used along with a high deductible health insurance plan.

Read more: Facts you may not know about your HSA

What you need to know about HIPAA audits

The Department of Health and Human Services’ Office for Civil Rights is in the middle of a HIPAA Audit initiative and has sent out contact verification emails and Audit Pre-Screening Questionnaires to around 550-800 organizations. The Pre-Screening Questionnaire collects the demographic information about the potential audit candidate. Likely, only a small percentage of those organizations who received the questionnaire will actually be chosen for audit.

Read more: What you need to know about HIPAA audits