Alera Group News
Scroll down for the latest news, legal alerts, and information from AIA, Alera Group.
IRS Issues Affordability Percentage Adjustment for 2022
The Internal Revenue Service (IRS) has released Rev. Proc. 2021-36, which contains the inflation-adjusted amounts for 2022 used to determine whether employer-sponsored coverage is “affordable” for purposes of the Affordable Care Act’s (ACA) employer shared responsibility... Find out more »
Alera Group Expands in California with Newest Acquisition, The Brokerage Commercial Insurance Services, Inc.
Alera Group, a top independent, national insurance and wealth management firm, announced today the acquisition of The Brokerage Commercial Insurance Services, Inc., a leading commercial insurance brokerage firm specializing in general liability, property, commercial automobile and workers... Find out more »
Legal Alert: September Deadlines for COBRA and 5500 Reporting
September 2021 is a busy month for compliance. Plan sponsors have obligations to meet this month, but we will focus on two in this quick alert.
COBRA Subsidy Expiration Notice and Summary Annual Report
Due September 15, 2021
The COBRA subsidy expiration notice must be distributed no... Find out more »
Alera Group Acquires Fendley Benefits
Alera Group, a top independent, national insurance and wealth management firm, announced today the acquisition of Fendley Benefits, an employee benefits firm that focuses on cost management, compliance, HR support, technology and employee advocacy.
“Fendley Benefits is a boutique... Find out more »
President Orders OSHA To Develop Mandatory Vaccine Requirement for Large Employers
On September 9, 2021, President Biden announced that he ordered OSHA to develop emergency temporary standards (ETSs) that would require employers with 100 or more employees to mandate that employees either receive one of the three available COVID-19 vaccines or submit to at least weekly COVID-19... Find out more »
Legal Alert: Implications of the Six-Pronged Plan on Employers
On September 9th, 2021, President Biden unveiled the White House’s “Path out of the Pandemic” which is also being referred to as the “six-pronged plan.” Certain prongs of the plan will impact employers in the United States. The COVID-19 pandemic began impacting the... Find out more »
Legal Alert: CAA Provision Status Update
Updated November 17, 2021; Originally posted September 10, 2021
The Consolidated Appropriations Act of 2021 (the “CAA”) was signed into law on December 27, 2020, and includes several provisions impacting group health plans and health insurance issuers. Below is a summary of the most... Find out more »
Legal Alert: DOL Extends Certain Deadlines Under the CAA and Transparency in Coverage Rules
In October 2020, CMS Released its Transparency in Coverage Final Rules (the “TiC Final Rules”) which require non-grandfathered group health plans and carriers offering health insurance in the individual and group markets to: (1) make available to the public three separate... Find out more »
Legal Alert: Summary of Mental Health Parity and Transparency Provisions Under the Consolidated Appropriations Act, 2021
The Consolidated Appropriations Act, 2021 (the “CAA”), which was signed into law on December 27, 2020, included several provisions impacting group health plans and health insurance issuers. Below is a summary of the provisions focused on mental health parity and health plan... Find out more »
Legal Alert: Consolidated Appropriations Act, 2021 Pharmacy Reporting
This alert was updated on August 23, 2021.
“Employers that sponsor group health plans of any size, including government employers, should keep their eye on the developing rules for this upcoming reporting that begins in December 2021.”
-Danielle Capilla, Vice President,... Find out more »