From all of us at Team Nash Insurance, we wish you a very successful and happy 2023!
Read moreMonthly Archives: December, 2022
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Happy 2023!
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Happy Holidays!
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Health Plans Must Provide Price Comparison Tool for 2023
Beginning in 2023, group health plans and health insurance issuers must make an internet-based price comparison tool available to participants, beneficiaries, and enrollees. The purpose of this tool is to provide consumers with real-time estimates of their cost-sharing liability from different providers so they can shop and compare prices before receiving care. Most employers will rely on their issuers or third-party administrators to develop and maintain this tool. This Legal Update summarizes this new transparency requirement and outlines action steps for employers.
Read more: Link
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Affordable Care Act: 2023 Compliance Checklist
Several ACA requirements will be affected by changes that take effect in 2023, such as increased dollar limits and a decreased affordability percentage. To prepare for 2023, employers should review upcoming requirements and develop a compliance strategy. This Compliance Overview provides an ACA compliance checklist for 2023.
Download now: Link
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