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Legal Alert: CMS Extends Transition Relief for Non-Compliant Plans through 2020

Alert Summary from Danielle Capilla Continuing its trend for the sixth year, the Centers for Medicare and Medicaid Services (CMS) has extended transitional relief to “grandmothered” health plans. Grandmothered plans are non-grandfathered plans in the small group and individual market, that CMS has allowed to continue renewing despite their non-compliance with certain ACA requirements, including …

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Legal Alert: New Court Ruling on Association Health Plans

Association Health Plans allowed small businesses to band together for more affordable healthcare, and they have been a hot topic of late. After the Department of Labor under the Trump administration issued its final ruling on Association Health Plans (AHPs) last summer, several states took up issue with it. Specifically, eleven states and the District …

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Alera Group Acquires Phalanx Healthcare Solutions, LLC

DEERFIELD, IL — Alera Group, a leading national insurance firm, today announced its acquisition of Phalanx Healthcare Solutions, LLC (Phalanx), effective March 1, 2019. Located in New York City, Phalanx is a leading insurance and reinsurance broker of medical malpractice insurance for healthcare facilities, large physician groups, and individual physicians predominately in New York and New …

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Alera Group Acquires TriSure Corporation

DEERFIELD, IL  — Alera Group, a leading national insurance firm, today announced that it has acquired TriSure Corporation (TriSure), effective March 1, 2019. Terms of the transaction were not announced. Established in 1999, TriSure is a leading risk management firm based in Raleigh, North Carolina. The firm specializes in commercial property and casualty insurance for businesses …

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Alera Group Acquires Dohrmann Insurance Agency, Inc.

DEERFIELD, IL  — Alera Group, a leading national insurance firm, today announced that it has acquired Dohrmann Insurance Agency, Inc. (Dohrmann), effective March 1, 2019. Terms of the transaction were not announced. Founded in 1868, Dohrmann Insurance Agency is located in Stockton, California. Their more than 150 years of devotion to Stockton community gives them deep …

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Alera Group Acquires The Avon-Dixon Insurance Agency

DEERFIELD, IL (January 7, 2019) — Alera Group, a leading national insurance firm, today announced that it has acquired The Avon-Dixon Insurance Agency, LLC, from Shore Bancshares, Inc., effective December 31, 2018. The Avon-Dixon Insurance Agency, headquartered in Easton, Maryland, is a full-service insurance agency that began providing insurance solutions to residents and businesses in Talbot …

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Alera Group Acquires Broad Reach Benefits, LLC

DEERFIELD, IL  — Alera Group, a leading national insurance firm, today announced that it has acquired Broad Reach Benefits, LLC, effective February 1, 2019. Terms of the transaction were not announced. Broad Reach Benefits, headquartered in Madison, New Jersey, offers a wide range of employee benefits services and assists its clients by overseeing the entire employee …

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District Court Judge in Texas Strikes Down the ACA – But Law Remains In Effect for Now

On Friday, December 14, a federal judge in Texas issued a partial ruling that strikes down the entire Affordable Care Act (ACA) as unconstitutional.  The White House has stated that the law will remain in place, however, pending the appeal process.  The case, Texas v. U.S., will be appealed to the U.S. Court of Appeals …

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IRS Extends Deadline for Furnishing Form 1095, Extends Good-Faith Transition Relief

IRS Extends Deadline for Furnishing Form 1095, Extends Good-Faith Transition Relief The Internal Revenue Service (IRS) has released Notice 2018-94, extending the deadline for furnishing 2018 Forms 1095-B and 1095-C to individuals from January 31, 2019 to March 4, 2019, as well as penalty relief for good-faith reporting errors.  The due date for filing the …

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IRS Increases Health FSA Contribution Limit for 2019, Adjusts Other Benefit Limits

On November 15, 2018, the Internal Revenue Service (IRS) released Revenue Procedure 2018-57, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to $2,700 for plan years beginning in 2019. The Revenue Procedure also contains the cost-of-living adjustments that apply to dollar limitations in certain sections of the Internal Revenue …

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