The Consolidated Appropriations Act of 2021 (CAA) requires an increase in cost transparency and protections for consumers related to surprise billing and health care costs. To comply with the CAA, NRECA has implemented the following: Notice of Participant Rights and[…]
A recording of NRECA’s latest well-being webinar, Loneliness & Social Connectedness, is now online for both plan participants and benefits administrators (BAs). The webinar, presented by WebMD, offers practical steps to overcome loneliness and health benefits of connecting with others.[…]
The annual fee to fund the Patient-Centered Outcomes Research Institute (PCORI), known as the PCORI fee, is due by July 31, 2022, for the 2021 plan year. Sponsors of fully-insured health plans as well as certain self-insured health plans, including health reimbursement[…]
With the inflation rate at its highest in 40 years and the prices of gas, groceries and other goods way up, finding ways to save money is as important as ever. Fortunately, there are many ways for NRECA Medical Plan[…]
Effective July 1, 2022, the 401(k) Pension Plan’s loan interest rate, which is set quarterly at 1% more than the nation’s prime interest rate, will increase to 5.75%. Things you and your employees should consider about loansIf your cooperative offers[…]