If your cooperative has subgroups participating in the NRECA Medical Plan, please remember you have two more weeks to submit required data about medical premiums paid by your employees, if you haven’t done so already. NRECA must collect the total[…]
March 1 was the deadline to distribute your cooperative’s 2023 NRECA Group Benefits Program summary plan description (SPD) and summary of material modifications (SMM) documents. The final step in the process is to complete the distribution acknowledgements by March 15.[…]
The February issue of Benefits Bulletin is online. Read about: A printed copy of Benefits Bulletin also is being mailed.
The Consolidated Appropriations Act of 2023 allows high-deductible health plans (HDHPs) that are compatible with a health savings account to cover telehealth visits on a pre-deductible basis through 2024. As a result, NRECA is temporarily waiving Teladoc fees—for both medical[…]
As shared most recently, NRECA needs your help to comply with the 2021 Consolidated Appropriations Act (CAA) requirement for group health plans like the NRECA Medical Plan to submit data on employee-paid medical premiums to the departments of Health and[…]