Updated HIPAA forms are now available on the NRECA Employee Benefits website for use by participants in the NRECA Group Benefits Program. HIPAA forms only apply to requests regarding a group health plan (i.e. medical, dental and vision plans). These[…]
The deadline for submitting the total dollar amount of employee-paid medical premium information to NRECA is this Friday, February 14 by end of day (11:59 p.m., in your local time zone). Read the announcement in the January 15 issue of NRECA[…]
If your cooperative has subgroups participating in the NRECA Medical Plan, you have just over 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[…]
CVS CaremarkTM, NRECA’s pharmacy benefits manager, has announced changes to the NRECA Medical Plan’s prescription drug coverage that will take effect April 1, 2025. CVS Caremark continually reviews and updates drugs covered under the plan to help ensure NRECA participants[…]
Two recent pieces of federal legislation, which were signed into law in late December 2024, simplify Affordable Care Act (ACA) tax reporting beginning with the 2024 tax year. Under the Paperwork Burden Reduction Act, plan sponsors and employers are no[…]