CURRENT NEWS AND
REGULATORY UPDATES

All News & Updates

Kato Insurance Agency in Mankato Joins North Risk Partners

Effective Sept. 1, Kato Insurance in Mankato, Minn. joined North Risk Partners, one of the largest independent insurance broker and risk advisory firms in the…

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COBRA Subsidy Expiration Notice Due by Sept. 15 (Sooner for Some)

August 25, 2021 – The American Rescue Plan Act (ARPA) provides COBRA premium assistance to eligible individuals and imposes notice requirements on health plans.

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PreferredOne Joins UnitedHealthcare

August 18, 2021 – UnitedHealthcare and PreferredOne have completed an agreement to integrate their businesses, bringing together a strong, local, well-established health plan with UnitedHealthcare’s benefit, wellness and administrative strengths.

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EEOC Extends EEO-1 Deadline for 2019 and 2020 Data to Aug. 23

July 13, 2021 – The U.S. Equal Employment Opportunity Commission (EEOC) announced that employers now have until Aug. 23, 2021, to submit equal employment opportunity (EEO-1) workforce data from 2019 and 2020.

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2020 PCORI Fees Due July 31, 2021

June 11, 2021 – For those that have a medical plan with an HRA and/or are self-funded, this is a reminder your 2020 PCORI fee is due July 31, 2021.

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José Ramírez-Rocha Joins North Risk as Director of Benefits

Effective June 1, José Ramírez-Rocha joined North Risk Partners as Director of Benefits. In this new role Ramírez-Rocha is responsible for overseeing the firm’s individual…

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Cyber Liability – The Importance of Two-factor Authentication

May 27, 2021 – As cyber attacks become more and more common, protecting your data is increasingly difficult.

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Blue Cross Lawsuit Notice to Members

May 19, 2021 – Notices to those potentially affected by the Blue Cross Blue Shield (Blue Cross) antitrust lawsuit have started arriving by mail and/or email.

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IRS Issues Guidance on American Rescue Plan’s COBRA Subsidy

On May 18, 2021, the IRS issued Notice 2021-31, a guidance document on the American Rescue Plan Act (ARPA) subsidy for continuation health coverage under COBRA.

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North Risk Welcomes First-Ever CIO Aric Fier

Effective April 1, Aric Fier joined North Risk Partners as the firm’s first Chief Information Officer (CIO). Aric has over 25 years of experience in…

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HSA/HDHP Limits Increase for 2022

On May 10, 2021, the IRS released revenue procedure 2021-25 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2022.

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DOL Withdraws Independent Contractor Final Rule

May 7, 2021 – The U.S. Department of Labor (DOL) announced it will officially withdraw the Independent Contractor final rule. The withdrawal was effective immediately upon its publication in the Federal Register on May 6, 2021.

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