Lockton Provides Planning Tools for 2024 Health Plan Renewals: Webinar Recording Available

Health plan renewals for 2024 are underway! Lockton Companies, which administers the Minnesota Credit Union Employee Benefits Plan, recently held a webinar to provide important information about this year’s renew season, and has provided a recording for Minnesota Credit Unions. Hear about the compliance issues that might help shape your renewal thoughts and discussions, including:

• How employers need to get ready for new transparency requirements that will apply for next year, including the new surprise billing rules and public disclosure of health plan payment rates
• New reporting requirements that will apply to your Rx and health plan costs
• An update on enforcement activity under the mental health and substance abuse parity laws
• Reminders - and new developments - about pretax benefit elections, opt-out certifications and e-disclosures
• How newly proposed rules on ACA marketplace subsidies for dependents might influence your pricing of dependent coverage
• Who to include in open enrollment
• And more

Webcast link

Presentation slides

​All credit unions are encouraged to get a quote for their 2024 renewals from the Minnesota Credit Union Employee Benefits Plan to take advantage of the program’s partner expertise and the benefits of utilizing the cooperative model to reduce cost and risk volatility. Request a quote today!