Welcome to our Legislative Review page for employers. For information on legislative and regulatory topics released during Q2 2024, please visit the following links.

YOUR DEDICATED BROKER CAN HELP

We encourage employers to contact their broker directly to discuss recent legislative changes and how they apply to your business.

Visit the following page for our legislative updates from Q1 2024. 

• Q1 2024 Legislative Review

What Are Employer Responsibilities?

Savoy has created extensive compliance guides to help you stay informed and navigate through the changes. 

Get the details on these top topics:

• Gag Clause Attestation Requirements Resources
  • FAQs Guide
  • Carrier Reference Guide
  • Gag Clause Attestation Requirements | Beyond the Benefits Podcast
• RxDC Reporting Resources and Carrier Guidelines
• Transparency in Coverage Rule Resources
• Fiduciary Duties Series
  • Understanding Fiduciary Duties
  • The Standard of Conduct for Fiduciary Duties
  • When and Where Do Fiduciary Duties Apply?
  • Understanding Fiduciary Duties | Beyond the Benefits Podcast

Savoy Academy | Employer Services and Compliance Webinar Series

Attend one of our upcoming Employer Services and Compliance webinars—you may quality to earn 1 HR recertification credit and 1 PDC recertification credit for your participation. 

Register for an upcoming Employer Services and Compliance webinar.

Q2 2024 Legislative Review 

Federal

April

• Final Rules Issued on Employer-Sponsored Indemnity Insurance
  • The recent release of final rules governs employer-sponsored indemnity insurance, a type of medical coverage designed to provide limited-scope benefits.
• Federal Trade Commission Weighs in On Non-Competes
  • The FTC voted 3-2 to ban noncompete agreements, with the hope of reducing healthcare costs, increasing new business formations and raising wages for workers.

May

• 2025 Limits Announced for HSAs, High Deductible Health Plans, and Excepted Benefit HRAs
  • The IRS has announced the updated maximum annual contribution limits for HSAs under HDHPs for 2025, along with a comparison to the 2024 limits.

2023 Legislative Review

Visit the following page for our legislative updates from 2023. 

• 2023 Legislative Year in Review

This page and its links are informational only and are not intended to constitute legal, tax or business advice. For further information, please refer to your lawyer, business or tax advisor. The accuracy, currency or completeness of the information contained herein is not guaranteed.