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Thursday, December 29, 2022
Earlier this week, Congress released the language of their year-end government funding bill, 2023 CAA, which included a two-year extension of this telehealth relief for HSA participants. The 2023 CAA bill has now been signed into law.
Wednesday, December 28, 2022
On the eve of the requirement for employer sponsored health plans and health insurance carriers to submit prescription drug cost reporting data, the Departments of Labor, Health and Human Services, and the Treasury (collectively, the Departments), issued new guidance, and provided a submission grace period through January 31, 2023.
Thursday, December 22, 2022
Parker, Smith & Feek would like to remind employers about the OR PFML requirement deadline that is approaching on January 1st, 2023. Employers who have workers in OR should be aware of this important deadline approaching.
Monday, December 19, 2022
The fifty most valuable hospitality brands lost almost a third of their value in 2021 due to the ongoing impact of COVID-19, but in 2022 financials are trending back toward their to a pre-pandemic pace.
Thursday, December 15, 2022
Rounding the corner of 2022 into 2023, the property market outlook is a little greyer. While we progressed through 2022 with slight decreases in rates, depending on the operations and geographic location, Hurricane Ian sent shock waves through the market.
Wednesday, December 14, 2022
Without question, the most significant insurance market impact of late 2022 was Hurricane Ian, with insured losses upward of $60B. Ian impacted the Southwest Florida coast on September 28, as a Category 4 hurricane with sustained winds of 115 mph and a storm surge of 10-15 feet.
Thursday, December 8, 2022
While the restaurant and drinking place sector struggled as a whole during the pandemic, the expansion of some specific service channels during this period softened the blow for some.
Wednesday, December 7, 2022
The AI market is projected to grow to a $190 billion industry by 2025 with global spending on cognitive and AI systems to reach over $57 billion in 2023. Read more from our latest Markets in Focus :: Technology report.