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Red Tape Rising 2016: Obama Regs Top $100 Billion Annually

The number and cost of federal regulations increased substantially in 2015, as regulators continued to tighten restrictions on American businesses and individuals. The addition of 43 new major rules last year increased annual regulatory costs by more than $22 billion, bringing the total annual costs of Obama Administration rules to an astonishing $100 billon-plus in just seven years.

Agency Information Collection Activities: Submission For OMB Review; Comment Request – InsuranceNewsNet

Agency: " Centers for Medicare& Medicaid Services, Health and Human Services." SUMMARY: The Centers for Medicare& Medicaid Services is announcing an opportunity for the public to comment on CMS' intention to collect information from the public. Under the Paperwork Reduction Act of 1995, federal agencies are required to publish notice in the Federal Register.

New HHS & Treasury: Health Plans COVID-19 Coverage Obligations

Tuesday, March 2, 2021 On February 26, 2021, the Departments of Labor, Health and Human Services (HHS), and the Treasury issued Frequently Asked Questions (FAQs) on the implementation of the Families First Coronavirus Response Act (“FFCRA”), the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), and other health coverage issuesrelated to COVID-19. COVID-19 Diagnostic Testing FFCRA requires group health plans and health insurance issuers offering group or individual health insurance coverage, including grandfathered health plans (collectively, “Plans”) to cover certain items and services related to the testing and diagnosis of COVID-19 without cost-sharing, prior authorization, or other medical management requirements. The CARES Act expanded the range of diagnostic items and services that Plans must cover.  The CARES Act also requires Plans to reimburse any provider of COVID-19 diagnostic testing at an amount that equals the negotiated

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