What is the CAA?
The Consolidated Appropriations Act (CAA) is legislation passed in December 2021 that outlines the fiduciary responsibilities of employees offering health benefits, Mental Health Parity requirements, and provisions related to cost transparency, among other things. However, many organizations have not yet made the necessary changes to meet these mandates.
That's where our CAA Solutions Package comes in.
CAA Solutions Package Components
Our package comprises three components that directly address the requirements of the CAA, helping employers save money while mitigating risk. These include:
- Telescope Health: a telehealth benefit unlike any other, due to its 24/7 virtual care and care navigation. Users can count on short wait times to find high-quality, cost-effective care at any time.
- Intellect: a mental health benefit that helps employers meet MHPAEA requirements, ensures parity with general medical benefits, and provides users with self-guided tools such as journaling, learning paths, rescue sessions, etc.
- A Fiduciary Guide: a curated resource reviewed by our ERISA attorney and legal team that contains communication samples, checklists, and best practices for preparing and maintaining fiduciary documentation. You can check out our sample guide for a preview.
Not only does our CAA Solutions Package give you peace of mind regarding compliance, but it also comes at a low, unbeatable price. Protecting yourself has never been easier—be sure to include our CAA Solutions Package in your upcoming benefits offerings! When your renewal window arrives, you can easily add our package to your existing plans when accepting your Terms & Conditions and confirming your order.
CAA Interview
Want to learn more about how the CAA affects employers? Check out this interview between a benefits advisor and a member of the Ameriflex legal team:
CAA Webinar
In this presentation, Ameriflex’s Kevin Burgess and Donna Wilkinson, and Telescope Health co-founder, Dr. Matthew Thompson, discuss the Consolidated Appropriations Act and how it affects employers, the ins and outs of Build Your Own Plan, and how Telescope Health fits into your benefits strategy. Contact our sales team for more information or to request a proposal.