Under federal rules, health plan sponsors are required to notify their Medicare-enrolled participants and dependents on at least an annual basis concerning the “creditable” or “noncreditable” nature of the group health plan’s prescription drug coverage.
As we move closer to the next election year, Congress is considering several bills that would affect employee benefits plans. It will be interesting to see how many candidates tout the CBO’s rosy cost and coverage projections for healthcare policy aspects of their platforms.
A new California law will require employers to notify their FSA enrollees – via two different modes of communication – about any deadline to withdraw funds from the FSA where that deadline is prior to the end of the plan year.
The DOL has issued new guidance to help plan administrators determine whether certain coverage guidelines applied to mental health and substance abuse treatment are permissible.
California expands domestic partner registration opportunity; San Francisco announces 2020 HCSO contribution rates
California recently expanded its definition of domestic partnership for purposes of registering with the state to receive the same state protections offered to spouses. San Francisco has updated Health Care Security Ordinance contribution rates and other limits for 2020.
Recently, the ERISA Industry Committee (ERIC), an association advocating on behalf of large employers that sponsor benefits plans, sent a letter to the IRS. ERIC’s letter urges the IRS to stop assessing ACA employer-mandate penalties until it can adopt a more reasonable and equitable process.
The IRS has announced a nearly 0.1% decrease in the Affordable Care Act’s employer mandate affordability threshold for 2020.
Quest Diagnostics and LabCorp reported the breaches in recent SEC filings. The filings note that American Medical Collection Agency, a contractor used for billing and collections matters, reported the breach but did not yet know what data was accessed.
The IRS recently issued guidance regarding the tax treatment of medical premiums paid by or on behalf of a 2% shareholder in an S corporation.
This post breaks down the latest developments from the onslaught of state laws requiring employers to provide paid sick leave or to honor state paid family leave time.
The federal departments with joint responsibility for the implementation of the Affordable Care Act have published a Request for Information Regarding Grandfathered Group Health Plans and Grandfathered Group Health Insurance Coverage.
The commonwealth of Massachusetts announced the employer and employee contribution rates that will apply beginning on July 1, 2019, to finance the state’s paid family leave law.
The Department of Labor recently finalized regulations containing civil penalty inflation adjustments for 2019 in accordance with the Federal Civil Penalties Inflation Adjustment Act of 2015.
The 2018 Form 8994: Employer Credit for Paid Family and Medical Leave, may be filed by employers who wish to take a tax credit for payments made to employees under a qualified paid family and medical leave program.