by Mark Holloway | May 6, 2021 | Affordable Care Act, Compliance Services, Essential Health Benefits, Health Savings Accounts
The U.S. Department of Health and Human Services (HHS) has announced the inflation-adjusted maximum out-of-pocket (OOP) limits that will apply to non-grandfathered plans for plan years beginning in 2022. The OOP limit includes the plan’s deductible and cost sharing...
by Mark Holloway | May 26, 2020 | Compliance Services
UPDATED JUNE 6, 2020, TO REFLECT EXTENDED DEADLINE A federal court in New York is overseeing bankruptcy claims related to the prescription opioid crisis. Purdue Pharmaceutical, the maker and marketer of Oxycontin and other prescription opioids, filed for bankruptcy...
by Mark Holloway | February 19, 2020 | Compliance Services, State and Local Issues
Prompted by recent closures of big-name companies like Toys R Us, New Jersey is the first state to implement a severance pay requirement for employees experiencing mass layoffs. The new law, effective July 19, 2020, requires employers to pay terminated employees one...
by Mark Holloway | July 29, 2019 | Health Reform / ACA
The IRS has announced a nearly 0.1% decrease in the Affordable Care Act’s (ACA) employer mandate affordability threshold for 2020. A minimum value healthcare coverage offer to an employee won’t be considered “affordable” in 2020 unless the employee’s share of the...
by Mark Holloway | April 2, 2019 | FMLA, State and Local Issues
As we’ve done several times before, today’s blog will be breaking 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. Paid family leave laws often require employers to...
