by Ed Fensholt | August 15, 2018 | Compliance Services, ERISA, Insurance Exchanges, State and Local Issues, Uncategorized
The ERISA Industry Committee (ERIC), an employee benefits advocacy group, has filed a lawsuit in a federal court in Seattle, seeking to overturn a Seattle initiative compelling large hotels to provide generous and heavily subsidized health insurance to their...
by Mark Holloway | August 13, 2018 | Compliance Services, Employer Mandate, Reporting & Disclosure, Tax Issues
By now, you’re likely aware that the IRS has sent hundreds of letters to employers indicating that they may owe penalties because of noncompliance with the ACA employer mandate. Penalties can occur when a full-time employee purchases coverage on a state insurance...
by Jay Kirschbaum | August 1, 2018 | Health Savings Accounts, Medicare
Medicare enrollment of an employee has several consequences – including some retroactive consequences – for the employee’s right to make contributions to a health savings account (HSA). But many employees are unaware that Medicare coverage of the employee’s spouse...
by Mark Holloway | June 8, 2018 | Tax Issues
The Internal Revenue Service (IRS) has proposed new rules to increase the number of employers required to file tax information electronically with the IRS. The new rules would apply to Forms W-2, 1099, the Affordable Care Act (ACA)-related 1095-C and other information...
by Mark Holloway | April 12, 2018 | Compliance Services, Essential Health Benefits
The US Department of Health and Human Services (HHS) has announced the inflation-adjusted out-of-pocket (OOP) limits that will apply to non-grandfathered plans for plan years beginning in 2019. The OOP limit includes the plan’s deductible and cost-sharing amounts for...
by Mark Holloway | April 5, 2018 | Compliance Services, State and Local Issues, Tax Issues
Massachusetts has started mailing employer letters explaining the operation of a new tax assessment that will apply beginning on April 30. Unfortunately, the letter is confusing and could lead some employers to erroneously conclude they must designate their medical...
