by Lisa L. Carlson | December 11, 2017 | Paid Leave Laws, State and Local Issues, Tax Issues, Uncategorized
As employers are setting up 2018 payroll, the critical question has become, “How on earth are we supposed to tax premium payments and benefits under the New York Paid Family Leave (NYPFL) law?” While New York has addressed some tax issues, so far there has been no...
by Rory Akers, JD | December 4, 2017 | Compliance Services, ERISA, Health Reform / ACA
With increasing frequency the Lockton Compliance team is asked, “Is my health plan required to cover maternity expenses for dependent children?” With two – maybe three – notable exceptions, we believe the answer is “no.” Background In the pre-Affordable Care Act (ACA)...
by Mark Holloway | November 15, 2017 | Health Reform, State and Local Issues
Beginning next year, the ghost of Massachusetts health reform will be back to haunt employers in the form of a new tax. The tax will apply to some Massachusetts employers as a way to help fund the commonwealth’s combined Medicaid and Children’s Health Insurance (CHIP)...
by Ed Fensholt | November 9, 2017 | Compliance Services, Employer Mandate
As we noted in a recent Lockton Legislative Update, the IRS recently updated its online Q&A regarding enforcement of the Affordable Care Act’s employer mandate. Through its update, the IRS made clear it expects to deliver its first employer mandate penalty...
by Mark Holloway | November 6, 2017 | Compliance Services, Health Reform / ACA, Insurance Exchanges, Misc Health Reform
The Affordable Care Act (ACA) established the Transitional Reinsurance program to help stabilize individual insurance premiums offered through the public insurance exchanges, aka marketplaces. Under this program, sponsors of self-insured plans, as well as insurers...
by Ed Fensholt | November 1, 2017 | State and Local Issues
The Golden State Joins Five Others in Comprehensively Protecting Healthcare Consumers from Certain Balance Billing Practices In our era of managed healthcare plans, insurers and employer sponsors of group health plans go to great lengths to encourage their enrollees...
