The Internal Revenue Service (IRS) decreased the Affordable Care Act (ACA) affordability percentage for 2024 to 8.39%. This percentage is used to assess whether an applicable large employer’s (ALE) lowest-premium health plan...more
9/28/2023
/ Affordable Care Act ,
Compliance ,
Employee Contributions ,
Employer Contributions ,
Employer Group Health Plans ,
Employer Mandates ,
Federal Poverty Line ,
Health Insurance ,
IRS ,
Large Employer ,
Safe Harbors
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt is joined by his colleague, Allison Carlon, who helps us better understand what employers need to know about the Consolidations Appropriations Act...more
Group health plans and health insurance issuers are now required to cover the cost of over-the-counter (OTC) COVID-19 diagnostic tests. Last week, the Departments of Labor, Health and Human Services, and the Treasury issued...more
1/19/2022
/ Benefit Plan Sponsors ,
Biden Administration ,
CARES Act ,
Compliance Dates ,
Coronavirus/COVID-19 ,
Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Employer Group Health Plans ,
Families First Coronavirus Response Act (FFCRA) ,
Health Insurance ,
New Guidance ,
Reimbursements ,
U.S. Treasury ,
Virus Testing
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt discusses the Biden administration’s interim final rule that requires health plans to report prescription drug and health coverage costs and its...more
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt explores compliance considerations for employers who are considering imposing a health insurance surcharge on plan participants who are not...more
As described in our previous alert, the American Rescue Plan Act of 2021 (the ARPA), provides a full subsidy for COBRA premiums for certain qualified beneficiaries entitled to COBRA continuation coverage from April 1, 2021,...more
4/12/2021
/ American Rescue Plan Act of 2021 ,
Benefit Plan Sponsors ,
Biden Administration ,
COBRA ,
Coronavirus/COVID-19 ,
Department of Labor (DOL) ,
Employee Benefits ,
Employer Group Health Plans ,
Health Insurance ,
Medicaid ,
Notice Requirements ,
Premium Subsidies ,
Public Health Insurance Marketplace ,
Relief Measures ,
Tax Credits
On the latest episode of Williams Mullen's Benefits Companion, host Brydon DeWitt discusses new opportunities that the IRS and COVID-19 legislative relief have created for health flexible spending and cafeteria plans....more
Topics include legal considerations for:
• 401(k) Plan participation: Designing a 401(k) plan to increase enrollment and retirement savings
• Financial Wellness Programs: Preparing employees for financial security during...more
8/26/2019
/ 401k ,
Benefit Plan Sponsors ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Events ,
Health Insurance ,
Human Resources Professionals ,
Investment Management ,
Retirement Plan ,
Wellness Programs
On this episode of Williams Mullen's Benefits Companion, Brydon DeWitt and Claire Pollock explore recent IRS guidance on how employers may correct common Health Savings Account Contribution errors. ...more
[co-author: Claire Pollock, Paralegal]
In this episode of Williams Mullen's Benefits Companion, Brydon DeWitt and Claire Pollock discuss proposed health reimbursement arrangement regulations that may provide welcome relief...more
4/26/2019
/ Affordable Care Act ,
Employee Benefits ,
Employer Group Health Plans ,
Employer Liability Issues ,
Health Insurance ,
Health Insurance Exchanges ,
HRA ,
IRS ,
Medical Expenses ,
Medical Reimbursement ,
Premiums ,
Proposed Regulation ,
Small Employers
In this episode of Williams Mullen's Benefits Companion, Brydon DeWitt and Claire Pollock discuss what employers need to know about the current status of EEOC wellness program regulations.
[Speaker: Claire Pollock]...more
Plan administrators should review the following actions to be taken before the end of 2018 and focus on what to expect for 2019. The following checklist addresses plan amendments, notices and other considerations for...more
This morning, the Supreme Court ruled that Affordable Care Act (ACA) premium tax credits will remain available to individuals residing in states that did not establish their own health insurance marketplaces.
In King v....more