Applicable large employers must adhere to many Affordable Care Act (ACA) rules to remain compliant regarding group health plan offerings. We offer the following checklist of the five most helpful reminders you should take...more
9/15/2022
/ Affordable Care Act ,
Applicable Large Employers (ALE) ,
Corporate Counsel ,
Deadlines ,
Employee Benefits ,
Employer Group Health Plans ,
Employer Liability Issues ,
Form 1094 ,
Form 1095 ,
Health Insurance ,
Health Plan Sponsors ,
IRS ,
Reporting Requirements ,
Safe Harbors ,
Shared Responsibility Rule
The IRS recently issued Revenue Procedure 2022-24 which included the 2023 inflation-adjusted amounts for health savings accounts (HSAs) and high-deductible health plans (HDHPs). The Revenue Procedure details the maximum HSA...more
The Department of Treasury recently issued proposed regulations to alter the rules for how individuals can get a premium tax credit (PTC) to help pay for Marketplace health coverage starting in 2023. The new rules would base...more
5/27/2022
/ Affordable Care Act ,
Comment Period ,
Employee Benefits ,
Employer Group Health Plans ,
Family Members ,
Health Insurance ,
IRS ,
Proposed Rules ,
Public Comment ,
Rulemaking Process ,
Tax Credits ,
U.S. Treasury
A collection of federal agencies recently released guidance to assist group plan health sponsors navigate upcoming disclosure obligations. On November 17, the Internal Revenue Service, the U.S. Department of Labor, and the...more
11/30/2021
/ Consolidated Appropriations Act (CAA) ,
Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Employee Benefits ,
Employer Group Health Plans ,
Filing Deadlines ,
Health Plan Sponsors ,
Interim Final Rules (IFR) ,
IRS ,
Office of Personnel Management (OPM) ,
Reporting Requirements
The Internal Revenue Service recently released final 2021 forms for Affordable Care Act (ACA) reporting under relevant Internal Revenue Code sections – and while not much is changing in terms of information you’ll need to...more
The Internal Revenue Service recently released a Notice to further explain its position on certain issues related to the COBRA premium assistance and corresponding tax credits available under the American Rescue Plan Act of...more
The American Rescue Plan Act (ARPA) provides for 100% premium assistance to certain qualified beneficiaries for continuation coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) for periods of...more
5/21/2021
/ American Rescue Plan Act of 2021 ,
COBRA ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Department of Labor (DOL) ,
Eligibility ,
Employee Benefits ,
Employee's Childcare ,
Employer Group Health Plans ,
Employment Contract ,
Employment Tax ,
Federal Taxes ,
Former Employee ,
Furloughs ,
Hiring & Firing ,
Internal Revenue Code (IRC) ,
Involuntary Reduction in Force ,
IRS ,
Premium Assistance ,
Premium Subsidies ,
Reduction in Hours ,
Relief Measures ,
Resignation ,
Retirement ,
Self-Certification ,
Severance Agreements ,
Tax Credits ,
Tax Returns ,
Termination for Cause ,
Workplace Safety