ACA Reinsurance Fee Deadline Reminder: November 15, 2016
Under the Affordable Care Act, employers that sponsor certain self-insured group health plans are subject to the Transitional Reinsurance Program. (For a detailed overview,all clients are encouraged to...
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ACA Reporting for 2016: Deadline Extension Announced for Form 1095-C...
On November 18th, 2016, the IRS announced a deadline extension that may benefit employers that need to comply with the Affordable Care Act’s Employer Reporting Requirements. Here are the main two...
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Overtime Rule Blocked by Federal Court; Implementation Delayed
On November 22, 2016, a federal judge in Texas halted the enforcement of the DOL’s new overtime rule until further notice. The rule, which was set to take effect on December 1, 2016, would have...
View ArticleReminder: New ADA Wellness Program Notice Requirement Effective January 1, 2017
Employers that are subject to the Americans with Disabilities Act (ADA) — generally those with 15 or more employees — that offer a wellness program that collects employee health information are...
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Updated Version of Form I-9 Released
On November 14th, 2016, an updated version of Form I-9: Employment Eligibility Verification (I-9 Form) was released. Employers will be allowed to continue using the current form (which was most...
View ArticleMassachusetts Employment Law Update: 2017 Transit Benefits Exclusion Amounts
For 2017, Massachusetts has issued a Technical Information Release regarding the personal income tax exclusion amounts for employer-provided parking, transit pass, and commuter highway vehicle benefits...
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2018 Employee Benefits Cost-Sharing Limits Released
On December 16, 2016, the Department of Health and Human Services (HHS) released its final Notice of Benefit and Payment Parameters for 2018. This rule describes benefit and payment parameters under...
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Medicare Part D Disclosure to CMS: March 1, 2017 Deadline Reminder
Each year, applicable employers are required to complete an online disclosure with CMS and report whether their health plan’s prescription drug coverage is Medicare Part D creditable or non-creditable....
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ACA Reporting for 2016: Educating Employees About Form 1095-C and Form 1095-B
In order to meet the 2016 Affordable Care Act (ACA) reporting requirements, many employers had to put forth effort to meet two key deadlines: Filing with the IRS: February 28, 2017 (or March 31, 2017...
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New Expiration Date for Health Insurance Exchange Notices
To help your company meet its compliance requirements, we’d like to inform you that the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has extended the effective date of...
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House Committees Release ACA Replacement Bills
On March 6, 2017, Republican leadership in the U.S. House of Representatives issued two bills that are collectively known as the American Health Care Act. The purpose of the Act is to repeal and...
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Electronic Filing Deadline for 2016 ACA Information Returns Approaching
While discussion regarding a replacement bill for the Affordable Care Act (ACA) continues to move forward, applicable employers are still under obligation to meet the ACA’s reporting requirements for...
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American Health Care Act Update – ACA Replacement Bill Withdrawn
On March 24, 2017, Republican leadership in the U.S. House of Representatives withdrew the American Health Care Act — their proposed legislation to repeal and replace the Affordable Care Act (ACA)....
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New Expiration Date for Health Insurance Exchange Notice is April 30, 2017
Has your company been meeting its compliance requirement to distribute the Health Insurance Exchange Notice to new hires? If so, please note that the U.S. Department of Labor’s Employee Benefits...
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House Passes ACA ‘Repeal and Replace’ Bill; Senate to Begin Deliberations
In a first step toward potentially repealing and replacing the Affordable Care Act (ACA), the U.S. House of Representatives passed the American Health Care Act on May 4, 2017. The bill will now be sent...
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IRS Announces HSA/HDHP Limits for 2018
On May 5, 2017, the IRS announced the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2018. The following chart highlights the updated limits:...
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ACA Compliance Update: Affordability Percentages Will Decrease for 2018
Under the ACA, employees (and their family members) who are eligible for coverage under an affordable employer-sponsored plan are generally not eligible for the premium tax credit. The ACA provides...
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House Passes Changes to Overtime Rules
On May 2, 2017, the House of Representatives passed the Working Families Flexibility Act (also known as H.R. 1180). H.R. 1180 still needs approval from the Senate and the executive branch before it...
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PCORI Fees Due by July 31, 2017
Under the Affordable Care Act, certain employers have an annual obligation to pay the PCORI fee. Generally, this fee applies to employers that have a self-insured group health plan and to employers...
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New Expiration Date for Health Insurance Exchange Notices is May 31, 2020
To help your company meet its ongoing compliance requirements, we’d like to inform you that the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has extended the expiration...
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