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Senate Releases the Better Care Reconciliation Act
On June 22, 2017, Republicans in the U.S. Senate released a draft of their proposal to repeal and replace the Affordable Care Act (ACA). The proposal is being called the Better Care Reconciliation Act...
View ArticleReminder: Form 5500 Filing Deadline is July 31, 2017
To help your company meet its ongoing compliance requirements, I wanted to provide a brief reminder about the annual Form 5500 filing deadline. Below are a few key points to note about this...
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USCIS Releases New Form I-9 and Form I-9 Instructions on July 17, 2017
On July 17, 2017, the USCIS released a new version of and instructions for Form I-9, Employment Eligibility Verification. Employers must use only the new version by September 18, 2017. Here is an...
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Draft Forms for 2017 ACA Reporting Released
On July 28, 2017, the IRS released draft versions of the forms that employers will use to report on the health insurance coverage they offered in 2017. Generally, most applicable employers will use...
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Medicare Part D Notice: October 14, 2017 Deadline Reminder
In preparation for the Medicare fall open enrollment period, employers that sponsor group health plans that include prescription drug coverage are required to notify all Medicare-eligible individuals...
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Health Flexible Spending Account (FSA) Limit Will Increase for 2018
On October 19, 2017, the IRS announced that the annual contribution limit for a Healthcare Flexible Spending Account (FSA) will be increased for 2018. For 2018, employees will be allowed to contribute...
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ACA Reporting for 2017: Furnishing Deadline Delayed
On December 22, 2017, the IRS issued a notice that primarily impacts applicable large employers. Specifically, the notice: Extends the due date for furnishing Form 1095-C for 2017 to individuals from...
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Massachusetts Employers Face New EMAC Health Assessment Fee
Starting January 1, 2018, employers in Massachusetts will be subject to the new Employer Medical Assistance Contribution (EMAC) supplement fee. This fee generally applies to employers with 6 or more...
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Medicare Part D Disclosure to CMS: March 1, 2018 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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IRS Announces 2018 HSA Contribution Limit Changes
On March 5, 2018, the IRS released Revenue Procedure 2018-18, which recalculates a number of cost of living increases for calendar year 2018. The main change that may impact many employers is as...
View ArticleMassachusetts Employer Medical Assistance Contribution Supplement (EMAC)...
Beginning in 2018, Massachusetts has implemented a new Employer Medical Assistance Contribution (EMAC) Supplement fee that may impact many employers. Generally speaking, an employer may be assessed a...
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IRS Updates Health Savings Account Family Contribution Limit for 2018 – Back...
On April 26, 2018, the IRS issued an announcement that impacts the maximum family contribution to a Health Savings Account (HSA). For 2018, taxpayers with family coverage under a high-deductible health...
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PCORI Fees Due by July 31, 2018
The annual deadline for reporting and paying the PCORI Fee is quickly approaching. For plan years ending in 2017, the PCORI fees are due by July 31, 2018. This compliance requirement primarily impacts...
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Rhode Island’s Earned Paid Sick Leave Law Effective July 1, 2018
Effective July 1, 2018, Rhode Island employers will need to comply with the Healthy and Safe Families and Workplaces Act. We encourage all impacted clients to log-in to the CBGconnect portal and...
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Health Savings Account (HSA) Contribution Limits for 2019
On May 10, 2018, the IRS announced the contribution limits for health savings accounts (HSAs) for 2019. In addition, as part of Revenue Procedure 2018-30, the IRS also announced the deductible limits...
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Health Flexible Spending Account (FSA) Limit Will Increase for 2018
On October 19, 2017, the IRS announced that the annual contribution limit for a Healthcare Flexible Spending Account (FSA) will be increased for 2018. For 2018, employees will be allowed to contribute...
View ArticleClik here to view.
ACA Reporting for 2017: Furnishing Deadline Delayed
On December 22, 2017, the IRS issued a notice that primarily impacts applicable large employers. Specifically, the notice: Extends the due date for furnishing Form 1095-C for 2017 to individuals from...
View ArticleClik here to view.
Massachusetts Employers Face New EMAC Health Assessment Fee
Starting January 1, 2018, employers in Massachusetts will be subject to the new Employer Medical Assistance Contribution (EMAC) supplement fee. This fee generally applies to employers with 6 or more...
View ArticleClik here to view.
Medicare Part D Disclosure to CMS: March 1, 2018 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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IRS Announces 2018 HSA Contribution Limit Changes
UPDATE: On April 26, 2018, the IRS issued an announcement that once again changed the maximum HSA family contribution limit for 2018. It is now set as $6,900. Click here for more details. On March...
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