Employee Benefits Updates

By Caroline Smith, 08/15/2018
Our Health Care Reform Timeline is a perpetual timeline of all healthcare reform updates from 2010 to 2020 (and 2022 - when the Cadillac Tax is scheduled to "begin"). Should you have any questions reagrding this Timeline or any deadline included therein, please contact a local member of the...
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By Caroline Smith, 08/13/2018
In late July the House of Representatives adopted two healthcare bills that, among other things, allow for more flexibility surrounding how healthcare consumers can spend their savings for medical related expenses, including expanding how Health Savings Accounts (HSAs) may be used and increasing the maximum...
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By Caroline Smith, 06/29/2018
This Newsletter contains important benefits-related news items, deadlines, and updates both from thesecond quarter of 2018and looking forward into thethird quarter! READ MORE
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By Caroline Smith, 06/11/2018
Employers who sponsor self-insured health plans must pay their annual PCORI fees by July 31st! PCORI fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). The applicable PCORI fee you pay this year, by July 31, 2018, is based on your plan year end date in 2017. $2.26...
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By Caroline Smith, 05/16/2018
WithIRS Rev. Proc. 2018-30, the IRS provided several new increases to various categories that Individuals and Families may elect into a Health Savings Account (HSA) if they have a compatible HDHP (High Deductible Health Plan). These new increases are detailed in the chart below. READ FULL ALERT
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By Caroline Smith, 05/04/2018
Mental Health Parity and Addiction Equity Act Guidance Issued by Departments In an effort to encourage compliance with the MHPAEA (Mental Health Parity and Addiction Equity Act), the departments (DOL, HHS and Treasury) released a regulatory package that includes examples of mental health parity violations, as...
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By Caroline Smith, 04/30/2018
The Internal Revenue Service (IRS) has announced relief for taxpayers with family coverage under a High Deductible Health Plan (HDHP) who contribute to a Health Savings Account (HSA). For 2018, taxpayers with family coverage under an HDHP may treat $6,900 as the maximum deductible HSA contribution. READ FULL ALERT
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By Caroline Smith, 03/29/2018
This Newsletter contains important benefits-related news items, deadlines, and updates both from the first quarter of 2018and looking forward into the second quarter!
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By Caroline Smith, 03/06/2018
The IRS announced yesterday, as part of IRB 2018-10, a revised HSA family contribution limit for 2018. This revision comes as part of the tax reform legislation passed earlier this year. READ FULL ALERT
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By Caroline Smith, 02/12/2018
As we head into the last few weeks of February, we want to take this opportunity to remind employers about the following upcoming annual filing deadlines: Annual Prescription Drug Notice HIPAA Breach Report ACA Reporting Deadlines READ FULL ALERT
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