Category Archives: Health Insurance
IRS Confirms ACA Pay or Play Penalties Still Apply
Overview The IRS Office of Chief Counsel recently released an information letter regarding the employer shared responsibility (pay or play) penalties under the Affordable Care Act (ACA). This information letter confirms that the pay or play penalties continue to apply … Continue reading
Benefits 101 – Intro to Group Health
Client Alert!
Departments Adopt Non-Enforcement Policy on Drug Manufacturer Coupons On August 26, 2019, the Departments of Labor (DOL), Health and Human Services (HHS), and Treasury released an FAQ that provides guidance to employers, plan sponsors and health insurance issuers regarding a … Continue reading
2020 HSA Contributions
IRS Releases 2020 HSA Contribution Limits and HDHP Deductible and Out-of-Pocket Limits In Rev. Proc. 2019-25, the IRS released the inflation adjusted amounts for 2020 relevant to HSAs and high deductible health plans (HDHPs). The table below summarizes those adjustments … Continue reading
PCORI Fees Due By July 31, 2019
REMINDER: PCORI Fees Due By July 31, 2019 Employers that sponsor self-insured group health plans, including health reimbursement arrangements (HRAs) should keep in mind the upcoming July 31, 2019 deadline for paying fees that fund the Patient-Centered Outcomes Research Institute … Continue reading
Client alert post
CMS Extends Transition Relief for Non-Compliant Plans through 2020 On March 25, 2019, the Centers for Medicare & Medicaid Services (CMS) announced a one-year extension to the transition policy (originally announced November 14, 2013 and extended five times since) for individual … Continue reading
DOJ SUPPORTS FEDERAL COURT RULING INVALIDATING THE ACA OVERVIEW
DOJ SUPPORTS FEDERAL COURT RULING INVALIDATING THE ACA OVERVIEW HIGHLIGHTS A federal judge ruled that the entire ACA is invalid due to the elimination of the individual mandate penalty. This ruling will likely be taken up by the Supreme … Continue reading
HSA eligible expenses includible vs non-includible
You probably already know that can use your health savings account (HSA) to pay for specific expenses. However, there are rules as to what you can and cannot use your HSA to pay for. This distinction is referred to as … Continue reading
Medicare Part D Disclosures due by March 1, 2019 for Calendar Year Plans
OVERVIEW Group health plan sponsors are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS) on an annual basis and at other select times, indicating whether the plan’s prescription drug coverage is … Continue reading
Proposed Notice of Benefit and Payment Parameters for 2020
OVERVIEW On Jan. 24, 2019, the Department of Health and Human Services (HHS) published its proposed Notice of Benefit and Payment Parameters for 2020. This proposed rule describes benefit and payment parameters under the Affordable Care Act (ACA) … Continue reading
