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Opt-out arrangements: Employer compliance considerations

Opt-out arrangements: Employer compliance considerations

by keyseradmin | Feb 19, 2021 | Compliance, Employee Benefits, Human Resources

Employers are often looking for ways to manage rising health care costs. One common approach they may consider is offering opt-out arrangements to their employees. In such an arrangement, an employer offers a financial incentive or an opt-out payment to employees who...
Agencies update 2020 ACA reporting forms and 2021 employer mandate penalties

Agencies update 2020 ACA reporting forms and 2021 employer mandate penalties

by keyseradmin | Dec 14, 2020 | Employee Benefits, Human Resources

Earlier this summer, the Internal Revenue Service (IRS) and the Department of Health and Human Services (HHS) made several important changes to the Affordable Care Act (ACA) employer mandate and reporting. Background As many readers are aware by now, applicable large...

Affordable Care Act: 2021 Compliance Checklist

by keyseradmin | Nov 19, 2020 | Employee Benefits, Human Resources

The Affordable Care Act (ACA) has made a number of significant changes to group health plans since the law was enacted in 2010. Since that time, a number of changes have been made to various ACA requirements that employers and plan sponsors should be aware of. It is...

Open Enrollment Reminders: Annual Participant Notices

by keyseradmin | Oct 14, 2020 | Compliance, Employee Benefits, Human Resources

For employers operating their group health and welfare plans beginning on or after January 1, now is the time of the year to prepare for open enrollment. Typically, the focus is on evaluating the services and performance of vendors, renewing rates, and considering...

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