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Do employers now have to offer affordable family coverage?

Do employers now have to offer affordable family coverage?

by keyseradmin | May 19, 2022 | Compliance

By Suzanne G. Odom on April 11, 2022 In furtherance of the Biden Administration’s January 28, 2021, Executive Order 14009 and April 5, 2022, Executive Order 14070 to protect and strengthen the ACA, the Treasury Department and IRS published a proposed rule on April 7,...
Benefit issues that arise upon misclassification of employees

Benefit issues that arise upon misclassification of employees

by keyseradmin | May 19, 2022 | Employee Benefits, Human Resources

By Stephen J. Gilles Worker classification is an area of major concern for employers of all sizes. Misclassification of workers as independent contractors has labor and employment ramifications as well as employee benefits ramifications. Guidance from the Internal...
New PCORI fee amounts announced for the 2022 reporting period

New PCORI fee amounts announced for the 2022 reporting period

by keyseradmin | Jan 20, 2022 | Compliance, Employee Benefits

By Brian M. Johnston The IRS just released IRS Notice 2022-04 that provides the updated fee for Patient-Centered Outcomes Research Institute (PCORI) paid by fully insured and self-funded health plans for the upcoming tax reporting period. As we stated before, even...
IRS extends deadline for distributing ACA form to employees

IRS extends deadline for distributing ACA form to employees

by keyseradmin | Dec 14, 2021 | Compliance, Employee Benefits, Human Resources

The IRS, after cautioning last year not to expect future extensions to the Jan. 31 deadline for furnishing Affordable Care Act (ACA) reporting forms to employees, has changed its mind. In new proposed regulations, the IRS would permanently extend by 30 days the...
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...
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