Archive: compliance alert

  • October 7, 2019

    Compliance Alert: Federal Agencies Finalize Resources for Mental Health Parity Compliance

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”9797″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text] OVERVIEW The Departments of Labor, Health and Human Services and the Treasury (Departments) have finalized resources to promote compliance with the Mental Health Parity and Addiction Equity Act (MHPAEA). MHPAEA requires parity between mental health …

  • October 2, 2019

    Compliance Alert: DOL Issues New Salary Limits for Overtime Exemptions

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”9744″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text] OVERVIEW On Sept. 24, 2019, the U.S. Department of Labor (DOL) announced a new final rule that updates the salary thresholds that some individuals must meet in order to qualify for a minimum wage and overtime exemption under the …

  • September 13, 2019

    Compliance Alert: Medicare Part D Notices Are Due Before Oct. 15, 2019

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”9394″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text] OVERVIEW Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health …

  • August 26, 2019

    Compliance Alert: Open Enrollment 2020 – Benefits Notices

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”9172″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text] OVERVIEW Employers that sponsor group health plans should provide certain benefit notices in connection with their plans’ open enrollment periods. Some of these notices must be provided at open enrollment time, such as the summary …

  • August 5, 2019

    Affordability Percentages Will Decrease for 2020: Revenue Procedure 2019-29 to index contribution percentages for determining affordability

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”8911″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_column_text] OVERVIEW On July 23, 2019, the IRS issued Revenue Procedure 2019-29 to index the contribution percentages in 2020 for determining affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning …

  • July 3, 2019

    Compliance Alert: Executive Order on Health Costs to Affect Employer Health Plans

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”8593″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] OVERVIEW On June 27, 2019, President Donald Trump signed an executive order aimed at improving price and quality transparency in health care. The order is intended to increase availability of health care price and quality …

  • June 25, 2019

    Compliance Alert: Final Rule Expands Options for HRAs

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”8511″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] OVERVIEW On June 13, 2019, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) issued a final rule that expands the usability of health reimbursement arrangements (HRAs). Effective in 2020, …

  • June 6, 2019

    Compliance Alert: FAQs on the PCORI Fee

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”8410″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Overview The Affordable Care Act (ACA) imposes a fee on health insurance issuers and plan sponsors of self-insured health plans to help fund the Patient-Centered Outcomes Research Institute. The fee, called the Patient-Centered Outcomes Research …

  • May 30, 2019

    Compliance Alert: HSA/HDHP Limits Increase for 2020

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”8385″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Overview On May 28, 2019, the IRS released Revenue Procedure 2019-25 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2020. These limits include: The maximum HSA …

  • May 3, 2019

    Compliance Alert: Massachusetts Paid Family and Medical Leave

    [vc_row][vc_column][vc_empty_space height=”10px”][vc_column_text]Disregard if you do not have employees in Massachusetts[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”7928″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Overview On June 28, 2018, Massachusetts Governor Charlie Baker signed Bill H.4640 into law. The bill establishes a mandatory statewide paid family and medical leave program, which …

  • April 25, 2019

    Compliance Alert: Final Notice of Benefit and Payment Parameters for 2020

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”7864″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Overview On April 19, 2019, the Department of Health and Human Services (HHS) released its final Notice of Benefit and Payment Parameters for 2020. This rule describes benefit and payment parameters under the Affordable Care …

  • March 30, 2019

    Compliance Alert: DOJ Supports Federal Court Ruling Invalidating the ACA

    [vc_row][vc_column][vc_empty_space height=”10px”][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”7538″ img_size=”full” alignment=”center”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Overview On Dec. 14, 2018, a federal judge ruled in Texas v. Azar that the entire Affordable Care Act (ACA) is invalid due to the elimination of the individual mandate penalty in 2019. In response, …

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