Upcoming Challenges with ACA in 2021
Upcoming Challenges with ACA in 2021 IRS Eliminates Transition Relief and Removes Threshold Expanding Eligibility In previous year, the IRS has provided relief of penalties to reporting entities that report […]
Frequently Asked Questions About the Patient-Centered Outcomes/Comparative Effectiveness (PCORI Fee)
Frequently Asked Questions About the Patient-Centered Outcomes/Comparative Effectiveness (PCORI Fee) Q1: What plans does the PCORI fee apply to? A1: All plans that provide medical coverage to employees owe this […]
2021 Patient-Centered Outcomes Research Institute (PCORI) Fee
2021 Patient-Centered Outcomes Research Institute (PCORI) Fee The Patient-Centered Outcomes Research Institute (PCORI) fee deadline is around the corner. In Notice 2020-84, the IRS adjusted the applicable dollar amount to […]
April 2021 Compliance Recap
April 2021 Compliance Recap April was a busy month in the benefits industry, largely due to the temporary 100% COBRA subsidy mandated by the American Plan Rescue Act of 2021 […]
IRS Issues 2022 HSA and HRA Limits
IRS Issues 2022 HSA and HRA Limits The IRS issued Revenue Procedure 2021-25 on May 10, 2021, to announce the 2022 inflation adjusted amounts for health savings accounts (HSAs) under […]
The DOL Issues ARPA COBRA Subsidy Forms
The DOL Issues ARPA COBRA Subsidy Forms On April 7, 2021, the Department of Labor (DOL) issued the much awaited COBRA Model Notices required under the American Rescue Plan Act […]
March 2021 Compliance Recap
March 2021 Compliance Recap The employee benefits guidance issued in March 2021 was largely focused on providing relief to individuals and businesses impacted by the continuing COVID-19 pandemic. Significantly, on […]
PPE as Section 213(d) Qualified Medical Expenses
PPE as Section 213(d) Qualified Medical Expenses The Internal Revenue Service (IRS) released Announcement 2021-7 providing that amounts paid for personal protective equipment (PPE) such as masks, hand sanitizer and […]
American Rescue Plan Act Brings Several Health Plan Provisions
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (Act). The Act is a $1.9 trillion legislative package that includes pandemic relief for individuals and […]
February 2021 Compliance Recap
February 2021 Compliance Recap February was a relatively busy month in the employee benefits world. The Department of Labor (DOL) issued EBSA Disaster Relief Notice 2021-01 regarding the end of […]
