April 7, 2020
Group Health Plan Dependent Eligibility Audit At the outset, employers should have two main objectives regarding their group health plan’s eligibility provisions: (1) drafting clear plans and policies to reflect their intended eligibility rules, and (2) administering and monitoring these eligibility provisions consistently. In order to achieve the second objective, an employer may …
March 30, 2020
The Coronavirus Aid, Relief, and Economic Security (CARES) Act: What Employers Need to Know The Coronavirus Aid, Relief, and Economic Security Act (the Act) was signed into law by President Trump on March 27, 2020. The Act is intended to deliver a $2.2 trillion economic stimulus and contains a multitude of provisions aimed …
March 27, 2020
Department of Labor Issues Additional Families First Coronavirus Response Act Resources Employers impacted by COVID-19 have a variety of questions regarding the Act’s effect on their business and employees. While there are still many questions left unanswered, the Department of Labor (DOL) is continuing to release guidance and resources often to help employers. …
March 20, 2020
President Trump Signs the Families First Coronavirus Response Act: What Employers Need to Know On the evening of March 18, 2020, the President signed the Families First Coronavirus Response Act (the “Act”). It will go into effect on April 2, 2020, and remain in effect until December 31, 2020. While the Act covers …
March 9, 2020
Coronavirus in the Workplace According to the CDC, Coronaviruses are a large family of viruses that are common in humans and many different species of animals, including camels, cattle, cats, and bats. Rarely, animal coronaviruses can infect people and then spread between people, such as with MERS-CoV and SARS-CoV. The virus that causes COVID-19 …
December 19, 2019
Happy Holidays from the IRS: Extended Deadline for Furnishing (But Not Filing) 2019 ACA Form 1095-B and Form 1095-C December 2019 Simplify Compliance Benefits Bulletin On December 2, 2019, the IRS issued Notice 2019-63, which extends the due date for certain Affordable Care Act (ACA) information reporting requirements for insurers, self-insured plan sponsors, and …
December 19, 2019
Simplify Compliance Benefits Brief December 2019 Employers offer wellness plans for a number of reasons, but the main reasons are often to contain health care costs and to encourage employees to improve their health and prevent disease. There are many different laws and legal considerations that govern wellness plans. The design of an employer’s wellness …
November 18, 2019
California recently enacted a new law, AB 1554, which imposes a notice requirement on employers who have California employees that participate in a health care flexible spending account (FSA), a dependent care FSA, or an adoption assistance FSA. This new law is effective January 1, 2020. Claim Submission Deadline Requirement Whether or …
November 7, 2019
Benefits Brief November 2019 Open Enrollment Checklist For employers operating their group health plans on a calendar year basis, now is the time of the year to prepare for open enrollment with respect to group health and welfare benefits. Typically, the focus is on evaluating the services and performance of vendors, renewing rates …
September 27, 2019
– October 2019 – The Affordable Care Act (ACA) requires health insurance issuers to spend a minimum percentage of premium dollars on medical care and health care quality improvement, which is intended to lower the cost of care. This percentage is known as “medical loss ratio” (MLR). In the large group insurance market, the …
