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Posts By: Ann Poland

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HSA/HDHP Limits Increase for 2023

On April 29, 2022, the IRS released Revenue Procedure 2022-24 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2023. The […]
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Spending Bill Extends Telehealth Coverage for HDHPs

A spending bill signed into law on March 15, 2022, extends the ability of high-deductible health plans (HDHPs) to provide benefits for telehealth or other remote care services before […]
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COVID-19 National Emergency Extended, Deadline Relief Continues

On Feb. 18, 2022, President Biden announced an extension of the National Emergency concerning COVID-19, stating that it must continue in effect beyond March 1, 2022. This extension impacts […]
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Upcoming ACA Reporting Deadlines

Affordable Care Act (ACA) reporting under Section 6055 and Section 6056 for the 2021 calendar year is due in early 2022. Specifically, reporting entities must: Furnish statements to individuals […]
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OUTBREAK PERIOD – GUIDANCE ON EXTENDED TIMEFRAMES FOR COBRA ELECTIONS & PAYMENTS

Issue Date: October 2021 This week, the Internal Revenue Service (IRS) released Notice 2021-58, which further clarifies how to apply the extended deadlines for COBRA elections and COBRA premium […]
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MLR Rebates

Issue Date: October 5, 2021 Background Included in the Affordable Care Act (ACA) were new rules that required health insurance companies to disclose certain financial data. This includes the […]
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Transparency Requirements & Surprise Billing – Agency FAQs Offer Several Delays

Issue Date: August 2021 Last week, agency guidance was released as several frequently asked questions (FAQs) clarifying requirements and effective dates set forth in the transparency in coverage final […]
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COBRA SUBSIDY EXPIRATION NOTICE

Issue Date: July 2021 It is already time to think about the distribution of the expiration notice for the COBRA subsidy as required by the American Rescue Plan Act […]
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THE IMPACT OF BIDEN’S COMPETITION EXECUTIVE ORDER ON THE HEALTH CARE INDUSTRY

The American economy is finally recovering after more than a year of stagnation due to the COVID-19 pandemic. President Joe Biden’s administration wants to continue this momentum and further […]
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COBRA SUBSIDY – UPDATED FORM 941

Issue Date: July 2021 Form 941, the employer’s quarterly federal tax return, has been updated to allow employers to claim a credit for any COBRA subsidies provided to assistance […]
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