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Posts By: Ann Poland

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2024 Health Plan Compliance Deadlines

published: December 5, 2023 | tagged in: Compliance Updates, Employee Benefits Compliance News, News
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2024 Health Plan Compliance Deadlines

Employers must comply with numerous reporting and disclosure requirements throughout the year in connection with their group health plans. This Compliance Overview explains key 2024 compliance deadlines for employer-sponsored […]
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ACA Reporting: Most Employers Must File Electronically Beginning in 2024

published: December 1, 2023 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, News
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ACA Reporting: Most Employers Must File Electronically Beginning in 2024

The Affordable Care Act (ACA) created reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these rules, certain employers must provide information to the IRS about […]
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2024 Health FSA & Qualified Transportation Limits

published: November 9, 2023 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News
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2024 Health FSA & Qualified Transportation Limits

November 2023 In Revenue Procedure 2023-24, the IRS sets forth a variety of 2024 adjusted tax limits. Among other things, the notice indicates that employee contribution limits toward health […]
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PCORI Fee Amount Adjusted for 2024

published: November 3, 2023 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News
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PCORI Fee Amount Adjusted for 2024

The Internal Revenue Service (IRS) has issued Notice 2023-70 to increase the Patient-Centered Outcomes Research Institute (PCORI) fee amount for plan years ending on or after Oct. 1, 2023, […]
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Final Forms and Instructions for 2023 ACA Reporting Released

published: October 20, 2023 | tagged in: Compliance Updates, Employee Benefits Compliance News, Healthcare Reform
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Final Forms and Instructions for 2023 ACA Reporting Released

The IRS has released final 2023 forms and instructions for reporting under Internal Revenue Code Sections 6055 and 6056: 2023 Forms 1094-B and 1095-B (and instructions) will be used […]
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Health Savings Accounts (HSAs) – Who Is Eligible?

published: October 6, 2023 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, Insurance Resources
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Health Savings Accounts (HSAs) – Who Is Eligible?

Only eligible individuals can establish HSAs and make contributions (or have them made on their behalf). An individual’s eligibility for HSA contributions is typically determined monthly as of the […]
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Pay or Play Affordability Percentage Will Decrease for 2024

published: August 25, 2023 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, Healthcare Reform, Insurance Costs
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Pay or Play Affordability Percentage Will Decrease for 2024

On Aug. 23, 2023, the IRS issued Revenue Procedure 2023-29 to index the contribution percentage in 2024 for determining the affordability of an employer’s plan under the Affordable Care […]
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How Employers Should Handle MLR Rebates

published: August 11, 2023 | tagged in: Compliance Updates, Employee Benefits Compliance News, News
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How Employers Should Handle MLR Rebates

The Affordable Care Act (ACA) established medical loss ratio (MLR) rules to help control health care coverage costs and ensure that enrollees receive value for their premium dollars. The […]
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DRAFT FORMS FOR 2023 ACA REPORTING RELEASED

published: July 28, 2023 | tagged in: Compliance Updates, Employee Benefits Compliance News
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DRAFT FORMS FOR 2023 ACA REPORTING RELEASED

The IRS has released draft 2023 forms for reporting under Internal Revenue Code Sections 6055 and 6056. Draft instructions for these forms have not yet been released. 2023 draft […]
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Health Plans Must Submit Gag Clause Attestations by Dec. 31, 2023

published: June 30, 2023 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, News
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Health Plans Must Submit Gag Clause Attestations by Dec. 31, 2023

On Feb. 23, 2023, the Departments of Labor, Health and Human Services and the Treasury (Departments) issued FAQs on the prohibition of gag clauses under the transparency provisions of […]
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