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Posts By: Ann Poland

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ACA PAY OR PLAY PENALTIES WILL INCREASE FOR 2023

published: August 25, 2022 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, News
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ACA PAY OR PLAY PENALTIES WILL INCREASE FOR 2023

On Aug. 16, 2022, the IRS updated its frequently asked questions (FAQs) on the employer shared responsibility (pay or play) rules under the Affordable Care Act (ACA) to include […]
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Senate Passes the Inflation Reduction Act

published: August 11, 2022 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, News
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Senate Passes the Inflation Reduction Act

The U.S. Senate recently passed the Inflation Reduction Act, which includes provisions aimed at addressing climate change, reducing the high costs of prescription drugs and lowering the deficit by […]
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2023 “Affordability” Percentage

published: August 10, 2022 | tagged in: Compliance Updates, Employee Benefits Compliance News, Financial Wellness, Insurance Costs, News
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2023 “Affordability” Percentage

Issue Date: August 2022 In Revenue Procedure 2022-34, the IRS significantly decreased the affordability percentage from 9.61% to 9.12% for 2023. This percentage determines which applicable large employers may […]
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Draft Forms for 2022 ACA Reporting Released

published: July 29, 2022 | tagged in: Compliance Updates, Employee Benefits Compliance News, News
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Draft Forms for 2022 ACA Reporting Released

The Internal Revenue Service (IRS) released draft 2022 forms for reporting under Internal Revenue Code (Code) Sections 6055 and 6056. Draft instructions for these forms have not yet been […]
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SUPREME COURT DECISION: ABORTION RIGHTS

published: June 28, 2022 | tagged in: Communication, Employee Benefits, Employee Benefits Compliance News, News
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SUPREME COURT DECISION: ABORTION RIGHTS

Issue Date: June 27, 2022 The Supreme Court released its decision regarding abortion rights on June 24, essentially reversing the previous Roe v. Wade and Planned Parenthood v. Casey […]
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Employers See Increasing Numbers of Lawsuits Over Deficient COBRA Notices

published: June 17, 2022 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, News
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Employers See Increasing Numbers of Lawsuits Over Deficient COBRA Notices

Employers are seeing an increase in lawsuits from former employees alleging deficient Consolidated Omnibus Budget Reconciliation Act (COBRA) election notices, with statutory penalties of up $110 per person per […]
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Transparency Compliance: Machine Readable Files

published: June 3, 2022 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, Insurance Costs, Insurance Resources, Technology & Innovation
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Transparency Compliance: Machine Readable Files

Background Under the “Transparency in Coverage” Final Rule (TiC), issued in 2020 by the U.S. Department of Health & Human Services, U.S. Department of Labor, and U.S. Department of […]
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HSA/HDHP Limits Increase for 2023

published: May 6, 2022 | tagged in: Compliance Updates, Employee Benefits, Employee Benefits Compliance News, Insurance Costs, News, Wellness
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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

published: March 29, 2022 | tagged in: Compliance Updates, Coronavirus, Employee Benefits, Employee Benefits Compliance News, News
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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

published: March 25, 2022 | tagged in: Compliance Updates, Coronavirus, Employee Benefits, Employee Benefits Compliance News, News
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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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