Category: Regulatory Compliance

On Friday, March 20, the Ohio Department of Insurance (ODI) issued a bulletin providing flexibility for Ohio employers and employees in managing health insurance program expenses and access during the COVID-19 pandemic. Per the directive, this applies to all health plan issuers, including insurance companies, stop loss, MEWAS, and other entities transacting insurance in the State […]

The law is a bipartisan effort to help employers and individuals alike in managing pay, benefits, and business considerations during the COVID-19 pandemic. The paid leave provisions of the Act apply to employers with less than 500 employees. They are effective within 15 days from date of enactment and expire at the end of 2020, […]

The IRS has released Notice 2020-15 which provides clarification as to how testing and treatment of COVID-19 will affect those enrolled in a High Deductible Health Plan (HDHP) that is coupled with a Health Savings Account (HSA). There has been confusion as to whether claims associated with COVID-19 would be subject to deductibles. Because of the […]

This alert is of interest to employers with 50 or more full-time equivalent employees and employers of any size with self-insured plans. Below you will find a link to a PDF version of our ACA Reporting Guide for 2019, which reflects the final forms, instructions and extensions recently released by the IRS. The guide includes advice for […]

Updated December 21 to reflect that the bill has been signed into law. On December 20, 2019, the House and Senate, with the final signature from President Trump, passed a bipartisan legislative package of spending bills to avoid a government shutdown. This package of bills is collectively referred to as the Further Consolidated Appropriations Act, 2020 (the […]

It’s not only the DOL you need to worry about, now it’s the workers’ comp and labor attorneys who want to see the employee’s file, your handbook and all of your ERISA Plan documents. When it comes to ERISA Plan Documents, most employers immediately think, “I better get these in place or risk a DOL […]

The Internal Revenue Service (IRS) has released Notice 2019-63, which extends the deadline for furnishing 2019 Forms 1095-B and 1095-C to individuals from January 31, 2020 to March 2, 2020. The Notice also provides penalty relief for good-faith reporting errors and suspends the requirement to issue Form 1095-B to individuals, under certain conditions. The due date for filing the […]

The IRS has released draft forms and instructions for the 2019 B-Series and C-Series reporting forms (Forms 1094-B, 1095-B, 1094-C and 1095-C) used by employers and coverage providers to report certain information to full-time employees and the Internal Revenue Service (IRS). As background, the Affordable Care Act (ACA) added Sections 6055 and 6056 to the […]

On November 6, 2019, the Internal Revenue Service (IRS) released Revenue Procedure 2019-44, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to $2,750 for plan years beginning in 2020. The Revenue Procedure also contains the cost-of-living adjustments that apply to dollar limitations in certain sections of the Internal Revenue Code. […]