On Oct. 18, 2022, the IRS released Revenue Procedure 2022-38 (Rev. Proc. 22-38), which includes the inflation-adjusted limit for 2023 on employee salary reduction contributions…
In 2020, the federal government finalized requirements for health insurance carriers and employer-sponsored health plans to provide greater transparency in medical claims costs. Effective July…
As a business owner or HR director, open enrollment can be stressful. With the plethora of acronyms used in the health insurance industry, it’s easy…
On April 5, 2022, the IRS released a proposed rule that would change the existing rules for eligibility for the premium tax credit (PTC). The…
The Internal Revenue Service (IRS) has issued Notice 2022-04 to increase the Patient-Centered Outcomes Research Institute (PCORI) fee amount for plan years ending on or…
Every year it seems like healthcare costs keep skyrocketing. As an employer, it’s important to consistently look at different health insurance alternatives to determine what…
Most employers recently finished Open Enrollment for their employee benefits. The advent of COVID-19 accelerated the push to electronic processes for companies in various ways.…
The Department of Labor (DOL), through its Employee Benefits Security Administration (EBSA), has released a New Model Employer CHIP Notice with information current as of…
On Jan. 13, 2022, the Supreme Court of the United States (SCOTUS) ruled to stay the Occupational Safety and Health Administration’s (OSHA) vaccination and testing…
Certain Group Health Plans Required to File ACA Section 6055 & 6056 Reporting Group health plan administrators are reminded that Affordable Care Act (ACA) reporting…
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.…
As an Employer, it’s easy to get overwhelmed with choices when it comes to Health Insurance. Complexities between plan designs, funding options, and various accounts…
