FAQs Address COVID-19 Vaccine Coverage and Premium Discounts On Oct. 4, 2021, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury issued FAQs addressing rules regarding premium incentives for COVID-19 vaccines and rapid coverage of preventive … Continue reading →

Medicare Part D Notices Due Before Oct. 15, 2021 Each year, Medicare Part D requires group health plan sponsors to disclose whether the health plan’s prescription drug coverage is creditable to individuals eligible for Medicare Part D and to the … Continue reading →

IRS Announces HSA and HDHP Limits for 2021 The IRS recently released Revenue Procedure 2020-32 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2021. These limits vary based on whether an … Continue reading →

Updated Model COBRA Notices Available   The Department of Labor (DOL) recently issued new model notices for group health plan administrators to use to comply with COBRA notification requirements. Although plan administrators are not required to use the updated model … Continue reading →

IRS Allows HDHPs to Cover COVID-19 Costs The IRS recently issued Notice 2020-15 to advise that high deductible health plans (HDHPs) can pay for coronavirus disease 2019 (COVID-19) testing and treatment before plan deductibles have been met, without jeopardizing their … Continue reading →

U.S. Supreme Court Will Hear Challenge to ACA The U.S. Supreme Court recently agreed to hear a legal challenge to the Affordable Care Act (ACA). The case involved is Texas v. Azar, a lawsuit challenging the constitutionality of the ACA’s … Continue reading →

Cadillac Tax and Other Key ACA Taxes Repealed The federal spending bill signed into law at the end of 2019 repealed three taxes and fees under the Affordable Care Act (ACA): The Cadillac tax The medical devices excise tax The … Continue reading →

New Summary of Benefits and Coverage Template Will Be Required for 2021 Recently, the Departments of Labor (DOL) and Health and Human Services (HHS) issued an updated template and related materials for the summary of benefits and coverage (SBC). These … Continue reading →

FSA Contribution and Other Benefits Limits Rise for 2020 The IRS announced an increase to flexible spending account (FSA) contribution limits for the 2020 plan year. Individuals can contribute $2,750 in 2020, up $50 from the previous year. Since this … Continue reading →

Deadline Extended for EEO-1 Filing from March to May 31, 2019 The Equal Employment Opportunity Commission (EEOC) has extended the deadline for employers to submit EEO-1 Reports for 2018. The reports are now due by May 31, 2019. What is … Continue reading →