MyEnroll.com offers employers a way to “pend” a dependent in the system to obtain documentation of dependent status before enrolling the dependent for coverage. This feature allows employers a method of confirming that they are covering only those individuals eligible for benefits under the terms of their plans.
Q.- An employee is terminating employment tomorrow and just told us that he was divorced 5 years ago. His wife has remained on our plan. Since his wife should never have been on our health coverage, do we have to offer her COBRA?
Many employers have to file an annual Employer Information Report EEO-1 with the Equal Employment Opportunity Commission (EEOC). This report identifies the make-up diversity of an employer’s workforce, which is an important aspect of a company’s affirmative action program.
The IRS announced a change to the ACA affordability threshold for 2019.
Q.- How long does a person have to elect COBRA after the person receives a COBRA notice?
The Tax Cuts and Jobs Act, which was signed into law at the end of 2017, created an employer tax credit for paid family and medical leave. This new Family and Medical Leave Act Credit is available to certain employers that pay employees for their absence under the Family and Medical Leave Act.
Q.- Do we have to pay employees if we give them off for Memorial Day?
A health savings accounts (HSA) is a tax-favored account that individuals enrolled in a high deductible health plan can use to save for medical expenses not covered by their health plan. Employers may fund an HSA and/or employees may contribute to an HSA, depending on plan structure. The employee, as account holder, may use the funds in the HSA to pay for eligible medical expenses. Amounts may be taken from the account for non-medical expenses, subject to tax penalty.
The U.S. Department of Labor, Wage and Hour Division, issued an opinion on what counts as work time under the Fair Labor Standards Act when employees travel to and from work.
Q.- Can an employee get reimbursed from his dependent day care FSA for the cost of gas to take his child to and from the daycare center?
Q.- Can a participant use his health care flexible spending account to pay for vitamins?
Group health plans must comply with many rules set by the U.S. Department of Labor (for those subject to ERISA), the Internal Revenue Service, and other federal agencies. It is important for plan sponsors to understand their compliance obligations.