News-to-Use

PCORI Fee for 2020-2021 Issued

The IRS released the PCORI fee amount that must be paid by insurers or self-funded health plans for 2020-2021 coverage. The fee for plan and policy years ending on or ...
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Measuring Hours for ACA Compliance

At the start of the new year, it is important to remember to measure employee hours for ACA compliance. An applicable large employer (one with 50 or more employees in ...
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Question of the Week

Q.- We started our company in 2020 and just hired our 20th employee who will begin at the end of January. Since we have 20 employees, do we now have to offer COBRA?
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Annual Breach Notification Report

The U.S. Department of Health and Human Services issued its 2018 HIPAA breach report. The report provides an overview of the HIPAA breach notification requirements and ...
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Temporary FSA Changes Permitted for Plan Years Ending in 2020 and 2021

The Consolidated Appropriations Act of 2021 (Stimulus Bill) passed at the end of last year allows flexible spending account plans to temporarily change their design to ...
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Large Employers Must Offer Health Coverage in 2021

The Affordable Care Act requires employers that are “applicable large employers” (ALEs) to offer health coverage to their full-time employees or pay a penalty. Employers ...
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Question of the Week

Q.- A former employee has been on COBRA for 12 months. He cancelled his COBRA coverage at the end of November and enrolled in individual coverage starting December 1. He ...
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Employer Penalties for Employee Termination

The City of New Haven Health Department entered into a HIPAA corrective action plan with the Department of Health and Human Services for failing to properly terminate a ...
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Use that FSA!

Many employees who participate in a health flexible spending account plan wait until the end of the plan year to use their funds. While participants generally have a ...
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New Form 5500s Released

The U.S. Department of Labor, IRS and Pension Benefit Guaranty Corporation released copies of the 2020 Form 5500 Annual Return/Report and corresponding instructions.
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