2019 - 2020 2/3

News and Updates

May 26, 2020

Updated ACA Indexed Dollar Limits Chart – June 2020

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May 15, 2020

Additional Flexibility for Cafeteria Plans and Flexible Spending Accounts

There have been many concerns and questions about whether employers have the ability to provide increased flexibility under cafeteria...

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May 7, 2020

Updated COBRA Model Notices

A Department of Labor (DOL) Press Release announced the issuance of Frequently Asked Questions under the Consolidated Omnibus Budget...

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May 5, 2020

DOL Extends Benefit Plan Timeframes Impacting COBRA Timelines

he US Department of Labor (“DOL”) and various other federal agencies have issued new final rules imposing mandatory timeframe extensions...

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Mar 20, 2020

NJ Individual Health Mandate Employer Reporting - Now Due May 15, 2020

Effective January 1, 2019, New Jersey (NJ) requires its residents to maintain health insurance (minimum essential health coverage),...

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Mar 11, 2020

HDHPs/HSAs and Expenses Related to Coronavirus

In response to growing concerns about the 2019 Novel Coronavirus (COVID-19) and the associated expenses, the Internal Revenue Service...

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Mar 6, 2020

HIPAA Privacy and Coronavirus

In light of the Novel Coronavirus (COVID-19) outbreak, the Office for Civil Rights (OCR) at the U.S. Department of Health and Human...

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Mar 2, 2020

US Supreme Court to Rule on the ACA…Again

The US Supreme Court announced on March 2nd, that it will review the latest challenge to the Affordable Care Act’s (ACA)...

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Jan 24, 2020

2020 Calendar Year Prescription Drug Report of Creditable Coverage Status Due to CMS by March 1

Group health plan sponsors that offer prescription drug coverage must, at least annually, notify Medicare Part D eligible individuals and...

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Jan 21, 2020

NJ Family Leave and Disability Insurance Update

New Jersey’s Family Leave Insurance (FLI) and Temporary Disability Insurance (TDB) laws were expanded in 2019 and the changes are phased...

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Jan 17, 2020

NJ Individual Health Mandate – Employer Reporting Requirement (UPDATED)

Effective January 1, 2019, New Jersey (NJ) required its residents to maintain health insurance (minimum essential health coverage)...

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Dec 23, 2019

Cadillac and Other ACA Taxes Repealed; PCORI Extended

The President has signed 2020 spending legislation (the 2020 Further Consolidated Appropriations Act), repealing three Affordable Care...

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Dec 11, 2019

IRS Extends Due Date to Issue Health Coverage Forms to Individuals in 2020

The IRS has announced a welcome extension of the 2020 due date for certain entities to provide 2019 health coverage information Forms...

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Dec 11, 2019

ACA Reporting - Draft 2019 Forms and Instructions

The IRS has released draft versions of the Form 1094/1095 information returns and instructions for the 2019 tax year (for filing in early...

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Dec 11, 2019

Final 2019 ACA Reporting Forms Released

The Internal Revenue Service (IRS) has issued final 1095-A, 1094-B, 1095-B, 1094-C, and 1095-C forms and instructions for employers, plan...

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Dec 2, 2019

Updated SBC Templates for 2021

The Department of Labor (DOL) has issued updated summary of benefits and coverage (SBC) templates, instructions, and related materials...

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Nov 27, 2019

Updated ACA Indexed Dollar Limits Chart - June 2019

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Nov 22, 2019

Rules Issued to Increase Healthcare Price Transparency

Insurers and employer-sponsors of non-grandfathered health plans may soon have to disclose extensive amounts of plan cost-sharing...

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Nov 14, 2019

Drug Coupons and Employer Group Health Plans

An annual Health & Human Service (HHS) final rule issued earlier this year created confusion around the circumstances under which group...

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Oct 22, 2019

Affordability and Nondiscrimination Rules for Individual Coverage HRAs

Some employers may be considering an offer of Individual Coverage Health Reimbursement Arrangements (ICHRAs) beginning January 1, 2020,...

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