Knowledge Center
Employers with employees working in California who participate in a flexible spending arrangement (FSA), including a health FSA, dependent care FSA, or adoption assistance FSA must comply with a new
President Trump recently issued an Executive Order directing relevant federal agencies to issue regulations or other guidance to make available more meaningful information related to the price and
My Benefit Advisor, Compliance, March, 2021, New York Requires Paid Leave for COVID-19 Vaccinations
The Consolidated Appropriations Act, 2021 imposes new reporting requirements related to pharmacy benefits and prescription drug costs that apply to group health plans and health insurance issuers. On
Individual Coverage HRA Plan (ICHRA)
The IRS released Notice 2021-26 to address taxation of Dependent Care Assistance Programs as it relates to the relief afforded under Section 214 of the Consolidated Appropriations Act, 2021 and the
The IRS released the inflation adjustments for health savings accounts and their accompanying high deductible health plans effective for calendar year 2022, and the maximum amount that may be made
For a large number of employers, the exceptional economic pressure placed on them during 2020 has only heightened the annual challenge of managing costs relating to their company’s benefit programs.
On March 19, 2021, California Governor Newsom signed Senate Bill No. 95 into law, adding a new section to the California Labor Code which requires employers to provide 2021 COVID-19 Supplemental Paid
As a reminder, insurance carriers are required to satisfy certain medical loss ratio (“MLR”) thresholds. If required thresholds are not satisfied, rebates are available to employers in the form of a
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