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
My Benefit Advisor, Compliance, March, 2021, New York Requires Paid Leave for COVID-19 Vaccinations
The IRS recently released cost of living adjustments for 2021, including several that affect employee benefit plans. Many applicable limits remained unchanged from their 2020 limits.
Today the Departments of Labor and the Treasury issued guidance addressing the COVID-19 Outbreak Period. Unexpectedly, they have taken the interpretation that these benefit plan deadline extensions
The Secretary of Health and Human Services has announced the administration will renew the COVID-19 pandemic Public Health Emergency, scheduled to expire on January 21, 2021. This will once again
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
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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