24 Feb IRS Issues Final Forms and Instructions for Employer and Insurer Reporting Forms
The IRS has developed a series of forms that will be used to implement this reporting requirement. Find out more here...
The IRS has developed a series of forms that will be used to implement this reporting requirement. Find out more here...
Originally posted January 29, 2015 by Linda Rowings on www.ubabenefits.com. The excise tax on high cost plans (also referred to as the Cadillac tax and the 4980I tax) is scheduled to take effect in 2018. To date, regulations have not been issued, so many of the details...
Originally posted January 27, 2015 by Linda Rowings on www.ubabenefits.com. The Department of Labor (DOL), the Department of Health and Human Services (HHS), and the Internal Revenue Service (IRS) have issued proposed regulations that would update the summary of benefits and coverage (SBC) requirement, including the SBC template, instructions,...
On December 19, 2014, the Tax Increase Prevention Act of 2014 (TIPA) became law. TIPA included a retroactive increase for 2014 in the amount of transit benefits an employee could exclude from income, whether those benefits are paid directly by the employer or by the...
Originally posted January 13, 2015 by Dan Cook on Life Health Pro. The Patient Protection and Affordable Care Act survived yet another legal attack Monday when the U.S. Supreme Court declined to hear a challenge targeting the requirement that adult Americans enroll for coverage or pay...
Source: United Benefit Advisors, LLCPlease note that all documents are download-only. For printable versions, please contact your benefits advisor.1. The Employer's Guide to "Play or Pay"An Overview of the Patient Protection and Affordable Care Act (PPACA) and its Potential Impact on Employers and their Workforces. With...
Originally posted January 7, 2015 by Jerry Geisel on Business InsuranceMore small employers would be shielded from a health care reform law provision that requires employers to offer coverage or be liable for a stiff financial penalty under veterans-related legislation approved by the House of...
As mentioned in the first posting, wellness programs must be analyzed under a myriad of laws and regulations. Read more here...
While wellness programs have increased in popularity, according to the 2014 UBA Health Plan Survey, actual wellness program adoption has been in a holding pattern. Read more here...
Source: United Benefit Advisors, LLCThe IRS has released final regulations that address how wellness incentives or penalties, contributions to a health reimbursement arrangement, and employer contributions to a Section 125 plan are applied to determine affordability. While these regulations were issued in connection with the...