It is important for employers who sponsor a group health plan to know the proper employee counting method in order to adequately determine what possible laws, regulations, fees and penalties…
7.24.2019
Farah Waleed
Throughout the year, welfare benefit plans and pension benefit plans start the process of preparing their annual Form 5500 filings at the end of their plan year. These annual filings…
6.17.2019
Compliance Confidence
2 min read
Department of Labor (DOL) and Internal Revenue Service (IRS) Spring 2019 Agenda
The Department of Labor (DOL) and Internal Revenue Service (IRS) released the spring 2019 regulatory agenda. Though the list spans across many areas, we’ve broken out the specific regulations, proposed…
6.04.2019
As of 2015, the Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer affordable minimum essential coverage to full-time employees and their dependents. ALEs must report information about…
5.17.2019
In December of 2017, Congress passed the Tax Cuts and Reform Act of 2017. One of the provisions of this law was repealing the individual mandate by making the penalty…
4.22.2019
Compliance Confidence
2 min read
Department of Justice (DOJ) Indictments Involving Telemedicine $1.2 Billion Medicare Fraud Scheme
On April 9, 2019, one of the largest healthcare fraud schemes brought about charges against 24 individuals. This list includes CEOs, COOs and others associated with five telemedicine companies, owners…
4.20.2019
Compliance Confidence
3 min read
CMS Drug Dashboard Updated With Prescription Drug Pricing and Spending Data
The Centers for Medicare & Medicaid Services (CMS) recently updated its Drug Spending Dashboards (Dashboards) with data for 2017. CMS first released these Dashboards in May of 2018 to provide more…
3.26.2019
Compliance Confidence
2 min read
IRS Provides Examples of When an Employer Can Recover HSA Contributions
The Internal Revenue Service (IRS) recently released Information Letter 2018-0033, providing more clarification in regards to certain situations that would allow an employer to request the return of mistaken Health…
2.22.2019
The Department of Labor (DOL) issued their final regulations for inflation adjustments of civil monetary penalties for employer-sponsored health plans. This annual adjustment is based on the cost-of-living increase of…
1.31.2019
Compliance Confidence
2 min read
Health and Human Services (HHS) Issues Annual Adjusted Civil Monetary Penalties
The Department of Health and Human Services (HHS) recently announced their annual adjustments of civil monetary penalties that impact employer-sponsored health plans. The latest adjustments are based on a cost-of-living…
11.02.2018
Section 125 – Cafeteria Plans A section 125 plan, often referred to as a cafeteria plan or POP plan, provides a means for employers to create a tax savings arrangement…
10.17.2018