March 2017

Did You Know Small Employers Now Have a Useful Tool to Help Offset the Cost of Health Insurance?

The Affordable Care Act (“ACA”) made it unlawful for employers to offer a pre-tax stipend to be used for health insurance costs.  With the passage of the 21st Century Cures Act, and adoption of the “Qualified Small Employer Health Reimbursement Arra…

January 2017

Did You Know? The Latest in ERISA & Employee Benefits

President Trump signs executive order aimed at minimizing burdens of the Affordable Care Act (ACA).President Trump’s executive order calls for federal agencies to “exercise all authority and discretion available to them to waive, defer, grant exemption…

December 2016

2016 Year End Compliance Update – Are You Ready?

While there are no major legislative changes required for 2016, there are some important compliance deadlines that are rapidly approaching. Plan sponsors can use the chart below to stay on track and maintain compliance.We also note, for your reference, ann…

July 2016

EEOC Issues Final Rule on Wellness Programs under the Americans with Disabilities Act

Many employers offer a reduction in health insurance premiums to employees who participate in wellness programs that are reasonably designed to promote health and prevent disease. For example, an employer may offer up to a 30% discount of the total cost fo…

Release of Final Summary of Benefits and Coverage Template and Uniform Glossary

Effective April 1, 2017, health plans and issuers of individual health insurance must comply with the final Summary of Benefits and Coverage (SBC) Template and Uniform Glossary. Existing SBC templates will need to be modified to reflect the final template.

Determination Letter Changes

Amid concern from the IRS’s Advisory Committee on Tax Exempt and Government Entities that the curtailment of the determination letter program is a “mistake” and “shortsighted,” recent guidance issued by the IRS has made clear that starting in 201…