by Bret Brummitt | Sep 5, 2022 | 30 for 30, Compliance, Employee Benefits, Health Insurance, Plan Design
Tip # 28: Add in a high-impact plan with low admin cost….think FSA or HRA Employee Benefits are supposed to deliver value that an employee couldn’t easily re-create on their own. If you think in terms of only “products” that you can...
by Bret Brummitt | Aug 29, 2022 | Compliance, Dept of Labor, Employee Benefits, ERISA, Health Insurance, Plan Design
The FICA Reduction & Wellness Plan Scams are back again 1st a word from our Lawyers: Beware of FICA-Reduction Arrangements using Wellness Programs It has come to our attention that certain arrangements are being marketed to employers that are intended to...
by Stacy Barrow | Aug 25, 2022 | ACA, Compliance, Dept of Labor, Employee Benefits, Health Insurance, Plan Design
Compliance Alert: IRS Issues Affordability Percentage Adjustment for 2023 The Internal Revenue Service (IRS) has released Rev. Proc. 2022-34, which contains the inflation-adjusted amounts for 2023 used to determine whether employer-sponsored coverage is “affordable”...
by Stacy Barrow | Jul 5, 2022 | ACA Reporting, Compliance, ERISA, Health Insurance
REMINDER: PCORI Fees Due By July 31, 2022 Employers that sponsor self-insured group health plans, including health reimbursement arrangements (HRAs) should keep in mind the upcoming July 31, 2022 deadline for paying fees that fund the Patient-Centered Outcomes...
by Bret Brummitt | May 6, 2022 | ACA, Compliance, HSA, Uncategorized
The info you’ve been waiting for, your 2023 HSA Contribution Limits and HDHP Deductible and Out-of-Pocket Limits In Rev. Proc. 2022-24, the IRS released the inflation adjusted amounts for 2023 relevant to Health Savings Accounts (HSAs) and high deductible health...
by Stacy Barrow | May 21, 2021 | Compliance, ERISA, Health Insurance
REMINDER: PCORI Fees Due By July 31, 2021 Hint: If you have a Self-Funded Health Plan, or a Level-Funded Health plan, pay close attention. If you have a Fully-Insured Health TL:DR, the plan pays the fee on behalf of the plan. Employers that sponsor self-insured...
