Legal Alert
Carrier Premium Credits and ERISA Fiduciary Obligations
Due to COVID-19 and state and local stay-at-home orders, utilization of group medical and dental insurance benefits is down. As a result, some carriers recently notified employers that they will be issued premium credits. When asking how these premium credits should be treated by the employer, we... Find out more »
Tax Credits Under FFCRA: Qualified Leave Wages & Health Plan Expenses
This content was last reviewed on April 14, 2020.
Employers who are uncertain about how to calculate their qualified health plan expenses and qualified leave wages should consult with their legal counsel or financial adviser.
The Families First Coronavirus Response Act (“FFCRA”)... Find out more »
IRS Releases 2020 HSA Contribution Limits and HDHP Deductible and Out-of-Pocket Limits
This alert is of interest to all employers that sponsor group health plans. Note that employers with “grandfathered” or “grandmothered” plans are not subject to the ACA out-of-pocket limits, although the HSA/HDHP rules still apply if the plan is an HSA-qualified HDHP.
In Rev. Proc.... Find out more »
District Court Judge in Texas Strikes Down the ACA – But Law Remains In Effect for Now
On Friday, December 14, a federal judge in Texas issued a partial ruling that strikes down the entire Affordable Care Act (ACA) as unconstitutional. The White House has stated that the law will remain in place, however, pending the appeal process. The case, Texas v. U.S., will be appealed to... Find out more »
IRS Extends Deadline for Furnishing Form 1095
This alert is of interest to Applicable Large Employers (employers with 50 or more full-time equivalent employees) and employers of any size with self-insured plans.
The Internal Revenue Service (IRS) has released Notice 2018-94, extending the deadline for furnishing 2018 Forms 1095-B and 1095-C... Find out more »
IRS Increases Health FSA Contribution Limit for 2019, Adjusts Other Benefit Limits
On November 15, 2018, the Internal Revenue Service (IRS) released Revenue Procedure 2018-57, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to $2,700 for plan years beginning in 2019. The Revenue Procedure also contains the cost-of-living... Find out more »
Medical Loss Ratio Rebates
Medical Loss Ratio Rebates Under the Affordable Care Act
The U.S. Department of Health and Human Services (“HHS”) has provided guidance on the Affordable Care Act’s (“ACA’s”) medical loss ratio (“MLR”) rule, which requires health insurers to spend a certain percentage of... Find out more »
