compliance
January 14, 2025
Compliance Alert | ACA Reporting Obligations, Deadlines & Updates
Do you have a plan for meeting your ACA Reporting obligation? At a time when IRS ACA penalties are increasing, paper filing is disappearing and submissions are getting more complex, the urgency for timely and compliant filing is more important than ever. ACA Reporting Services Do you have a ...
January 6, 2025
Compliance Recap | December 2024
December brought two bills easing employer ACA reporting requirements. President Biden stepped away from proposed changes to the birth control opt-out for moral objections. The pre-deductible status of telehealth in HSA plans expired, and the CAA 2024 Gag Clause Attestation submission took ...
December 18, 2024
Congress Proposes ACA Reporting Updates
In a bipartisan effort, the U.S. Senate recently passed the Employer Reporting Improvement Act (the “Act”) which will become effective once signed by the President. The Act introduces helpful updates to employer reporting requirements under the Affordable Care Act (ACA) and in some cases ...
December 6, 2024
Compliance Recap | November 2024
Missouri, Alaska and Nebraska joined the growing number of states requiring certain employers to provide paid leave. Beginning in 2025, these laws will impact most employees in these states, with few exceptions. Massachusetts, Connecticut and New York represent states amending their leave ...
November 18, 2024
Compliance Alert | Gag Clause Prohibition Compliance Attestation (GCPCA)
Title II (Transparency) of Division BB of the Consolidated Appropriations Act (“CAA”) prohibits group health plans from entering into an agreement with a health care provider, network or association of providers, third-party administrator (TPA), or other service provider that include language ...
November 4, 2024
Compliance Recap | October 2024
October brought the second of two Centers for Medicare & Medicaid (CMS) Medicare Part D annual disclosures, in the form of Creditable Coverage Letters. The IRS released the 2025 cost-of-living adjustment information affecting employee benefit plans. We were reminded that while there are no ...
October 30, 2024
IRS Releases 2025 Benefit Plan Limits
As we approach 2025, it’s essential for employers to stay informed about the updated cost-of-living adjustments (COLAs) that impact employee benefits. Recent IRS updates affect key programs such as flexible spending accounts (FSAs), Qualified Small Employer Health Reimbursement Arrangements ...
October 24, 2024
Brinson Compliance Annual Notices
Employers that sponsor group health plans should provide certain benefit notices in connection with their plans’ open enrollment periods. Although these annual notices may be provided at different times throughout the year, employers often choose to include them in the new hire packet, at open ...
October 7, 2024
Compliance Recap | September 2024
September brought the due date for the Summary Annual Report, which summarizes the Form 5500 contents. Employers prepared to send out the required Medicare Part D Creditable Coverage letters to eligible participants and enrolled beneficiaries. The Departments released final rules on the MHPAEA ...
September 25, 2024
IRS Releases 2025 ACA Affordability Percentage for Employer-Sponsored Health Coverage
The IRS recently released its annual inflation adjustment to the percentage of household income used to determine whether an employer’s offer of health care coverage under the Affordable Care Act (ACA) is affordable. The good news for employers is that the percentage has significantly increased ...
