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Affordability Percentage Decreased for Plan Years Beginning in 2024
On Aug 23, 2023, the IRS updated the affordability percentage to 8.39% (a significant ...
Hot Topic: "Can we make retroactive changes to an employee’s benefit election?"
Contrary to what’s commonly done in practice, Section 125 requires that employers only ...
Proposed Rules and Congressional Report Issued for Mental Health Parity
The Departments have issued proposed rules that would, if finalized, modify current ...
Top 10 High-cost Claim Conditions
Top 10 High-cost Claim Conditions in 2022 Stop-loss provider Sun Life released its 2022 ...
IRS Guidance on Preventive Care and COVID Testing Covered under HDHPs
The IRS issued Notice 2023-37 regarding high-deductible health plans (HDHPs) that ...
Form 5500 Is Due by July 31, 2023 for Calendar Year Plans
Employers with employee benefit plans that operate on a calendar year basis must file ...
PCORI Fees Due by July 31, 2023
The PCORI fee must be reported each year on IRS Form 720 for the second quarter of the ...
Prescription Drug Data Collection (RxDC) Reporting Requirement Due June 1
Act now for your CMS submission due June 1, 2023! Under Section 204 of the Consolidated ...
HSA, HDHP, and Excepted Benefit HRA Limits Announced for 2024
The IRS announced under Revenue Procedure 2023-23 cost-of-living adjustments to dollar ...