On June 10, the government published proposed regulations addressing, in part, the status of travel insurance, supplemental health insurance, hospital indemnity and other fixed indemnity insurance, which, if not carefully considered, arise to the level of group health plans subject […]
Reminder: Form W-2 Reporting on Aggregate Cost of Employer Sponsored Coverage Unless subject to an exemption, employers must report the aggregate cost of employer-sponsored health coverage provided in 2015 on their employees’ Form W-2 (Code DD in Box 12) issued […]
The Internal Revenue Service (“IRS”) has just extended the deadline for Information Reporting under Internal Revenue Code sections 6055 and 6056 by two to three months. IRS Notice 2016-4 extends the due dates for the 2015 information reporting requirements under […]
The IRS has finally issued guidance on the effect of opt-out payments on affordability of an employer’s offer of group health plan coverage. Please see IRS Notice 2015-87 and the summary below for more details. However, at least for this […]
Plan sponsors have work to do on their summary of benefits and coverage (“SBC”) in the coming months. The government recently published final regulations related to the Patient Protection and Affordable Care Act’s (“PPACA”) SBC requirement. The final regulations modify […]
Employers Take Note – IRS Releases Final Forms & Instructions for Information Reporting! The IRS has just released the final forms and instructions for Information Reporting under Internal Revenue Code sections 6055 and 6056.
Attorney Elizabeth H. Latchana was recently a featured guest on The Margie Shard Show, which focuses its programs on financial planning and investment strategies while covering a myriad of aligning topics. In the two part program, Beth and Margie discussed […]
Reminder: Plan Sponsors of Certain Applicable Self-Funded Health Plans Must Make PCORI Fee Payment By July 31, 2015 Please let this serve as a reminder that the Patient-Centered Outcomes Research Institute (PCORI) fee is due by July 31st and must […]
On Friday, June 26, 2015, the U.S. Supreme Court issued the 5-4 landmark decision in Obergefell v Hodges striking down same-sex marriage bans across the country as unconstitutional under the Fourteenth Amendment.