As previously reported, the Internal Revenue Service (“IRS”) extended the deadline for Information Reporting under Internal Revenue Code sections 6055 and 6056 by two to three months. However, paper filing dates have now passed; and electronic filings are due by […]
The desire to offer a wellness program to employees may seem like a no-brainer. Why wouldn’t employers encourage their employees to adopt healthy lifestyles and thereby hopefully reduce the future medical claims and health insurance premiums of employer-sponsored medical plans?
Reminder: Plan Sponsors of Certain Applicable Self-Funded Health Plans Must Make PCORI Fee Payment By July 31, 2016 Please let this serve as a reminder that the PCORI fee is due by July 31st and must be reported
The Force is with you, Jedi health care workers! This infamous Star Wars theme headlined an annual health care presentation, sponsored by the McLaren Greater Lansing Healthcare Foundation’s Business Partners in Health Committee.
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 […]