Employers who sponsor disability plans have work to do with respect to their claims and appeals procedures prior to year-end. Final regulations were recently released by the Department of Labor (“DOL”) revising the existing claims and appeals procedures regulations under […]
Macy’s and Kmart are each closing a Lansing location – but did you know that retail spending is up? It’s easier than ever to collect customer data, but business owners beware: you need to protect that data or you could […]
Employer-plan sponsors need to be ready to act as changes to the landscape of the Patient Protection and Affordable Care Act (“PPACA”) as applied to employer-sponsored group health plans are looming on the horizon. On January 20, 2017, President Trump […]
UPCOMING DEADLINES: (1) FORM W-2 REPORTING; AND (2) MEDICARE PART D NOTICES TO CMS 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 […]
As an employer, you are likely subject to Title VII of the Civil Rights Act. But did you know that your group health plan may also be subject to similar nondiscrimination rules? Employers should carefully analyze whether and to what […]
The IRS has just released its 2017 annual inflation adjustments, in which it announced that the dollar limitation under Code section 125 on voluntary employee salary reductions for contribution to health flexible spending arrangements (health FSAs) is increasing to $2,600. […]
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?