Search Results for: Brian Gallagher

Client Alert: Delay of Deadline to Furnish Forms 1095-B and 1095-C to Individuals & Related Relief

Statements to Individuals The Internal Revenue Service (“IRS”) has extended the deadline for 2020 Information Reporting by employers (and other entities) to individuals under Internal Revenue Code sections 6055 and 6056 by just over a month. However, the deadline for these entities to file with the Internal Revenue Service (IRS) remains the same. IRS Notice … Continue reading Client Alert: Delay of Deadline to Furnish Forms 1095-B and 1095-C to Individuals & Related Relief

[Client Reminder] October 14 Deadline: Medicare Part D Notice of Creditable (or Non-Creditable) Coverage

Medicare Part D notices (of either creditable or non-creditable coverage) are due for distribution prior to October 15th. The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 requires entities who offer prescription drug coverage to notify Medicare Part D eligible individuals whether their prescription coverage is creditable coverage. With respect to group health plans … Continue reading [Client Reminder] October 14 Deadline: Medicare Part D Notice of Creditable (or Non-Creditable) Coverage

Client Alert: PCORI Fees Are Back! Payment Due July 31st

PCORI PAYMENTS ARE BACK! Plan Sponsors of Applicable Self-Funded Health Plans Must Make PCORI Fee Payment By July 31, 2020 The Internal Revenue Service recently released Notice 2020-44 which sets forth the PCORI amount imposed on insured and self-funded health plans for policy and plan years that end on or after October 1, 2019 and … Continue reading Client Alert: PCORI Fees Are Back! Payment Due July 31st

Client Alert: IRS Relaxes Section 125 Mid-Year Change Rules & Increases Health FSA Carryovers

In two recently released Notices, the Internal Revenue Service (IRS) relaxes the irrevocability rule under Internal Revenue Code section 125 relating to cafeteria plans, increases carryover allowances for health flexible spending accounts (health FSAs), extends the period of time to “spend down” unused health FSA and dependent care FSA amounts, and expands previous guidance to … Continue reading Client Alert: IRS Relaxes Section 125 Mid-Year Change Rules & Increases Health FSA Carryovers

Client Alert: COVID-19 Group Health Plan Service & Notification Requirements

On April 11, 2020, the Departments of Labor, Health and Human Services, and Treasury (Departments) jointly released frequently asked questions (FAQs) regarding health care coverage issues surrounding the implementation of the FFCRA and the CARES Act. See Joint FAQs. Notably, the Departments maintain that the FAQs are a statement of policy and are effective immediately. The … Continue reading Client Alert: COVID-19 Group Health Plan Service & Notification Requirements

13 Fraser Trebilcock Attorneys Selected for 2014 List of Super Lawyers, 2 Named “Rising Stars”

Thirteen Fraser Trebilcock attorneys have been selected for inclusion on the 2014 list of Super Lawyers, with two additional attorneys named “2014 Rising Stars in Michigan”. In addition, the firm is proud to announce that attorney Marlaine C. Teahan has been included as one of the ‘Top 50 Female Attorneys in Michigan’, one of the … Continue reading 13 Fraser Trebilcock Attorneys Selected for 2014 List of Super Lawyers, 2 Named “Rising Stars”