As a business and tax attorney I am frequently asked by clients whether a corporation or an LLC is a better entity for their new business. My response is that each entity has certain advantages and a review of the intended use for the new business and the goals of the owners/investors must be made before that question can be definitively answered.
Continue reading Type of Business Entity: Corporation versus LLC
Group health plans offering prescription drug coverage are required to disclose to all Part D-eligible individuals who are enrolled in or were seeking to enroll in the group health plan coverage whether such coverage was “actuarially equivalent,” I.e., creditable. (Coverage is creditable if its actuarial value equals or exceeds the actuarial value of standard prescription drug coverage under Part D.) This notice is required to be provided to all Part D eligible persons, including active employees, retirees, spouses, dependents and COBRA qualified beneficiaries.
Continue reading Medicare Part D Notice Deadline Approaching
As you know, group health plans offering prescription drug coverage are required to disclose to all Part D-eligible individuals who are enrolled in or were seeking to enroll in the group health plan coverage whether such coverage was “actuarially equivalent,” ie, creditable.
Continue reading Deadline This Month for Calendar Year Plans to Submit Medicare Part D Notice to CMS
Client Alert: As part of the Patient Protection and Affordable Care Act (i.e., Health Care Reform), the annual election period that ran from November 15 to December 31st of each year is now changed and runs from October 15 to December 7th of each year.
Continue reading Medicare Part D New Annual Election Period & Revised Model Disclosure Notices
Although Congress went out with a bang they will go bust if they do not fill the holes left in the debt reduction plan passed before they left. For example: