Author Blog Post Archive
Earlier this year, the IRS issued final regulations that change the filing requirements for several common employer information returns, including Form W-2, the Form 1099 series, and the Form 1094 and 1095 series. The final rule significantly lowers the threshold for mandatory electronic filing, which will require many filers who currently submit certain tax forms […]
Overview Hospital indemnity or other fixed indemnity insurance provides fixed, cash payments upon the occurrence of a health-related event. Payments under fixed indemnity insurance must be made as a fixed dollar amount per day or per other time period of hospitalization or illness (for example, $100 per day of hospitalization). Benefits are paid regardless of […]
HSA Limits for 2024 IRS Revenue Procedure 2023-23 updated the limits for qualified high deductible health plans (QHDHPs) for plan years beginning in 2024 as well as the 2024 calendar year health savings account (HSA) contribution limits, as set forth below:
As we enter the time of year when employers hire summer interns, questions arise as to whether health coverage should be offered. This issue of the Benefit Minute reviews Affordable Care Act (ACA) requirements that may apply to interns.
This issue provides an update on recent regulatory and judicial activity at both the federal and state level.
This issue provides a recap of some recent regulatory activity.
President Biden has announced his intention to end both the Covid Public Health Emergency and the Covid National Emergency on May 11, 2023, although no official declaration has been made. The end of these emergency declarations will impact employer sponsored group health plans in a number of ways and employers should be familiar with and […]
As 2023 begins, the deadlines for ACA reporting and reporting to states that are enforcing health insurance individual mandates approach.
Set forth below are the 2023 and 2022 limitations for qualified plans and other benefit related items:
