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Friday, March 18, 2022
The recently signed Consolidated Appropriations Act, 2022 (Act) includes another twist on telemedicine (sometimes referred to as telehealth) coverage and eligibility for a health savings account (HSA). The Act provides that telemedicine coverage will again be temporarily disregarded for purposes of HSA eligibility from April 1, 2022 through December 31, 2022.
Thursday, March 10, 2022
Some healthcare facilities may also utilize their employee notaries for documents related to business operations, such as real estate documents, legal contracts, etc. Although notaries can assist with certifying important documents, they can also be held liable if the laws and guidelines that govern their position are not followed.
Thursday, February 17, 2022
The Department of Labor (DOL), Secretary of Health and Human Services (HHS), and Department of the Treasury (Treasury) [collectively, “the Departments”] have issued additional guidance, in a new set of FAQs, that clarify certain aspects of the requirement that health plans cover the cost of over-the-counter COVID test with no cost sharing.
Monday, February 14, 2022
In the last two years, some jurisdictions have enacted their own individual mandate, similar to the repealed federal individual mandate that requires residents to have minimum essential coverage. These mandates also include various reporting requirements for employers to help the state reconcile which individuals were covered.
Monday, January 31, 2022
Background Washington state passed the Long-Term Care (LTC) Services and Supports Act in 2019. This bill quickly became known as the “LTC payroll tax law” as it requires Washington workers to pay a tax of 0.58% on W-2 payroll amounts to fund the state’s LTC program. Employers do not pay the tax; it is funded Read More »
Thursday, January 27, 2022
Inevitably, every business owner will have to address the question of, “What’s next?” This can be a complicated and difficult question to answer when it comes to perpetuating a business. Business owners these days have enough on their plates as they navigate an ever-changing and demanding business landscape.
Wednesday, January 19, 2022
The Supreme Court (SCOTUS) has issued a stay that effectively blocks the Occupational Safety and Health Administration’s (OSHA) Emergency Temporary Standard (ETS) which would have required employers with 100 or more employees to implement a workplace vaccine or testing requirement. At the same time, the court allowed the Centers for Medicare & Medicaid Services’ (CMS) vaccination mandate for certain health care workers to move forward.
Wednesday, January 12, 2022
When I talk to clients about fiduciary liability, many assume that I am referring to their ERISA bond, which is actually crime coverage protecting a plan from fraudulent activities and theft of assets, and a requirement of ERISA plans. A fiduciary liability policy provides much different coverage than an ERISA bond without any overlap in coverage.
Wednesday, January 12, 2022
On January 10, 2022, the Departments of Labor (DOL), Health and Human Services (HHS), and Treasury (“The Departments”) released Frequently Asked Questions (FAQ) Part 51, in response to the Biden Administration’s directive to issue guidance requiring group health care plans and insurers to provide coverage of over-the-counter (OTC) in-home COVID-19 diagnostic tests.
Tuesday, January 4, 2022
In Notice 2022-4, the IRS provided the adjusted PCORI fees for plan years ending in October 2021 through September 2022. Employers who sponsored self-funded medical plans that ended sometime during 2021 are required to report and pay the ACA Patient-Centered Outcomes Research Institute (PCORI) fees no later than July 31, 2022.
Monday, December 20, 2021
The Sixth Circuit U.S. Court of Appeals has overturned an earlier court ruling that had blocked OSHA’s vaccine mandate Emergency Temporary Standard (ETS). The new ruling means that private employers with at least 100 employees will need to implement a mandatory vaccination program unless the U.S. Supreme Court intervenes.
Friday, December 10, 2021
It is close to that time of year again when large employers need to remember to include the cost of health care coverage in employee W-2s. The ACA requires employers to report the “aggregate cost” of certain types of employer provided health coverage on an employee’s W-2.