Category: Client Alerts

Updated EEOC Enforcement Guidance on Pregnancy Discrimination and Related Issues

The U.S. Equal Employment Opportunity Commission (EEOC) recently issued updated Enforcement Guidance on pregnancy discrimination and other related issues, along with a Q & A document about the guidance and a Fact Sheet for Small Businesses. This is the first comprehensive EEOC update on the subject of discrimination against pregnant workers since 1983. In addition […]

Longevity Annuities Are Now Accessible to 401(k)s and Other Retirement Plans

Final rules were recently issued by the Internal Revenue Service regarding the use of longevity annuity contracts in certain tax-qualified defined contribution plans, including 401(k) and 403(b) plans, individual retirement annuities and accounts (IRAs), and certain other plans. A longevity annuity is an income stream–a type of “deferred income annuity”–that begins at an advanced age […]

Supreme Court Ruling & Subsequent Guidance on ACA Contraceptive Mandate

Starting with plan years beginning on or after August 1, 2012, the Affordable Care Act generally requires non-grandfathered group health plans to cover additional women’s preventive services, such as contraceptive coverage, without cost-sharing. The contraceptive mandate is subject to exemptions and accommodations for religious employers and certain other non-profit religious organizations.   Supreme Court Ruling […]

PCORI Fees Due by July 31st

What is PCORI? The Patient Centered Outcomes Research Institute (PCORI) is an organization established by the Patient Protection and Affordable Care Act (PPACA) aimed at giving patients a better understanding of the prevention, treatment, and care options available, and the science that supports those options. The final rule issued by the IRS, applies to both […]

IRS provides transition relief on employer mandate

On Monday, February 10, 2014, the IRS released final regulations on the Affordable Care Act’s (ACA) employer “shared responsibility” provisions, also known as the “Play or Pay” mandate. The final regulations weigh in at 227 pages. We will review them over the coming days and will release additional communication pieces once we fully digest these […]

Strategic Alliance & ProSential Group Membership

In our mission to provide unsurpassed value to our clients, we believe it is important to access and retain the highest skilled professionals and to constantly develop the most efficient work platform and processes. Our clients are unique and we take pride in assisting them with a wide variety of issues. To that end, we […]

Flexible Spending Arrangement "Use-or-Lose" Rule Modified

The U.S. Department of the Treasury and The IRS issued a notice modifying the longstanding “use-or-lose” rule for health flexible spending arrangements (FSAs). For the first time, at the plan sponsor’s option, employees participating in health FSAs will be allowed to carry over up to $500 of unused amounts remaining at year-end. What’s changed? The […]

Medicare Part D – Creditable Coverage Annual Notice to Eligible Individuals

Many employers remain unaware that under Medicare Part D regulations, entities offering prescription drug coverage to Medicare Part D eligible employees and retirees must disclose annually to individuals whether their health plan has creditable or non-creditable prescription coverage. This requirement stems from the fact that Medicare eligible individuals who are not covered by creditable prescription […]

Exchange and COBRA Notices Requirement

One of the upcoming ACA requirements for employers is to provide a notice to employees about health insurance coverage available through a public exchange. Employers must provide this notice to each employee, regardless of plan enrollment status or part-time or full-time status, by October 1, 2013. The notice must be provided automatically, free of charge, […]

Employer Reporting and Play-or-Pay Rules Delayed until 2015

The requirement that businesses provide their workers with health insurance or face fines – a key provision contained in President Barack Obama’s sweeping health care law – will be delayed by one year, the Treasury Department said Tuesday, July 2nd. The postponement came after business owners expressed concerns about the complexity of the law’s reporting […]