October 20, 2017, the Internal Revenue Service released Revenue Procedure 2017-58,which raises the health Flexible Spending Account (FSA) salary reduction contributionlimit by $50 to $2,650 for plan years beginning in 2018. The Revenue Procedure alsocontains the cost-of-living adjustments that apply to dollar limitations in certain sections ofthe Internal Revenue Code. The following summarizes other adjustments […]
Category: Compliance Alert
This alert addresses the actions taken by the Trump administration lastThursday. First, the Executive Order calling for the expanded availability ofassociation health plans, short-term insurance plans, and healthreimbursement arrangements (HRAs). It also covers
As you may have heard, yesterday President Obama signed into law an omnibus spending appropriations bill, and contained in this were several significant changes to the “Cadillac Tax” section of the Affordable Care Act. Here are the highlights: The effective date of the Cadillac Tax has been delayed until January 1, 2020 Any excise tax […]
Please refer to the important document at Massachusetts Releases Final Regulation on Earned Sick Time Law .
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 […]