Categorized as: Blog

3rd Quarter Newsletter of 2018

Below please find our Compliance Observer Newsletter for the 3rd quarter of 2018. This newsletter contains information on many employee benefits compliance issues. The following articles, information, and important reminders are contained in this Newsletter: -Medicare Part D Notices -Summary Annual Reports Due -ACA Reporting -Affordable Health Plans in 2019 -Exchange Model Notice -New Model FMLA Forms -Health FSA Carryovers -Employers Not Required to Provide Specific Requested Reasonable Accommodations -MLR Rebates -Federal Court Approves $115 Million Settlement -Save American Workers Act of 2018 Compliance Observer Newsletter- 3rd Quarter 2018

House Passes Enhanced HSA Bills

In late July the House of Representatives adopted two healthcare bills that, among other things, allow for more flexibility surrounding how healthcare consumers can spend their savings for medical related expenses, including expanding how Health Savings Accounts (HSAs) may be used and increasing the maximum contribution limits to these accounts. The bills, H.R. 6199 and H.R. 6311, expand tax-advantage health care accounts, inclusive of HSAs, Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs). These bills are broader than the versions passed by the House Ways and Means Committee recently, as they also include aspects of other bills that had…

Voluntary Benefits: Best Practices for Communication and Enrollment

Webinar: Voluntary Benefits: Best Practices for Communication and Enrollment When: Wednesday August 22nd Time: 2 pm EDT Cost: Free Register Now! This webinar is pre-approved for SHRM Credits! What are employers doing to stay on the cutting edge to ensure that employees fully leverage their benefits offering? There are several tools to achieve this while making the process proactive and engaging. We will review industry standards from employee polls regarding open enrollment processes to make sure the information is simple and clear as well as enrollment studies from our carrier partners to help re-invent the enrollment experience. With early campaigning, clear…

HIPAA Privacy Rule & Security Rule Risk Analysis

Webinar: HIPAA Privacy Rule & Security Rule Risk Analysis When: Tuesday July 31st Time: 3 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! The standards for Privacy and Security of Individually Identifiable Health Information establish a set of national standards for the protection of certain health information impacting covered entities. These standards are better known as the Privacy Rule and the Security Rule. Are YOU a covered entity? Do you know your duties as a covered entity? Now let’s say you’ve been following a thorough, detailed set of written security measures that you found…

2nd Quarter Newsletter of 2018

Below please find our Compliance Observer Newsletter for the 2nd quarter of 2018. This newsletter contains information on many employee benefits compliance issues. The following articles, information, and important reminders are contained in this Newsletter: Embedded Out-of-Pocket Maximums Where are we with Wellness? Calendar Year Plans must file Form 5500 by July 31, 2018 PCORI Fees due by July 31, 2018 Proposed FAQs on Mental Health and Substance Use Disorder Parity 2019 HSA and HDHP Amounts IRS Continues to Issue Employer-Shared Responsibility Payment (ESRP) Letters Final Rules for Association Health Plans Released by the DOL Did You Know? – SBCs Compliance Observer Newsletter-…

Total Rewards Strategies: Getting the Most from Your Rewards Dollars

Webinar: Total Rewards Strategies: Getting the Most from Your Rewards Dollars When: Thursday June 21st Time: 2 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! Total rewards is an approach and framework for managing the elements of the employment interface between the organization and its workforce. As a strategy, it provides a vehicle for: Identifying value-added employment-related factors; Prioritizing the organization’s human resource investment; Rationalizing different components of the employment interface; and Communicating the alignment between rewards and business strategy. Please join us for this HRCI* and SHRM** pre-approved, complimentary, one-hour webinar as Dan Ripberger, Managing Director…

NJ Becomes Second State to Adopt Individual Mandate

On Wednesday, Governor Phil Murphy signed into law a bill that will require all New Jersey residents to have health coverage or pay a penalty. NJ is the second state in the country to adopt an individual health insurance mandate. NJ lawmakers feared that, with the decision to repeal the federal mandate established under the Affordable Care Act, healthier people would leave the state’s Obamacare market which would cause premiums to spike. As a response, Democratic lawmakers drafted the bill NJ A3380 (18R). NJ’s mandate mimics the former federal requirement and includes an annual penalty of 2.5% of household income…

Substance Abuse Treatment: Fraud, Abuses, and Other Barriers to Effective Care

Webinar: Substance Abuse Treatment: Fraud, Abuses, and Other Barriers to Effective Care When: Thursday May 31st Time: 2 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! The ACA, Mental Health Parity Act and opioid epidemic have created a “perfect storm” in the substance abuse treatment field. Prior to these legislative changes, many plans had very low financial exposure, limiting the number of treatment days/visits available per year, or even in a lifetime. Today’s reality is that substance abuse treatment facilities are growing rapidly with more direct to consumer marketing of their “luxury, resort-like” amenities….

IRS HSA Contribution Update

As you are aware the IRS recently made a change to the Health Savings Account Family contribution limit for 2018. Reducing the family HDHP maximum from $6,900 to $6,850. This week a revised update has been released. The Internal Revenue Service (IRS) announced that the maximum contribution to a health savings account (HSA) for family coverage under a high-deductible health plan has reverted to $6,900 for 2018 (Revenue Procedure 2018-27). This new decision reverses an announcement earlier this year that reduced the annual family contribution limit to $6,850. The updated ruling is intended to alleviate unanticipated administrative and financial burdens…

Improve Your 2018 Compliance Outlook with These 13 Lucky Tips & Insights

Webinar: Improve Your 2018 Compliance Outlook with These 13 Lucky Tips & Insights When: Thursday April 26th Time: 2 pm EDT Cost: Free Register Now! This webinar is pre-approved for HRCI & SHRM Credits! 13 is your lucky number! Join AP Benefit Advisors’ General Counsel and VP of Compliance, Patrick Haynes, for this complimentary, one-hour webinar as he counts down these 13 lucky tips and insights to improve your 2018 compliance outlook: ACA – Limits (OOPMax Changes 2018 vs. 2019, Affordability Changes 2018 vs. 2019) ACA – Cadillac Tax EEOC – Wellness Litigation (AARP vs. EEOC) HCR – AHPs (Association Health…