02 Sep

Posted at 21:21h in Employee Benefits White Papers by . .

Legal Update HeaderThe Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer affordable, minimum value health coverage to their full-time employees or pay a penalty. This employer mandate provision is also known as the “employer shared responsibility” or “pay or play” rules.

On Aug. 19, 2020, the Internal Revenue Service (IRS) updated its frequently asked questions (FAQs) on the pay or play penalties to include increased penalty amounts for the 2021 calendar year.

26 Aug

Posted at 16:40h in Employee Benefits White Papers by . .
News Brief header

The Supreme Court recently announced that it will hear arguments challenging the constitutionality of the Affordable Care Act (ACA) on Nov. 10, 2020—after Election Day.

A verdict on the case is expected to be reached during the spring of 2021. This announcement is the most recent development in this case. Earlier this year, the Supreme Court agreed to hear a legal challenge to the Affordable Care Act (ACA). The case involved is Texas v. Azar, a lawsuit challenging the constitutionality of the ACA’s individual mandate.

26 Aug

Posted at 16:29h in Employee Benefits White Papers by . .

According to recent estimates from the University of Maryland, there is a cyberattack every 39 seconds. Data breaches and cyberattacks are daily headlines—and employee benefits plans are no exception to that threat.

In fact, employee benefits plans are even more vulnerable as the coronavirus pandemic continues. Organizations and benefits providers are relying heavily on electronic access, ultimately creating new vulnerabilities.

20 Aug

Posted at 16:17h in Employee Benefits White Papers, Human Resources White Papers by . .

Legal Update HeaderOn Aug. 17, 2020, a federal district court granted an injunction blocking a Department of Health and Human Services (HHS) regulation that would have allowed health care and insurance discrimination based on sex stereotyping, gender identity and pregnancy-related conditions.

ACA Section 1557 Regulations

Under Section 1557 of the Affordable Care Act (ACA), discrimination on the “basis of sex” is prohibited in “any health program or activity” that receives federal funds or is administered by a federal agency.

07 Aug

Posted at 16:41h in Employee Benefits White Papers by . .

Annual Open Enrollment ChecklistOpen enrollment can be an extremely positive and rewarding experience for you and your employees.

During this unprecedented time, it’s important to review and modify employee benefits to enhance their physical, mental and financial health. Consider the following suggestions to help you prepare for a successful open enrollment period this year.