The Health Insurance Tax — also known as the HIT tax — was an ill-considered part of the Affordable Care Act. It applies a steep levy to every small business health plan. In 2020, the HIT tax will cost [...]
As the Massachusetts Paid Family and Medical Leave (“PFML”) law enters the first quarter of PFML contributions, the Department of Paid Family and Medical Leave (“DFML”) has released additional guidance on the next steps for employers that have applied [...]
A new IRS notice expands the list of preventive care benefits that may be covered by a high deductible health plan (HDHP) without a deductible, or with a deductible below the minimum deductible for an HDHP. Except for preventive care benefits, [...]
A federal judge on Friday upheld the Trump administration's expansion of health insurance plans that don't meet ObamaCare's coverage requirements. U.S. District Judge Richard Leon in Washington ruled against the insurance companies that sued the administration in an attempt to [...]
On June 25, 2019, Connecticut Governor Ned Lamont signed Public Act 19-25 into law, establishing a statewide paid family and medical leave program. This new paid family leave program will be funded through a mandatory payroll tax on employees of 0.5% of income, [...]
On May 28, 2019, the IRS released Revenue Procedure 2019-25 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2020. These limits include: The maximum HSA contribution limit The minimum deductible [...]
Connecticut has adopted a schedule to gradually increase the state's minimum wage rate to $15 per hour by 2023. Because the law implements these changes over the next 5 years, the law also includes a provision that enables the state [...]
Gov. Charlie Baker put in place a three-month delay to the start of a payroll tax to fund paid family and medical leave benefits for all Massachusetts workers, signing it within 90 minutes of its final legislative vote. The law [...]
By June 30, 2019, employers must provide individualized notice to each employee (and potentially each contractor) in the state. In 2018, Massachusetts enacted the Paid Family and Medical Leave (PFML) law, which provides a right to up to 26 [...]
Association Health Plans (AHPs), under the Department of Labor’s (Department) final rule, are group health plans that employer groups and associations offer to provide health coverage to employees. The Department’s final rule on AHPs was published on June 21, [...]
