Employee Benefits

Compliance Alert: Prescription Drug Reporting Reminder

2022-11-07T17:53:39-05:00November 7th, 2022|Benefits Administration, Employee Benefits, Employee Benefits Compliance|

Plan sponsors of group health plans must submit information annually about prescription drugs and health care spending to the Centers for Medicare and Medicaid Services (“CMS”). The first deadline is December 27, 2022 for reporting on calendar years 2020 [...]

The Details of the Granite State (New Hampshire) Paid Family Leave Plan

2022-11-05T13:09:40-04:00October 31st, 2022|Benefits Administration, Employee Benefits, Employee Benefits Compliance, Employee Benefits Legislation, New Hampshire News|

Federal programs like the Families First Coronavirus Response Act (FFCRA) mandated periods of paid leave—short and long—for qualifying employees and offset the expense on businesses with a payroll tax credit. The FFCRA has largely been viewed as a success, [...]

Colorado Requires Contributions for Paid Family and Medical Leave on January 1

2022-11-05T13:02:23-04:00October 31st, 2022|Colorado News, Employee Benefits, Employee Benefits Compliance, Human Resources|

Colorado’s paid Family and Medical Leave Insurance Program (FAMLI) will launch next year. FAMLI benefits include partial wage replacement, job protection, and continuation of group health care coverage. FAMLI is funded by payroll contributions and is administered by the [...]

Consolidated Appropriations Act (CAA) Provisions In Effect: How Is Your Health Plan Impacted?

2022-11-05T12:19:41-04:00October 5th, 2022|Benefits Administration, Employee Benefits, Employee Benefits Compliance, Employee Benefits Legislation, Labor News|

Although the Consolidated Appropriations Act, 2021 (CAA) was passed nearly two years ago, several requirements that impact health and welfare plans have largely gone unnoticed by many brokers and most employers. Though some implementation deadlines were initially delayed, several major [...]

Compliance Update: 5 Most Important Steps for Employers Doing Their 2023 ACA Compliance Planning

2022-10-13T00:01:32-04:00September 20th, 2022|ACA Compliance, Benefits Administration, Employee Benefits, Employee Benefits Compliance|

Applicable large employers must adhere to many Affordable Care Act (ACA) rules to maintain compliance regarding group health plan offerings. We offer the following checklist of the five most helpful reminders you should take into account as you plan [...]

Human Resources Alert: Connecticut Expands Antidiscrimination Protections

2022-09-16T14:07:17-04:00September 15th, 2022|Benefits Administration, Connecticut News, Employee Benefits, Employee Benefits Compliance, Labor News, Legislative News|

Connecticut has amended its human rights law to broaden coverage to all employers—regardless of their employee count—and to add domestic violence protections. The changes take effect on October 1, 2022. Antidiscrimination Protections The Connecticut Fair Employment Practices Act (CFEPA), [...]

Connecticut Adds CT FMLA Notice Requirements

2022-08-17T12:07:21-04:00August 17th, 2022|Benefits Administration, Connecticut News, Employee Benefits, Employee Benefits Compliance, Labor News|

Connecticut has adopted new family and medical leave (CT FMLA) regulations. While the updated regulations primarily incorporate the changes to the law that took effect on January 1, 2022, they also create new notice requirements, described below. According to [...]

Why You Won’t Regret Taking Advantage of an HSA

2022-08-17T11:49:41-04:00August 16th, 2022|Employee Benefits, Health Savings Accounts|

You'll be glad you took the tax breaks. Outside of housing and maybe transportation costs, healthcare will likely be your largest retirement expense. It's unfortunate, but doctor visits become more frequent, and more health problems tend to pop up as you [...]

Agencies Issue Report on Mental Health Parity and Addiction Equity Act

2022-08-17T11:37:40-04:00August 4th, 2022|Benefits Administration, Employee Assistance Program (EAP), Employee Benefits, Employee Benefits Compliance, Employee Benefits Legislation, Wellness|

The DOL, HHS, and IRS issued a report to Congress on the failure by group health plans to comply with the Mental Health Parity and Addiction Equity Act (MHPAEA). The report is required by the Consolidated Appropriations Act, 2021 (CAA), which [...]

Reminder: PCORI Fee Is Due Aug. 1 for Self-Insured Health Plans

2022-07-19T15:19:31-04:00July 19th, 2022|Benefits Administration, Employee Benefits, Employee Benefits Compliance, Human Resources|

At the end of last year, the IRS raised the fee that insurers or sponsors of self-insured health plans pay annually to fund the federal Patient-Centered Outcomes Research Institute (PCORI) trust fund. The new fee is $2.79 per covered [...]