Tax Update: IRS Provides ACA Reporting Relief

2019-12-03T18:50:11-05:00December 3rd, 2019|Employee Benefits Legislation, Legislative News|

2019 Furnishing Deadline Delayed and Additional Transition Relief Granted The IRS has delayed the deadlines by which employers must furnish 2019 Forms 1095-C and 1095-B in early 2020. As a result: Employers with 50 or more full-time employees (including full-time equivalent employees) generally [...]

FSA Contribution and Other Benefits Limits Rise for 2020

2019-12-02T11:13:50-05:00December 2nd, 2019|Employee Benefits, Employee Benefits Legislation, Legislative News|

The IRS announced an increase to flexible spending account (FSA) contribution limits for the 2020 plan year. Individuals can contribute $2,750 in 2020, up $50 from the previous year. Since this announcement came so late in the year, some [...]

In Depth: The Massachusetts Paid Family Medical Leave Act (PFML)

2019-10-08T08:55:12-05:00October 8th, 2019|Benefits Administration, Employee Benefits Legislation, Legislative News|

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 [...]

Massachusetts Paid Family and Medical Leave Payroll Deductions Begin Oct. 1, 2019

2019-09-23T12:39:58-05:00September 23rd, 2019|Benefits Administration, Legislative News|

For those companies employing Massachusetts workers, payroll withholdings to fund the leave program established by the Massachusetts Paid Family and Medical Leave Act (PFML) will begin Oct. 1, 2019. The PFML provides eligible employees with paid medical and family [...]

Senate Committee Advances $287 Billion Infrastructure Bill

2019-07-30T19:39:44-05:00July 30th, 2019|Automotive Industry News, Legislative News, Roads and Infrastructure News|

U.S. Senators John Barrasso (R-WY), Tom Carper (D-DE), Shelley Moore Capito (R-WV), and Ben Cardin (D-MD) released the following statements on the committee’s passage of S. 2302, America’s Transportation Infrastructure Act of 2019. The $287 billion infrastructure bill won [...]

Advocacy Update: Bill Ending Surprise Medical Billing Could Save $7.6B by 2029

2019-07-30T16:00:02-05:00July 30th, 2019|Employee Benefits, Legislative News|

Legislation that would end surprise medical billing would save nearly $7.6 billion over the next decade primarily by reducing federal subsidies for healthcare and insurance, the Congressional Budget Office (CBO) recently reported. Senators Lamar Alexander (R-TN) and Patty Murray (D-WA) introduced the [...]

IRS Expands Preventive Care Benefits That Are Not Subject to HDHP Deductibles

2019-07-22T12:15:24-05:00July 22nd, 2019|Employee Benefits, Employee Benefits Legislation, Health Savings Accounts, Legislative News|

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, [...]

Legislative Update: Federal judge upholds Trump’s expansion of non-ObamaCare plans

2019-07-22T10:08:49-05:00July 22nd, 2019|Employee Benefits, Employee Benefits Legislation, Legislative News, Small Business Health Insurance|

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 [...]