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Recent Insights

Webinar: Complicated Issues under the COBRA Subsidy Rules

Tuesday, June 8, 2021 2:00 p.m. ET / 11:00 a.m. PT Register Now On May 18, 2021, the IRS issued IRS Notice 2021-31 in the form of FAQs, which provides extensive guidance on the COBRA subsidy under the American Rescue Plan Act of 2021 (ARP). Previously, the Department of Labor, in consultation with the Department […]

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2021 Patient-Centered Outcomes Research Institute (PCORI) Fee

1 MINUTE READ The Patient-Centered Outcomes Research Institute (PCORI) fee deadline is around the corner. In Notice 2020-84, the IRS adjusted the applicable dollar amount to be multiplied by the average number of covered lives for purposes of calculating the fee for policy years and plan years that end on or after October 1, 2020, […]

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Parental Leave

On March 23, 2021, Kentucky Governor Andy Beshear signed legislation (HB 210) requiring every employer to grant up to six weeks of personal leave for adoptive parents when they need time off to adopt a child who is younger than age 10. Employers that already have a policy in place that gives birth parents more […]

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IRS Guidance on Involuntary Termination for COBRA Subsidy Eligibility

READ TIME: 4 MINUTES On May 18, 2021, the IRS issued IRS Notice 2021-31 in the form of FAQs, which provides extensive guidance on the COBRA subsidy under the American Rescue Plan Act of 2021 (ARP). Previously, the Department of Labor (DOL), in consultation with the Department of the Treasury and the IRS, issued FAQs […]

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IRS Guidance on Reduction in Hours for COBRA Subsidy Eligibility

2-MINUTE READ The IRS recently issued IRS Notice 2021-31 in the form of FAQs, which provides extensive guidance on the COBRA subsidy under the American Rescue Plan Act of 2021 (ARP). Previously, the Department of Labor (DOL), in consultation with the Department of Treasury and the IRS, issued FAQs written for the benefit of participants […]

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Section 1557 of the Affordable Care Act (ACA) Update

1-MINUTE READ The Department of Health and Human Services (HHS) announced that the Office for Civil Rights will interpret and enforce Section 1557 of the Affordable Care Act (ACA) and Title IX’s prohibitions on discrimination based on sex to include: (1) discrimination on the basis of sexual orientation; and (2) discrimination on the basis of […]

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Telemedicine: Just a Phone Call Away

2- MINUTE READ Prior to the pandemic, the idea of scheduling a virtual doctor appointment was about as novel as online dating was in the late ‘90s. Telemedicine was used by less than 5% of the U.S. population, primarily in the area of mental health with the emergence of new apps like Better Help and […]

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The IRS released the 2022 limits for health savings accounts (HSA) and high-deductible health plans (HDHP)

On May 10, 2021, the IRS released the 2022 limits for health savings accounts (HSA) and high-deductible health plans (HDHP).

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IRS Issues Guidance on Taxation of DCAP Carryover Amounts

4-MINUTE READ The IRS recently issued Notice 2021-26 to address the taxation of dependent care benefits, provided through a dependent care assistance program (DCAP) in taxable years ending in 2021 and 2022 due to the application of either the carryover or the extension of a claims period under the Taxpayer Certainty and Disaster Tax Relief […]

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April Compliance Recap

4 MINUTE READ April was a busy month in the benefits industry, largely due to the temporary 100% COBRA subsidy mandated by the American Plan Rescue Act of 2021 (the ARP). The Departments of Labor, Treasury and Health and Human Services (the Departments) jointly issued FAQs regarding the amendments to the Mental Health Parity and […]

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