HHS Releases Bulletin that Extends Grandmothered Plans Through 2020
As background, in the fall of 2013, the Department of Health and Human Services (HHS) announced a transitional relief program that allowed state insurance departments to permit early renewal at the end of 2013 of individual and small group policies that do not meet the “market reform” requirements of the Patient Protection and Affordable Care Act (ACA) and for the policies to remain in force until their new renewal date in late 2014.
DOL’s Annually Adjusted Federal Penalties
On January 23, 2019, the Department of Labor (DOL) issued its Federal Civil Penalties Inflation Adjustment Act Annual Adjustments for 2019 which is the DOL's annual adjustment of federal civil monetary penalties.
Proposed 2020 Benefit Payment and Parameters Rule
The Centers for Medicare & Medicaid Services (CMS) released a proposed rule for benefit payment and parameters for 2020. CMS also released its draft 2020 actuarial value calculator and draft 2020 actuarial value calculator methodology.
Advance Informational Copies of 2018 Form 5500 Annual Return/Report
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC) released advance informational copies of the 2018 Form 5500 annual return/report and related instructions.
IRS Releases Indexed PCORI Fee
The Patient Protection and Affordable Care Act (ACA) imposes a fee on insurers of certain fully insured plans and plan sponsors of certain self-funded plans to help fund the Patient-Centered Outcomes Research Institute (PCORI). The PCORI fee is due by July 31 of the year following the calendar year in which the plan or policy year ends.
Treasury, DOL, and HHS Release Two Final Rules on Contraceptive Coverage Exemptions
The Department of the Treasury (Treasury), Department of Labor (DOL), and Department of Health and Human Services (HHS) (collectively, Departments) released two final rules on contraceptive coverage exemptions.
IRS Issues Specifications for Employer-Provided Substitute ACA Forms
The IRS has issued specifications for Employer-provided substitute ACA forms.
IRS Issues Specifications for Employer-Provided Substitute ACA Forms
The IRS has issued specifications for Employer-provided substitute ACA forms.
IRS Extends Due Date to Furnish ACA Forms to Participants and Provides Good Faith Penalty Relief
The Internal Revenue Service (IRS) issued Notice 2018-94 to extend the due date to furnish 2018 Forms 1095-B and 1095-C to individuals. The due date moves from January 31, 2019, to March 4, 2019.
HHS Releases Inflation-Adjusted Federal Civil Penalty Amounts
The Department of Health and Human Services (HHS) issued its Annual Civil Monetary Penalties Inflation Adjustment.
IRS Releases Final Forms and Instructions for 2018 ACA Reporting
The Internal Revenue Service (IRS) released instructions for both the Forms 1094-B and 1095-B and the Forms 1094-C and 1095-C and Forms 1094-B, 1095-B,1094-C, and 1095-C.
Tri-Agency Proposed Rule on Health Reimbursement Arrangements
The Department of the Treasury (Treasury), Department of Labor (DOL), and Department of Health and Human Services (HHS) (collectively, the Departments) released their proposed rule regarding health reimbursement arrangements (HRAs) and other account-based group health plans. The DOL also issued a news release and fact sheet on the proposed rule.