From policy reminders to breaking news on the federal and state level, we keep our clients and partners updated on the topics that matter in healthcare, wellness and employee benefits.
Individuals who were HSA eligible in 2017 have until the federal tax filing deadline to make or receive contributions. Thus, 2017 HSA contributions, including employer contributions, must generally be made by April 17, 2018. The 2017 contribution limit is $3,400 for self-only…Read More »
Medicare Part D Disclosure to CMS
As a reminder, employers that sponsor a group health plan that provides prescription drug coverage to Medicare Part D-eligible individuals must disclose to CMS, on an annual basis, whether the coverage qualifies as creditable or non-creditable. The disclosure is due no later…Read More »
Form W-2 Cost of Coverage Reporting
Under the ACA, large employers must report the cost of group health coverage provided to employees on the Form W-2. The requirement applies to employers that filed 250 or more Forms W-2 for 2016. Employer aggregation rules do not apply for this…Read More »
Applicable large employers (ALEs — those with 50 or more full-time employees, including equivalents) during 2016 must comply with IRC Section 6056 reporting in 2018. Specifically, ALEs should have completed and distributed a Form 1095-C to full-time employees by March 2, 2018.…Read More »