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.
Frequently Asked Questions
If an employer has been a small employer but has recently increased the number of employees, when will the employer become subject to the employer mandate and Section 6056 reporting?
An employer is subject to the employer mandate and Section 6056 reporting if they have 50 or more full-time employees, including equivalents (FTEs), in the previous calendar year. To calculate the employer’s size, an employer must first calculate the number of full-time…Read More »
What can an employer do if an employee is HSA-ineligible but has withdrawn contributions? Can the employer attempt to be reimbursed? Are there any tax consequences for either party?
As background, in order to be eligible to establish and contribute to an HSA, an individual must have qualifying HDHP coverage and must have no 'impermissible' coverage. Impermissible coverage is defined as coverage that pays for medical expenses below the statutory minimum…Read More »
Sometimes new employees receive employer-subsidized COBRA coverage from their former employer. When they do so, they often seek to delay their enrollment in their new employer’s plan in order to take advantage of the subsidized COBRA. However, there’s an argument that the…Read More »
In order for a high deductible health plan to be qualified, what are the 2018 coverage requirements?
An individual is eligible to make or receive HSA contributions if they’re enrolled in a qualified high deductible health plan (HDHP). In 2018, the HDHP is qualified if it meets the following criteria: Has a minimum single deductible of $1,350 and a…Read More »
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