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.
Applicable plan sponsors must file Form 5500-series returns on the last day of the seventh month after their plan year ends. As a result, calendar-year plans generally must file by July 31 of this year (reporting on the 2017 plan year). Plans…Read More »
PCOR Fee, Form 720 Filing Due July 31
The ACA imposed the PCOR fee on health plans to support clinical effectiveness research. The PCOR fee applies to plan years ending on or after Oct. 1, 2012, and before Oct. 1, 2019. The PCOR fee is generally due by July 31…Read More »
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 »