Visit our blog to stay up-to-date on compliance and human capital management (HCM), courtesy of CSNW Benefits and Benefit Advisors Network. Our Compliance and HCM teams help you navigate through the complex landscape of healthcare legislation, regulation, and reform. Whether it’s ideas from the industry or emerging trends, you can read about it here. And once in a while, we may throw in a client review or some other surprise. So keep checking in. We’re glad to have you reading along.
Thursday, May 28, 2020
In Rev. Proc. 2020-32, the IRS released the inflation adjusted amounts for 2020 relevant to HSAs and high deductible health plans (HDHPs). The table below summarizes those adjustments and other applicable limits. 2021 2020 Change...
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Monday, May 18, 2020
Carrier Premium Credits and ERISA Fiduciary Obligations Due to COVID-19 and state and local stay-at-home orders, utilization of group medical and dental insurance benefits is down. As a result, some carriers recently notified employers...
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Phase 1 of our Employer Resource Guide: Navigating Risk to Health and Safety contains the following tools and resources: Updated Infectious & Communicable Disease Guidelines Family First Coronavirus Leave of Absences policies and forms...
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Wednesday, May 13, 2020
As the country continues to feel the impact of the COVID-19 National Emergency declared by President Trump on March 13, 2020, the IRS has provided some much needed guidance and relief for employees. On May 12, 2020, the IRS issued...
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Thursday, April 30, 2020
The impacts of the COVID-19 National Emergency, as declared by President Trump on March 13, 2020, have been vast. As a result, many employers and employees are struggling to meet their various filing, notice, election, or other...
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Monday, April 20, 2020
In this Part III Series, we will cover Social Security and payroll tax credits for Employers.
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Wednesday, April 8, 2020
Considerations for Policies and Forms
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Monday, April 6, 2020
In Part I of our CARES Act Series we covered the Tax Free Student Loan Repayment Plans. Part II will cover the Further Limitations on Paid Leave.
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Thursday, April 2, 2020
On March 27, 2020 Congress passed H. R. 748, (CARES Act), and President Trump signed it, making it a new law. Called to be the “single-biggest economic relief package in American history,” the CARES Act amends the Internal...
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Wednesday, April 1, 2020
Congress passes the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) On March 27, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act comes as a continued...
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Friday, March 27, 2020
As much of the country is locked-down due to coronavirus 19 (COVID-19), employers have concerns regarding their employee benefit programs. This may stem from a reduction in hours and, unfortunately, from terminating, furloughing, or...
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Thursday, March 19, 2020
On March 18, Congress passed, and President Trump signed into law, the Families First Coronavirus Response Act (FFCRA). The FFCRA is a bipartisan effort to help employers and individuals alike in managing pay, benefits, and business...
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Many employers that sponsor group health plans have portions of their employee population that are not eligible for the group health plan, typically because they are part-time employees. Employers sometimes wish to give these part-time...
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Tuesday, March 17, 2020
States and the federal government have issued (or re-issued) guidance for employers in response to the recent novel coronavirus disease 2019 (COVID-19) pandemic. As of March 14, 2020, the Centers for Disease Control and Prevention...
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Monday, March 16, 2020
With many businesses being faced with mandatory State orders to temporarily close or scale back their services in an ability to minimize the spread of the Coronavirus (COVID-19), workers are being displaced. Turning to the unemployment...
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Wednesday, March 4, 2020
With the spread of the Coronavirus (COVID-19) across the globe and 100+ confirmed cases with an unfortunate 6 deaths in the United States, employers who haven’t already developed an Infectious and Communicable Disease policy in...
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Thursday, January 2, 2020
A review of the forms and instructions for 2019. Select the link below to view and download the document (.pdf).
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Staying up to date on your participants’ beneficiary designations is likely not a top priority in your day-to-day activities as a plan administrator. However, by utilizing these three best practices, you can save yourself some...
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Most private-sector group health benefits plans are covered by the Employee Retirement Income Security Act (ERISA), which requires plan sponsors to distribute certain documents to participants. The Department of Labor (DOL) provided...
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The U.S. Food and Drug Administration issued Guidance May 13 that clears the way for pharmacists to replace some expensive biological medical products with certain biosimilars. This change has the potential to help companies save...
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Published in the June 2019 Benefits Magazine from International Foundation of Employee Benefit Plans (IFEBP) Focusing on these ten compliance traps should help health and welfare plan sponsors reduce the chance of a Department of Labor...
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Medicare entitlement (i.e. eligible & enrolled) is only a COBRA qualifying event (QE) if it causes an employee to lose group health coverage (i.e. under 20 lives, or retiree plan). So due to Medicare Secondary Payer (MSP) rules,...
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The Affordable Care Act (aka “the ACA”) has been with us for over 8 years, and there remains confusion about some of the key provisions. It hasn’t helped that there have been repeated legislative efforts to repeal the...
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On March 28, 2019, a federal judge in the District of Columbia ruled that the 2018 U.S. Department of Labor (DOL) final rules on association health plans (AHPs) are unlawful. The matter has been remanded back to the DOL with...
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It’s the time of year where open enrollment is well behind us and probably isn’t top of mind until we have to start preparing again for next year. This is great time to reflect and ask ourselves: How many employees truly...
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Code §§105 and 125 require the substantiation (e.g., a receipt or bill) of all medical expenses paid or reimbursed from a health flexible spending account (FSA). Generally, substantiation occurs prior to funds being released,...
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I’ve been meaning to ask if employees are able to add common law spouses or domestic partners to health insurance? This question comes up frequently. Many believe common law marriage is the same thing as a domestic partnership,...
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