Blog listing
August 29, 2023
Affordability Safe Harbor
Beginning January 1, 2024, the new affordability percentage for employer-sponsored coverage will be reduced to 8.39% of the employee’s household income.
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June 21, 2023
Revised Form 720
The IRS has released a revised Form 720, Quarterly Federal Excise Tax Return, the proper method to file and report PCORI fees.
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June 13, 2023
2023 PCORI Fee Filing
What is a PCORI Fee? Also known as the Comparative Effectiveness Research Fee (CERF), the Patient-Centered Outcomes Research Institute Fee (PCORI) is one of many different fees that go towards the funding of the Patient Protection and Affordable Care Act.
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May 31, 2023
2024 Limits Announced for Health Savings Accounts (HSA), High Deductible Health Plans, and Excepted Benefit HRAs
On May 16, 2023, the Internal Revenue Service released updates to the maximum annual 2024 contribution limits for health savings accounts (HSAs) under high deductible health plans (HDHPs).
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May 10, 2023
Congratulations, David Mordo, for Winning the NJ Lifetime Achievement Award
Congratulations to David Mordo, BenefitMall Compliance Analyst, for winning the NJ Lifetime Achievement Award. He was honored on Tuesday morning at the NJ-NABIP state convention.
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May 5, 2023
Prescription Drug Data Collection (RxDC) Reporting Instructions
In these instructions, the term RxDC report refers to the data submission required under Section 204 of Division BB, Title II (Section 204) of the Consolidated Appropriations Act, 2021 (CAA).1 The Rx stands for Prescription Drug and the DC stands for Data Collection.
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April 12, 2023
Preparing Employers for the End of COVID-19 Emergencies
Back on January 30, 2023, the President announced his intention to end the COVID-19 National Emergency (NE) and Public Health Emergency (PHE) effective May 11, 2023. Employers should be preparing for the end of the relief.
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April 4, 2023
COVID-19 National and Public Health Emergencies to Terminate May 11, 2023
President Biden announced on February 10, 2023, that he anticipated terminating the COVID-19 National Emergency on May 11, 2023, and U.S. Department of Health and Human Services Secretary Becerra has advised that the COVID-19 public health emergency will also end on May 11, 2023.
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February 28, 2023
Reporting Requirement for Air Ambulance Services under the No Surprises Act
Under a proposed rule from the Department of Labor (DOL), Health and Human Services (HHS), and the Treasury, group health plans (including ACA grandfathered plans) and health insurers are required to report air ambulance services.
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February 27, 2023
David Mordo Receives Spirit of Freedom Legislative Award From NABIP
BenefitMall's senior compliance analyst, David Mordo, received the Spirit of Freedom Legislative Award presented by the National Association of Benefits and Insurance Professionals (NABIP) at their Capitol Conference in Washington, D.C.
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January 19, 2023
Illinois Passes Paid Leave for All Workers Act
On January 10, 2023, the Illinois legislature passed the Paid Leave for All Workers (PLFAW) Act.
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January 18, 2023
California Publishes 2023 Rates for Employment Development Department
Employers with employees located in California are required to withhold and send state disability contributions to the EDD.
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