President Trump signed bipartisan legislation into law that contained significant changes to federal guidelines affecting employer-sponsored group health and welfare benefit plans. Click here to learn more about repealed taxes and a new one you would not have expected.
Employers sponsoring self-funded health plans with Covered Employees in San Francisco will need to calculate health care expenditures differently beginning with calendar year 2018. Click here to learn more about “No Return of Premium” and “Pay-As-You-Go” techniques.
For 2018 and 2019 only, there is a tax credit available to certain employers as to FMLA-qualifying circumstances (whether under FMLA or not) for employees earning $72,000 or less for whom paid family and medical leave is provided. Click here to read more.
On December 20, 2016, the Departments of Labor, Health and Human Services, and the Treasury (collectively, the Departments) issued the 35th set of FAQs addressing implementation of the Affordable Care Act (ACA), the Health Insurance Portability and Accountability Act (HIPAA), and the 21st Century Cures Act (Cures Act). Briefly, the FAQ: Clarifies that an otherwise…