212-695-7495 info@camlife.com

News & Thought Leadership

New Fiduciary Rules Impact Some HSAs

Recent regulations expanded the types of advice and circumstances that result in fiduciary status. The rules, in part, require fiduciaries to act in the best interest of plan participants with regards to HSAs and investments. Click below to find out if you are being protected.

Read the full article »

PCOR Fee Filing Reminder For Self-Insured Plans

The PCOR filing deadline is July 31, 2017 for all self-funded medical plans and HRAs for plan years ending in 2016. Do not miss out on this opportunity to check out if the changes in self-funded medical plans apply to your company.

The IRS also issued FAQs that help to address how the PCOR fee works with a self-insured health plan on a short plan year.

Does the PCOR fee apply to an applicable self-insured health plan that has a short plan year?
What is the PCOR fee for the short plan year?

Read the full article »

Recent Developments Regarding the Employer Mandate

The IRS has released new FAQs on ACA Employer Mandate penalties that build on information released in January. Employers can now face an “A” or a “B” penalty within the Employer Mandate payment.

Read our FAQ details.

Read the full article »

Adjusted PCOR Fee for Fifth Filing Year Released

The Internal Revenue Service (IRS) recently released Notice 2016-64, which provides the adjusted applicable dollar amount for the fifth filing of the PCOR fee. The adjusted dollar amount for plan years ending on or after October 1, 2016 and before October 1, 2017 is $2.26. For self-insured plans and HRAs, the PCOR fee is due…

Read the full article »

Deadline Extension for 2016 Forms 1095-C

On November 18, 2016, the IRS issued Notice 2016-70 which provides a limited extension of time for employers to provide 2016 Forms 1095-C to individuals. It also extends good-faith transition relief from certain penalties for the 2016 reporting year. Q1: What Was Extended? A1: 2016 Forms 1095-C statements must be furnished to individuals by March…

Read the full article »