Do you have lingering questions about how to report the value of employees employer-provided health coverage on their 2012 Forms W-2?
Read More…Can an employer reduce or eliminate benefits for a current employee when the employee becomes eligible for Medicare?
Read More…Read More…
Gomez v. St. Vincent Health, Inc., 7th Cir, Aug. 2011).<!—?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /?—> Tips:
Read More…Three recent court decisions involving the Consolidated Omnibus Budget Reconciliation Act (COBRA) serve as a good reminder to employers that the dangers of noncompliance with COBRA are very real. Under COBRA, employees who lose health insurance coverage due to a qualifying event must be given the opportunity to continue their…
Read More…A second appeals court has weighed in on the legality of the “individual mandate” contained in the federal health care reform law known as the Affordable Care Act (ACA), this time ruling that the mandate is unconstitutional. The ACA’s individual mandate is the requirement that by 2014 nearly all U.S. citizens must maintain health…
Read More…Check out HealthCare.gov, for a list of all the preventive services required to be covered with no cost sharing.
Read More…Although the restriction on FSA or HRA reimbursement of over-the-counter (OTC) drugs and medications went into effect on January 1, 2011, you have until June 30, 2011 to amend your plan document to reflect this change, so if you haven’t yet done so, now is the time. The federal health care…
Read More…When is the last time you reviewed and updated the summary plan description (SPD) for your company’s health plan or retirement plan? A recent decision by the Supreme Court makes it more important than ever that your plan’s SPD is up-to-date and accurate. Cigna Corporation converted its defined benefit pension plan into a “cash…
Read More…model notices issued by the Centers for Medicare and Medicaid Services (CMS). The new model notices, for use after April 1, 2011, satisfy the requirement that a group health plan notify Medicare-eligible individuals whether the plan constitutes “creditable coverage” under Medicare Part D. Although there is no requirement to issue the notices in…
Read More…