The White House announced that insurers will not be required to meet most of the provisions of PPACA if they renew individual or small group policies that were in effect on Oct. 1, 2013.
President Barack Obama announced that Americans whose health care plans have been canceled because they fall short of PPACA standards have been granted a one-year reprieve
Review the 2014 Annual Benefit Plan Amounts here.
Seventy percent of midsized businesses said their biggest challenge in 2013 is the cost of health coverage and benefits. Read more…
Under the new rule, a plan may — but is not required to — allow participants to carryover up to $500 in unused contributions to the next plan year. The $500 carryover does not count against the maximum employee contribution to an HFSA of $2500 per year.
The U.S. Department of the Treasury and the IRS on Thursday issued a notice modifying the longstanding “use-or-lose” rule for health flexible spending arrangements. Participants now can carry over up to $500 of their unused balances remaining at the end of a plan year.
With information coming at employees from all angles, it is hard to know what to believe, let alone what parts need to be understood.
Self-insured employers and self-administered health plans are about to catch a break, thanks to fine-tuning of PPACA.
Because of the government shutdown, very little has been issued in the way of regulations or notices during October. Several items of interest to group health plans were released in September, however.
Join us November 12th for our next webinar on DOMA guidelines that have been issued, what group and retirement plans need to do to comply with this decision, ways to deal with the uncertainties created by the Court’s ruling, and when employers need to act.
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