Regulatory Agencies Propose Expansion of “Excepted Benefits”

Group health plans must meet many requirements under the Patient Protection and Affordable Care Act (PPACA), the Health Insurance Portability and Accountability Act (HIPAA), the Employee Retirement Income Security Act (ERISA), the Internal Revenue Code…

HHS Announces Extensions to Enrollment and Premium Deadlines for Marketplace Coverage and Eligibility for Catastrophic Coverage | PA Group Benefits

On December 12, 2013, the U.S. Department of Health and Human Services (HHS) released an Interim Final Rule that formally extends some of the marketplace (also known as the exchange) deadlines and encourages insurers to provide additional extensions if possible. Extensions Affecting the Federally-Facilitated Small Business Health Options Program (FF-SHOP) Marketplace The rule reiterates that … Continued

Highlights of the Wellness Program Requirements | PA Insurance Advisors

The wellness program rules provide an exception to the general rule that employers may not take a person’s health status into account with respect to eligibility, benefits, or premiums under a group health plan. Wellness programs, therefore, are allowed if they are designed to help employees improve their health; if they are primarily punitive they … Continued

Frequently Asked Questions about the W-2 Reporting Requirement

Employers that issued 250 or more W-2s in the prior calendar year must include the value of “employer-sponsored group health coverage” on their employees’ W-2s. This means that an employer that issued 250 or more W-2s during 2012 must include the value of employer-sponsored coverage on the employee’s 2013 W-2 (to be issued in January … Continued

Individual Insurance – What are my choices (California)?

By all accounts, California is leading the country when it comes to On-Exchange sales (Covered California). With a total 2013-2014 marketing budget of $286,519,301, Covered California is definitely working to get the word out about their options. Also …

Health Care Reform Compliance Roundup

“The Only Thing That Is Constant Is Change.” ? Heraclitus.

When it comes to health plan compliance, this statement couldn’t be truer. The IRS and the Department of Health and Human Services (HHS) are constantly developing, revising and amending regulations related to the Patient Protection and Affordable Care Act (PPACA).

December Compliance Recap

December usually brings a number of releases from the regulatory agencies and 2013 has carried on that tradition.

Frequently Asked Questions about the W-2 Reporting Requirement

Employers that issued 250 or more W-2s in the prior calendar year must include the value of “employer-sponsored group health coverage” on their employees’ W-2s. This means that an employer that issued 250 or more W-2s during 2012 must include the value of employer-sponsored coverage on the employee’s 2013 W-2 (to be issued in January 2014).

HRAs, HSAs, and FSAs under PPACA

The January Edition of UBA’s Employer Webinar Series will Take Place on Tuesday, January 14 at 2:00 p.m. ET/11:00 a.m. PT

 

Fairmount Benefits Company

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Radnor, PA 19087
610-567-0175
800-527-3615

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