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The 2024 Required Annual Notices to Employees

WEBShort Answer: Employers must provide the Medicare Part D, CHIP, and WHCRA notices annually. All three can be satisfied together by timing their distribution …

Actived: 5 days ago

URL: https://www.newfront.com/blog/the-2024-required-annual-notices-to-employees

Personal Protective Equipment Now Considered to be FSA/HRA

WEBThe IRS recently released Announcement 2021-7 notifying taxpayers that amounts paid for personal protective equipment (PPE) such as masks, hand sanitizer, …

Category:  Health Go Health

Well Beyond Work: The Importance of DE&I and ERG on the

WEBWhy are ERGs important? ERGs help develop future leadership roles, increase employee engagement, and expand marketplace reach. This is accomplished …

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ACA and HIPAA Excepted Benefits

WEBThe general requirements for a health FSA to be considered an excepted benefit are: The Footprint Rule: All employees eligible for the health FSA must also be …

Category:  Health Go Health

2022 Newfront Go All the Way With HSA Guide

WEBThe annual statutory maximum HSA contribution limits are for all contributions combined (employer and employee). These amounts are subject to cost-of-living adjustments each …

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Employer Responsibilities Upon Receipt of a NMSN

WEBThese include medical, dental, vision, prescription drug, mental health, other (as specified), or all health coverages available. NMSN Employer Responsibility #1: …

Category:  Medical Go Health

Compliance Considerations for Self-Insured Plans

WEBThis form is completed for every full-time employee Self-insured plans also need to report all individuals covered Two main topics being reported: 1. §6055: Individuals covered by …

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§105(h) Nondiscrimination Rules for Specialty HRAs

WEBThe §105 (h) rules define HCIs differently from the §125 cafeteria plan HCP definition. For purposes of §105 (h), an HCI is: One of the top five highest-paid officers; …

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J&J Case Practical Considerations: The ERISA Trust Rules for Health

WEBIn light of the recent class action lawsuit filed against Johnson & Johnson (“J&J”) as employer-plan sponsor of its group health plan ( Lewandowski v. Johnson & …

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Using an HSA for Non-Medical Expenses

WEBUnlike a health FSA or HRA, the HSA can be used for both medical and non-medical expenses. The HSA is an account owned by the employee with no …

Category:  Medical Go Health

Advanced Professionals

WEBAdvanced Professionals Helps Put Spotlight on Wellness as Sponsor of American Cancer Society 5K. For the second consecutive year, Advanced Professionals Insurance & …

Category:  Cancer Go Health

Compliance FAST: Where to Define Eligibility for Health Plans

WEBQuestion: Where and how should employers define employee eligibility for the health and welfare benefit plan? Short Answer: Employers will generally look to the …

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Trend on the Rise: Mitigating Healthcare Costs With Self-Funded …

WEBSelf-funded plans, also known as self-insured plans or self-insured group health plans, empower companies to take charge of their employees' healthcare by …

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The Ripple Effect of Mental Wellbeing

WEBWhen thinking about the ripple effect, it is important to understand that some individuals may have an increased risk of developing chronic diseases like diabetes or …

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How Reference-Based Pricing is Disrupting Healthcare Models

WEBPublished August 30, 2023. Welcome to reference-based pricing, the “Wild West” of self-funded healthcare. Reference-based pricing (RBP) has emerged as a game-changer for …

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Tax Consequences of Domestic Partner Health Coverage

WEBQuestion: Could you provide a short employee-facing summary of the tax consequences for domestic partner health coverage? Compliance Team Response: For …

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How the ACA Affordability Increase to 9.83% Affects Employers

WEBExecutive Summary. 2021 Affordability Percentage Increase to 9.83%: The IRS has announced that ACA affordability percentage will increase from 9.78% in 2020 …

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CAA 2023 Includes Two-Year Extension of HSA Telehealth Relief

WEBCAA 2023 Includes Two-Year Extension of HSA Telehealth Relief. Executive Summary. Just in time to avoid a federal shutdown, Congress has passed a …

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HSA Nondiscrimination Rules

WEBEmployer HSA contributions are subject to one of two sets of nondiscrimination rules: The comparability rules of IRC §4980G; or. The cafeteria plan …

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