OVERVIEW On Sept. 11, 2019, the IRS updated their Questions and Answers (Q&As) on the employer shared responsibility rules under the Affordable Care Act (ACA), to include adjusted penalty amounts for 2019 and 2020. According to the FAQs, the penalty amounts will...
The IRS Office of Chief Counsel recently released an information letter regarding the employer shared responsibility (pay or play) penalties under the Affordable Care Act (ACA). This information letter confirms that the pay or play penalties continue to apply for...
Employers that sponsor group health plans should provide certain benefit notices in connection with their plans’ open enrollment periods. Some of these notices must be provided at open enrollment time, such as the summary of benefits and coverage (SBC). Other notices,...
This week, Gov. Tony Evers issued an executive order creating a Task Force on Reducing Prescription Drug Prices. The task force is charged with addressing the rising cost of prescription drugs in Wisconsin, which the executive order says cost Wisconsin residents $1.3...
Cannabidiol (CBD oil) has become a popular subject in the media. You may have even noticed it steadily finding its way onto the shelves of health stores and coffee shops, or at stores that specialize in or exclusively sell it. While you may have heard many stories on...
This News Brief video covers the latest rule expansion requiring hospitals to disclose pricing information. Proposed Rules Would Require Hospitals to Publish Retail Prices for Health Care...
OVERVIEW On July 17, 2019, the IRS released Notice 2019-45 to add care for a range of chronic conditions to the list of preventive care benefits that can be provided by a high deductible health plan (HDHP) without a deductible. Individuals who are covered by an HDHP...
Overview Most measures of economic well-being and financial resilience in 2018 are similar to or slightly better than in 2017. Many families have experienced substantial gains since the survey began in 2013, in line with the nation’s ongoing economic expansion during...
Does the dollar amount you spend on payroll processing make you cringe? Does the amount of time you spend processing payroll drive you bonkers? Maybe you have wanted to pull out your hair when a garnishment arrives in the mail. Or worse-you have employees knocking on...
