Employer Guidance

Depression, anxiety, and other mental illnesses carry a workplace stigma that cause many employees to suffer in silence rather than to seek help. Many employees struggling with mental health issues have expressed anxiety about the possibility of losing their jobs due to productivity loss. One in five adults in the United States has a mental illness and have experienced symptoms at work, and according to a study done by the World Heath Organization, depression can be link... Read more
Forms 1094/1095-B (B Forms) and Forms 1094/1095-C (C Forms), and related instructions, for the 2019 tax year have been released and are provided below. Employers Subject to Reporting Applicable large employers (ALEs), who are in general, entities that employed 50 or more full-time and full-time-equivalent employees in 2018, are required to report information about the health coverage they offered or did not offer to employees for 2019. To meet this reporting... Read more
The IRS increased the dollar limit on employee salary reduction contributions under the health Flexible Spending Account (FSA) to $2,750. The dependent care limit remains $5000. Read more
Employers who provide prescription drug coverage to those who are or may become eligible for Medicare Part D, must notify both plan members and CMS on whether the coverage provided is deemed “creditable” or “non-creditable” per the MMA Act of 2003. Creditable coverage means the prescription drug plan is at least as good as the Medicare drug benefit. Read more
In a recent Notice the IRS announced the adjusted percentage that will be used to determine whether employees' share of their 2020 premiums are considered affordable for purposes of the employer mandate. Applicable Large Employers, for the 2020 plan year, will need to apply the decreased threshold of 9.78% to any of three "safe harbors": •             W-2 wages •      &... Read more
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