While it may be early to be thinking about next year for some, others are already knee deep in making health plan changes for 2020. For those that like to get a jump on planning for next year, the IRS just announced the new 2020 contribution limits for a health savings account (“HSA”), as well as the 2020 minimum deductible and maximum ...
The following facts lead to a common situation experienced by many employers:
- Employee participates in the employer’s medical plan;
- Employee makes contributions to the plan for his share of the premium payment though payroll deductions;
- Employee later goes on unpaid FMLA leave, and during Employee’s leave the premium payments are no ...
At a conference late last week, an IRS official announced that the IRS was working on guidance to answer the many questions that it has received after the issuance of the PLR last August approving a unique student loan repayment arrangement inside of a retirement plan. With student loan debt continuing to rise and be an issue for employees, more and ...
Many self-funded health plan sponsors are aware that their plans are subject to HIPAA and that they must maintain policies and procedures to comply with the law. But compliance with HIPAA does not stop in the planning phase. As the threat and occurrence of security incidents become more and more common, plan sponsors must be ready to take action when ...