On April 5, 2022, the Treasury Department and Internal Revenue Service (IRS) issued proposed regulations aimed at correcting the “family glitch” in the Affordable Care Act (ACA) affordability calculation method. This change was made in order to enable dependents in low-income families to more easily qualify for an exchange subsidy. Background Proposed Changes Impact to…

On April 9, 2022, the Maryland General Assembly passed the state’s Time to Care Act (the Act), overriding Governor Larry Hogan’s previous veto of the bill and establishing a Family and Medical Leave Insurance Fund for the purpose of administering paid family and medical leave (PFML) benefits for Maryland employees. Contributions under the law will…

Deadlines are approaching for several important reporting obligations with respect to the federal Affordable Care Act (ACA) and states with ACA-style individual mandates for health insurance coverage. ACA Reporting (Federal) State Individual Mandate Reporting – California State Individual Mandate Reporting – Massachusetts State Individual Mandate Reporting – New Jersey State Individual Mandate Reporting – Rhode…

On January 27, 2022, Washington Governor Jay Inslee signed into law two amendments (HB 1732 and HB 1733) to the WA Cares Act, which, in its original form, had created a state-run long term care (LTC) program funded via a payroll tax. Several previous alerts on WA Cares are copied below for reference. The new…

Several compliance deadlines are approaching during (or soon after) the month of February. Medicare Part D CMS Filing Filing of Forms 1094-B/C and 1095-B/C to IRS HIPAA Small Breach Reporting Form M-1 Filing Requirement for MEWAs

The IRS has announced that the annual PCORI fee, which is imposed on health insurance issuers and self-insured health plan sponsors to fund the work of the Patient-Centered Outcomes Research Institute,  will increase from $2.66 per plan enrollee to $2.79 per plan enrollee. While payment of the PCORI fee is not due until July 31,…

Effective January 1, 2022, Connecticut employees can begin accessing their paid leave benefits under the state’s Paid Family and Medical Leave (PFML) Act, one of the most expansive PFML programs in the U.S. Additionally, amendments to the 1990 Connecticut Family and Medical Leave Act (CT FMLA) also took effect on January 1, 2022.

WA Long-Term Care Tax Delayed On Friday, December 17, Washington Governor Jay Inslee announced that the WA Cares payroll tax on Washington employees will be delayed until legislators have an opportunity to modify the long-term care (LTC) program the tax is intended to fund. Our previous alerts on the Washington Long-Term Care Act are copied…

With the start of a new year, there are several important reporting obligations upcoming with respect to the federal Affordable Care Act (ACA) and similar state laws. W-2 Reporting ACA Reporting (Federal) State Individual Mandate Reporting – California State Individual Mandate Reporting – Massachusetts State Individual Mandate Reporting – New Jersey State Individual Mandate Reporting…