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12/01/2021
Compliance News
11/24/2021
Outbreak Period - Guidance on Extended Timeframes for COBRA Elections and Payments
The Internal Revenue Service (IRS) released Notice 2021-58, which further clarifies how to apply the extended deadlines for COBRA elections and COBRA premium payments during the Outbreak Period (i.e.,...
11/22/2021
2022 Health FSA Contribution Cap Rises to $2,850
The Society for Human Resource Management reports that employees can put an extra $100 in their health care flexible spending accounts (FSAs) next year. The IRS announced on November 10 that the a...
11/22/2021
HSA Exception for Telehealth Ends December 31
The ability of HSA plans to cover telehealth at 100% is ending effective January 1, 2022 for calendar year plans. Under the CARES Act, a high deductible health plan (HDHP) can temporarily cov...
11/06/2021
Compliance Alert: OSHA Releases Emergency Temporary Standard Regarding COVID-19 Vaccination Mandate
On November 4, 2021, the Occupational Safety and Health Administration (OSHA) released its highly anticipated emergency temporary standard (ETS) requiring businesses with at least 100 employees to...
10/14/2021
2022 Affordability Percentage Decreased
In Revenue Procedure 2021-36, the IRS decreased the affordability percentage from 9.83% to 9.61% for 2021. This percentage determines which applicable large employers may face penalties under §4980H(b...
09/24/2021
Vaccine Mandates and Employer Support
The Biden administration vaccine mandate announcement is obviously big news, and employers have many questions about how this will work. However, the compliance and legal issues raised by this mandate...
09/21/2021
Issuing MLR Rebates 2021
MLR season is upon us once again. This year is shaping up to be another interesting year with higher than expected MLR rebates than have been typical over the last few years. We have a guide that ...
09/15/2021
Proposed Rule on Broker Compensation Transparency
The Administration issued a proposed Rule that addresses disclosures of broker compensation and air ambulance fees. The Proposed Rule is related to the No Surprises Act. Carriers that offer in...
08/30/2021
2022 ACA Play or Pay Mandate Cheat Sheet
Amwins Connect has created an all-in-one cheat sheet on the Play or Pay Employer Mandate for 2022. You can easily find information on the penalties for not offering insurance or not offering affor...
08/27/2021
“No Surprises Act” Update
The Consolidated Appropriations Act of 2021 (CAA), also called the “No Surprises Act” required all health insurance carriers and employers that offer group coverage to provide increased transparen...
08/26/2021
