Medicare Part D Notices Are Due Before October 15, 2019 Employers who sponsor group health plans must notify Medicare-eligible plan participants whether a plan’s prescription drug coverage is creditable, i.e., pays on average as much as standard Medicare Part D...
IRS Expands Preventive Care for HDHPs to Include Chronic Conditions The IRS released Notice 2019-45 to add care for certain chronic conditions to the list of preventive services that can be offered under high deductible health plans (HDHPs) without a deductible. Under...
Affordability Percentages Will Decrease for 2020 For plan years beginning in 2020, employer-sponsored medical coverage will be considered affordable if the employee’s contribution for self-only coverage on an employer’s lowest cost medical plan (if more than one...
Patient-Centered Outcome Research Institute Fees (PCORI) Due July 31, 2019 The Patient-Centered Outcomes Research Institute (PCORI) fee is due by July 31, 2019. The PCORI fee was created under the Affordable Care Act (ACA) to advance comparative effectiveness research...
Health FSA Limit will Increase for 2019 For taxable years beginning in 2019, the IRS dollar limit for employee health Flexible Spending Account (FSA) contributions is increased to $2,700. The health FSA dollar limit is on an employee basis; therefore, each employee...
Medicare Part D: Creditable Coverage Disclosure Notices Due Before October 15 Employers who sponsor group health plans must notify Medicare-eligible plan participants whether a plan’s prescription drug coverage is creditable, i.e., pays on average as much as...
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