March 13, 2018
H&W Transition Relief for Male Sterilization
The IRS released Notice 2018-12, which provides transition relief to certain health plans currently providing benefits for male sterilization or male contraceptives. This notice clarifies that a health plan providing benefits for male sterilization or male contraceptives without a deductible, or with a deductible below the minimum deductible for a high deductible health plan (“HDHP”)… Continue Reading
March 8, 2018
H&W 2018 Annual HSA Contribution Limit for Family Coverage Reduced!
The Internal Revenue Service recently issued Internal Revenue Bulletin 2018-10 wherein the maximum annual HSA contribution limit for an individual with family coverage for 2018 has been reduced to $6,850. This is a reduction of $50 from the previously established limit of $6,900. Employees who may have made HSA elections at the beginning of the… Continue Reading
March 2, 2018
H&W Sample Invoice for Section 4980H Penalties!
Last week we blogged about the IRS releasing the first round of 226J letters, which communicate to Applicable Large Employers that they have been identified as potentially liable for a Section 4980H penalty! This week, we have learned that the IRS has released a sample CP 220J Notice, which is what follows the 226J letter,… Continue Reading
February 27, 2018
H&W What’s in your mailbox? An IRS Letter 226J, Perhaps?
As announced in our blog last fall, the first round of IRS 226J letters were slated to begin rolling off the presses at the IRS. The 226J letters are the communication put out by the IRS informing applicable large employers that they have been pegged as potentially liable for an employer shared responsibility payment (aka… Continue Reading
February 22, 2018
H&W HIPAA Breach Notification: Deadline Quickly Approaching
The HIPAA Breach Notification Rule requires HIPAA covered entities and their business associates to provide notification following a breach of unsecured protected health information. In addition to notifying affected individuals and the media (where appropriate), covered entities must notify the Secretary of breaches of unsecured protected health information. Covered entities will notify the Secretary by… Continue Reading