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The information and content contained in this blog are for general informational purposes only, and does not, and is not intended to, constitute legal advice. As always, for specific questions concerning your health or 401(k) plans, please consult your own ERISA attorney or professional advisor.
HIPAA Cybersecurity: Time to Strengthen your Defenses
The Office of Civil Rights (OCR) released its Q1 2022 Cybersecurity Newsletter March 17. Let’s review OCR’s guidance for HIPAA-Covered Entities (CEs) who house and transmit protected health information (PHI). Note: CE’s aren’t only hospitals and insurers; health plans (Plans)
HHS Adjusts HIPAA Penalties…Again
The Department of Health and Human Services (HHS) increased civil monetary penalties due to cost of living increases of approx. 1.052%. Amounts are effective for penalties assessed against employer-sponsored health plans on or after March 17, 2022 for violations occurring
CAA of 2022…Whhaaaattt?
Congress recently passed the Consolidated Appropriations Act of 2022. Readers may remember the Consolidated Appropriations Act of 2021 which included the No Surprises Act and numerous transparency-related provisions that caused (and are continuing to cause) massive upheavals in how health
401(K): NEW IRS PROPOSED REGS UPDATE RMD RULES FOR SECURE ACT AND OTHER CHANGES
On February 23, 2022, the IRS released new proposed regulations on required minimum distributions (“RMDs”) under tax-qualified retirement plans, including 401(k) plans. Among other things, the new proposed regulations incorporate changes made by the Setting Every Community Up for Retirement