Blog
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.
IRS Extends ACA Reporting Deadlines, Provides Penalty Relief for Good-Faith Compliance
The Internal Revenue Service (IRS) released Notice 2019-63 to extend the due dates for reporting and furnishing requirements under sections 6055 and 6056 of the Internal Revenue Code (Code). The Notice also provided penalty relief for these requirements if certain
HHS Issues 2020 Penalties for HIPAA Noncompliance
The Department of Health and Human Services (HHS) Office for Civil Rights (OCR) issued final rgulations adjusting civil penalties for annual inflation, including violations of the Health Insurance Portability and Accountability Act (HIPAA). These violations include those under HIPAA's Privacy
2020 Penalty Amounts for ERISA Health and Welfare and 401(k) Plans
To adjust for annual inflation, the Department of Labor (DOL) published the 2020 civil monetary penaltis for certain violations of health and retirement plans subject to the Employee Retirement Income Security Act (ERISA). The DOL must annually adjust these amounts
Loss of Unencrypted Laptop Leads to $65,000 HIPAA Settlement
The last major settlement of 2019 regarding violations of the Health Insurance Portability and Accountability Act (HIPAA) may not have been the largest penalty of the year; but it nonetheless demonstrates the importance of compliance with HIPAA. On December 30,