October 30, 2020
his alert is of interest to employers with 50 or more full-time equivalent employees and employers of any size with self-insured plans. Below you will find a link to a PDF version of our ACA Reporting Guide for 2020, which reflects the final forms, instructions and extensions recently released by the IRS. The guide includes advice for employers that receive penalty or late filing letters from the IRS.
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September 8, 2023
Tenth Circuit Court of Appeals Hands Down a Big Win for ERISA Preemption After several failed attempts by pharmacy benefit managers (“PBM”) to challenge state laws regulating PBMs, the 10th Circuit Court of Appeals (in Pharmaceutical Care Management Association v. Mulready) handed down a big win for PBMs and, by extension, self-funded ERISA plans, when […]
August 28, 2023
IRS Issues Affordability Percentage Adjustment for 2024 The Internal Revenue Service (IRS) has released Rev. Proc. 2023-29, which contains the inflation adjusted amounts for 2024 used to determine whether employer-sponsored coverage is “affordable” for purposes of the Affordable Care Act’s (ACA) employer shared responsibility provisions and premium tax credit program. As shown in the table […]