COVID-19 Relief Extended for Another Year
On February 18, 2022, the President once again extended the national emergency until February 28, 2023.
New Guidance Related to Over-the-Counter COVID-19 Tests
Group health plans and health insurance issuers must provide benefits for certain items and services related to testing for the detection and diagnosis of COVID-19.
Legislation Proposed to Permit HSAs for Children
The Child Health Savings Account Act of 2022 would expand HSA contribution eligibility requirements by allowing parents to contribute and deduct up to $3,000 each year to their childrens’ HSAs.
Legislation Proposed to Expand Group Health Plan Coverage
The Family Plus Health Care Act of 2022 (H.R. 6508) aims to expand group health plan coverage.
EBSA Addresses COVID-19 Testing Coverage Questions
On January 10, 2022, the Department of Labor’s Employee Benefits Security Administration, issued a new set of FAQs.
Temporary Enforcement Policy for Health Plan Disclosures
The DOL’s EBSA released Field Assistance Bulletin (FAB) 2021-03 announcing a temporary enforcement policy regarding group health plan service provider disclosures under ERISA Sec. 408(b)(2)(B).
IRS Releases PCORI Fees for Health Insurance Policy
The IRS has issued Notice 2022-04, providing the adjusted applicable dollar amount to be multiplied by the average number of covered lives.
IRS Posts 2021 Instructions for Form 5330
The IRS has issued the 2021 version of detailed Instructions for Form 5330, Return of Excise Taxes Related to Employee Benefit Plans.
IRS Posts 2021 Form 8889 for HSA Reporting
The IRS has posted the 2021 tax year Form 8889, Health Savings Accounts (HSAs).
IRS Posts Instructions for Affordable Care Act Reporting
The IRS has posted 2021 detailed instructions for reporting information related to compliance with the Affordable Care Act (ACA).
No Results
