health and welfare

COVID-19 Relief Extended for Another Year

On February 18, 2022, the President once again extended the national emergency until February 28, 2023.

FuturePlan ERISA Team

COVID-19

Health and Welfare

DOL

IRS

IRS Guidance

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.

FuturePlan ERISA Team

COVID-19

Health and Welfare

DOL

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.

FuturePlan ERISA Team

Health and Welfare

Legislative updates

HSA

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.

FuturePlan ERISA Team

Health and Welfare

Legislative updates

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.

FuturePlan ERISA Team

DOL

Health and Welfare

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).

FuturePlan ERISA Team

Health and Welfare

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.

FuturePlan ERISA Team

Health and Welfare

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.

FuturePlan ERISA Team

Health and Welfare

Forms and Publications

Retirement

Employer

IRS Posts 2021 Form 8889 for HSA Reporting

The IRS has posted the 2021 tax year Form 8889, Health Savings Accounts (HSAs).

FuturePlan ERISA Team

Forms and Publications

Health and Welfare

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).

FuturePlan ERISA Team

Health and Welfare

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