benefits_header

CHECKLIST FOR 2017 ACA COMPLIANCE

As you prepare for 2017, this 15-page checklist serves as a valuable reminder of what is required in order to comply with federal regulations. It also provides insight on anticipated changes that have not yet been finalized, so that you can keep your plans flexible and be ready to adapt to these if and when you must.

  • ACA Overview: 2017 Compliance Checklist     #143058

___________________________________________________________________

OCTOBER 14th DEADLINE FOR MEDICARE PART D NOTICES

Group health plan sponsors are required to notify individuals who are eligible for Medicare Part D, as well as the Centers for Medicare and Medicaid, whether their plan’s prescription drug coverage is creditable. The following will briefly guide you through the requirements that apply, as well as provide sources for more detailed assistance for employers.

  • Compliance Bulletin: Medicare Part D Notices Are Due by Oct. 14, 2016     #110448

___________________________________________________________________

PROMOTING HEALTH SAVINGS ACCOUNTS

The Department of Labor has provided help in determining what promotional activities are acceptable under the Final Rule issued in April. These articles will give you a quick look at what you can do to foster greater participation in HSAs.

  • HR Brief: September 2016     #131177
    • Educate Employees on the Value of HSAs
  • Benefits Buzz, September 2016:    #131148
    • DOL’s New Fiduciary Rule Impacts HSAs

___________________________________________________________________

PLANNING AHEAD

It’s best to be prepared for change, so we offer the following to give you some things to think about. Consider proposed changes to Form 5500, possible impacts to health coverages resulting from the presidential election, and the increasing popularity of telemedicine and student loan repayment benefits.

  • Benefits Buzz, September 2016:     #131148
    • Significant Changes Proposed to Form 5500
  • Benefits Insights: How the 2016 Election Could Affect Health Care       #142821
  • Benefits Insights: 2016 Benefits Trends So Far     #142193

___________________________________________________________________

WELLNESS ARTICLES

This month’s wellness newsletter has brief pieces on a range of topics that may be of interest to your employees.

  • Live Well, Work Well – September 2016:    #131075
    • Taking Responsibility for Your Retirement Fund
    • Green Tea – More than Just a Drink?
    • Pokemon Go: Advice for Parents

___________________________________________________________________

ACA COMPLIANCE

In July the IRS issued proposed regulations that clarify its position on the premium tax credit, the individual mandate, and the employer shared responsibility rules. The following 6-page ACA Compliance Bulletin provides detailed help with understanding the Opt-Out Payment Rules.  The Infographic gives a quick summary of the complicated process for determining whether an individual is able to claim the premium tax credit; that might be a useful handout for employees.

  • ACA Compliance Bulletin: IRS Issues Opt-Out Payment Proposed Rules     #141226
  • Infographic: Premium Tax Credit Flow Chart     #142878

___________________________________________________________________

HUMAN RESOURCES UPDATES

We’ve added several articles to the library this month that cover a range of HR topics. Some of these are aimed at an employee audience and can be helpful as articles in company newsletters.

  • HR Brief: September 2016       #131177
    • English-only Policies in the Workplace
  • HR Insights: Should Employees Be Allowed to Play Fantasy Sports at Work?     #142457
  • Fact Sheet: Interim Guidance for Protecting Workers from Occupational Exposure to Zika Virus     #143033
  • Infographic: Managing a Multi-Generational Workforce      #143034

___________________________________________________________________