Several ACA requirements will be affected by changes that take effect in 2020, such as increased dollar limits and affordability percentages. To prepare for 2020, employers should review upcoming requirements and develop a compliance strategy. This ACA Overview provides an ACA compliance checklist for 2020.
Implementing a health reimbursement arrangement (HRA) can be difficult for employers because there are many plan design rules for these accounts. This Compliance Overview compares key features for the different types of HRAs, including individual coverage HRAs (ICHRAs), excepted benefit HRAs (EBHRAs), retiree-only HRAs and traditional HRAs that are integrated with the employer's group health plan.
Many employee benefits (such as HSAs, health FSAs and transportation fringe benefit plans) are subject to annual dollar limits that are periodically updated for inflation. This Compliance Overview includes a chart of the inflation-adjusted limits for 2020.
Employers must comply with numerous reporting and disclosure requirements throughout the year in connection with their group health plans. This Compliance Overview explains key 2020 compliance deadlines for employer-sponsored group health plans. It also outlines group health plan notices that employers must provide annually.
This Compliance Overview includes a chart that summarizes key HSA features for 2020, including employee eligibility rules, annual contribution limits, distribution rules and potential tax benefits.
Wellness plans must be carefully structured to comply with federal laws. This Compliance Overview summarizes the requirements for wellness plans under HIPAA (as amended by the ACA), the Americans with Disabilities Act (ADA) and the Genetic Information Nondiscrimination Act (GINA). It also includes a chart that compares key wellness plan requirements under these three laws.
This Compliance Overview explores some of the pitfalls related to providing COBRA coverage and gives practical information for compliance with COBRA's complex rules. It includes tips on determining whether your plan must comply with COBRA, when COBRA coverage must be offered and how much a plan can charge for coverage.
COBRA imposes a variety of notice and disclosure requirements on employers, plan administrators and qualified beneficiaries. This Compliance Overview explains COBRA's notice and disclosure rules. It also includes a chart that summarizes these rules.
Employers should be aware of the different federal employment laws that may apply to their company, such as the FMLA, the Equal Pay Act and COBRA. This Compliance Overview provides a high-level overview of key federal employment laws and explains which employers they apply to.
Beginning in 2020, employers of all sizes may implement a new HRA design – an individual coverage HRA (ICHRA) – to reimburse their eligible employees for insurance policies purchased in the individual market or Medicare premiums. Final rules permit employers to offer an ICHRA as an alternative to traditional group health plan coverage, subject to certain conditions. This Compliance Overview summarizes the requirements for ICHRAs.
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