Monthly Archives: June 2013

Looking Ahead: The “Cadillac Tax” in 2018

As employers are currently preparing for the changes to the health insurance system that will take place in 2014, the additional changes occurring in 2018 may seem like an afterthought.  Employers, however, should begin planning for the effects of an … Continue reading

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Determining Who is a Full-Time Employee Under the PPACA: Employees Paid on a Commission Basis, Adjunct Faculty, Transportation Employees and Other Similar Positions

Employers should be starting to become fairly well acquainted with the various provisions of the PPACA. Two of the PPACA’s provisions impose penalties on applicable large employers. First, large employers can be penalized if they fail to provide enough full-time … Continue reading

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Weighing the Risks: Why Your Employees Will Enforce the PPACA

Employers that have not yet fully considered the implications of the PPACA should do so as soon as possible. Although the agencies responsible for enforcement of the PPACA may not have the resources to ensure that every employer in the … Continue reading

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PCORI Fee Update: PCORI Fees May Be Tax Deductible as a Business Expense

On May 31, 2013, the IRS’s Office of Chief Counsel released a memorandum explaining the office’s opinion that PCORI fees are a deductible business expense. The memo explains that Section 162(a) permits a deduction for “all ordinary and necessary business … Continue reading

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Final Wellness Program Rules: Health-Contingent Programs

The new final wellness program rules were released on June 3, 2013 and apply to wellness programs with plan years that begin on or after January 1, 2014.  Under the final rules, wellness programs are divided into participatory programs and … Continue reading

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Compliance Alert: New Wellness Program Regulations Released

On June 3, 2013, the U.S. Departments of Treasury, Labor, and Health and Human Services released new regulations applicable to wellness programs. The new regulations clarify how the PPACA’s wellness rules interact with pre-existing rules established by the Health Insurance … Continue reading

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Compliance Alert: IRS Releases New Form 720

                The IRS has released a new Form 720, Quarterly Federal Excise Tax Return. Employers that sponsor self-funded health plans are required to file this Form 720 on or before July 31, 2013 (with respect to plan years that end … Continue reading

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Community Rating: Is It Time for Small Businesses to Self-Insure?

The PPACA has already changed the health insurance landscape in the United States. In 2014, the health insurance landscape will continue to shift when several of the PPACA’s provisions are implemented. The PPACA’s community rating rules are one of the … Continue reading

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