In The News

  • Compliance Update | March 15, 2017 | McGohan Brabender

    Download PDF And So it Begins Repealing and replacing Obamacare is priority number one for the Trump administration. It will not be an easy or simple process but it has to start somewhere. The House Republicans have taken the first step. Health Affairs Blog: Repeal and Replace Repeal Bill’s Potential Impact Health Care Proposals Key... Read More

  • Compliance Update | February 15, 2017 | McGohan Brabender

    Download PDF   Reporting Due February 28th and March 1st We are fewer than 30 days into the Trump administration and a lot has changed, but more on that later. There is a lot of talk about repealing and replacing Obamacare, but as of today’s date the Affordable Care Act is still the law of... Read More

  • Compliance Update | January 17, 2017 | McGohan Brabender

    Download PDF The Repeal and Replace Battle Cry The Republican Party and President-Elect Trump have made it crystal clear that repealing and replacing Obamacare is Job No. 1. There have been a number of proposals and hundreds, if not thousands, of articles on how this might happen and what we may end up with. It... Read More

  • Compliance Update | December 14, 2016 | McGohan Brabender

    Download PDF Relief for Small Employers The IRS has issued several rules clearly stating employers cannot pay for individual health policies on either a pre-tax or post-tax basis. Employers that do that are subject to a $100 per day per employee penalty. Congress recently passed and President Obama has signed legislation that allows small employers... Read More

  • Flash Update | December 3, 2016 | McGohan Brabender

    1095 Deadline Extended The IRS has issued Notice 2016-70, which delays the deadline for providing a copy of the 1095 to covered individuals/full-time employees from January 31, 2017 to March 2, 2017. READ MORE

  • Compliance Update | November 15, 2016 | McGohan Brabender

    PDF Election Results and Obamacare All the political pundits and pollsters had it wrong. Donald Trump is president-elect and he has criticized Obamacare from the beginning and has promised to repeal and replace the law. However, that may be easier said than done. Here are three articles that discuss that possibility and a more likely... Read More

  • Compliance Update | October 15, 2016 | McGohan Brabender

    Transitional Reinsurance Fee Reporting Deadline Approaching Health care reform established a transitional reinsurance fee to gather money to pay carriers participating in the health care exchanges or marketplaces. The fee is designed to help compensate the carriers for the adverse risk associated with those individuals getting coverage through the health care exchanges or marketplaces. Reinsurance... Read More

  • Compliance Update | September 15, 2016 | McGohan Brabender

    MB September Compliance Update pdf  Medicare Part D Notice Requirements The Medicare Part D program is the voluntary prescription drug program under Medicare. There is an annual notice requirement associated with the program and the government has developed a template employers can use to comply. However, there is a lot of confusion regarding the timing... Read More

  • Compliance Update | August 15, 2016 | McGohan Brabender

    PDF August Compliance Update Review Your Cash-Out Plans The IRS issued proposed regulations expanding on the previous guidance governing cash-out plans. The typical cash-out plan says that if the employee is otherwise eligible for the employer’s group health plan, the employer will pay the employee additional taxable income for waiving coverage under the employer’s group... Read More

  • Compliance Update | July 15, 2016 | McGohan Brabender

    July Newsletter PDF Filing Deadlines Fast Approaching I am going to make this one of the shorter compliance updates because I want to focus on two approaching deadlines and I do not want them to get lost in a long update. Form 5500 The ERISA filing rules applicable to “welfare benefit plans” like health, dental... Read More

1 2 3 7 last

Sign Up For Our Email Newsletter