Live Well, Work Well – December 2019

Topics Include:
• Tips for Sticking to Your Diet During the Holidays
• Stay Safe While Decking the Halls
• Daily Use of This Supplement May Help Lower Heart Disease Risk
• Recipe: Curried Squash Stew

Benefits Buzz – December 2019

Topics Include:
• FSA Contribution and Other Benefits Limits Rise for 2020
• DOL Proposes New Method for Electronic Delivery of Retirement Plan Disclosures

HR Brief – December 2019

Topics Include:
• SCOTUS to Consider Whether Civil Rights Act Protects LGBTQ Workers
• 6 Steps for a Sublime Seasonal Shindig

ACA Compliance Bulletin: ACA Health Insurance Providers Fee Will Increase in 2020

The Affordable Care Act (ACA) imposes an annual, non- deductible fee on the health insurance sector, allocated across the industry according to market share. On Sept. 4, 2019, the Internal Revenue Service (IRS) issued Notice 2019-50 to index the applicable fee amount for 2020. 

Compliance Bulletin: HHS Rescinds Health Plan Identifier (HPID) Under HIPAA

On Oct. 25, 2019, the Department of Health and Human Services (HHS) released a final rule to rescind the HPID and requirements for its use. Under HIPAA, HHS is required to adopt standards for certain electronic transactions. One of the standards is a unique identifier for health plans—the HPID. 

Compliance Bulletin: DOL Proposes New Method for Electronic Delivery of Retirement Plan Disclosures

On Oct. 23, 2019, the U.S. Department of Labor (DOL) published a proposed rule that would allow plan administrators to make retirement plan disclosures available on a website. 

ACA Compliance Bulletin: New SBC Template will be Required for 2021

On Nov. 8, 2019, the Departments of Labor (DOL) and Health and Human Services (HHS) issued an updated template and related materials for the summary of benefits and coverage (SBC). These materials are required to be used for plan years beginning on or after Jan. 1, 2021. This means that the updated template must be used for the 2021 plan year’s open enrollment period.

ACA Compliance Bulletin: Health FSA Limit Will Increase for 2020

The Affordable Care Act (ACA) imposes a dollar limit on employees’ salary reduction contributions to health flexible spending accounts (FSAs) offered under cafeteria plans. This dollar limit is indexed for cost-of-living adjustments and may be increased each year. The health FSA dollar limit on employee salary reduction contributions is $2,750 for taxable years beginning in 2020.