401(K) CURRENT EVENTS: IRS EXTENDS DEADLINE FOR AMENDING PLANS TO COMPLY WITH SECURE & CARE ACTS
On August 3, 2022, the IRS issued Notice 2022-33 extending the deadline for amending retirement plans, including 401(k) plans, to comply with the applicable provisions […]
Round 2: Biden to HHS: Protect Reproductive Healthcare Services
In a second Executive Order issued August 3rd, 2022, President Biden requests the Secretary of Health and Human Services (HHS) to find solutions to ease […]
IRS Lowers Affordability Threshold to 9.12%
The Internal Revenue Service (IRS) lowered the affordability threshold this week, as outlined in Revenue Procedure 2022-34. This limit is used to determine whether an […]
Departments to Plans: Contraceptive Care Coverage Under the ACA is Required
On July 28, 2022, the U.S. Dept. of Health and Human Servies, the Dept. of Labor (DOL), and the Dept. of Labor and Treasury, collectively, […]
CMS Issues Civil Penalties to GA Hospitals under the TiC
The Transparency in Coverage Rule (TiC) of 2020 requires health insurance issuers and health plans to publicly disclose certain items, including in-network negotiated rates and […]
Biden to Agencies: Enhance Protection of Sensitive Health Data
In the wake of the Supreme Court’s decision in Dobbs to return to the States the right to regulate abortion services, and hearing the distant […]
An $875,000 HIPAA Lesson
“A stitch in time saves nine.” is a childhood phrase, reminding persons to act NOW when the issue arises; otherwise, to risk unknown FUTURE outcomes, […]
A Note from the Secretary of HHS Re: EMTALA
In continued fallout from the Dobbs decision, Xavier Becerra, the Secretary of Health and Human Services sent an e-mail to all health care providers (Providers) July […]
401(K) CURRENT EVENTS: IRS UPDATES DETERMINATION LETTER FORMS FOR MOVE TO MANDATORY ELECTRONIC FILING
As of June 2022, the IRS updated two of its forms Form 5300, “Application for Determination for Employee Benefit Plan” , Form 8717, “User Fee […]