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Published on November 03, 2020.
On October 29, 2020, the Departments of Health and Human Services, Treasury, and Labor issued their final rule on transparency in health plan coverage. The rule phases in new transparency requirements for all group health plans and health insurers in the individual and group markets...Read More
Published on October 02, 2020.
On October 2, 2020, the IRS issued Notice 2020-76. This notice provides an automatic extension of the due date for furnishing 2020 Form 1095-C statements to employees by 30 days, from January 31, 2021, to March 2, 2021. Notice 2020-76 also extended the deadline for health insurance issuers and other providers of MEC to furnish 2020 Form 1095-B statements by 30 days. It also extends good-faith transition relief from reporting penalties to the 2020 information-reporting year...Read More
Published on September 14, 2020.
The FFCRA generally requires employers with fewer than 500 employees to provide paid leave beginning on April 1, 2020 and ending December 31, 2020 due to certain circumstances related to the COVID-19 crisis. On September 11, 2020, the DOL issued another temporary rule, effective immediately, to reaffirm its regulations in part, revise its regulations in part, and further explain its positions...Read More