Common Compliance Questions: -Reimbursement of Tax Free Medical Expenses under HSAs December 1, 2020 Question: Which person’s medical expenses can be reimbursed tax free under an [...]
IRS Releases New Proposed Regulations for Individual Coverage HRAs Introduction On September 26,2019, IRS released proposed regulations to clarify the application of the employer shared [...]
The Internal Revenue Service (IRS) has tried to give insurers and plans a little temporary help in paying the new Patient-Centered Outcomes Research Institute (PCORI) tax. Drafters of the Patient [...]
On December 31, 2016, the first increases of New York’s incremental move towards a $15 minimum wage will take effect. The minimum wage will increase at different rates depending on an employer’s [...]
On Monday, Governor Cuomo signed the New York State budget, which includes an incremental increase of the statewide minimum wage to $15 per hour and 12-weeks of protected paid family leave for [...]
The new I-9 form was released yesterday, November 14. It may now be used, although the old form will remain valid through January 21, 2017. After that date, you must use the new form. We [...]
WEX Health spearheaded the Small Business Healthcare Relief Act that enables businesses to help employees purchase health insurance Bill Enables Small Employers to Help Employees Pay for [...]
Maximum contributions to health savings accounts will jump slightly next year, the Internal Revenue Service announced. It will increase $50 for individuals and $100 for families. The agency said [...]
Health Care Reform Fees – Special Rules for HRAs The Affordable Care Act (ACA) made a variety of changes affecting health reimbursement arrangements (HRAs). To cover the cost of some of these [...]
Notice 2014-55 PURPOSE This notice expands the application of the permitted change rules for health coverage under a § 125 cafeteria plan (cafeteria plan). In particular, this notice addresses [...]