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Published on July 13, 2016.
On July 8, 2016, the Internal Revenue Service (IRS) released proposed regulations implementing cash-in-lieu rules previously announced in IRS Notice 2015-87. In the proposed regulations IRS confirms that where an employer offers an employee cash-in-lieu of enrolling in the employer’s medical plan, that cash amount must be added to the lowest cost employee-only premium for which the employee is eligible in determining the affordability of the plan. This is the case unless the employer requires proof of other coverage that is not individual market coverage (Exchange or other).View PDF
Published on June 23, 2016.
View our latest webinar, "How to Prepare For Increased Audit Activity: ACA, DOL, and HIPAA." Please click 'Register' to view the recorded version of the event.
Published on June 06, 2016.
With the increasing benefit cost-shift to employees, and employee retention and talent acquisition critical in today’s competitive recruiting environment, employees expect benefits outside of traditional insurance programs. Modern benefits packages now take into account employee financial wellness, as well as meet the different generational expectations of your workforce.