Skip to main content
 

Category: Compliance Updates

Stay up to date with benefits regulations and other related regulatory updates.

Compliance Roundup: Recent ACA Decisions and COVID-19 Updates

Explore our latest compliance roundup, including recent ACA decisions and COVID-19 updates.

IRS Announces 2021 HSA Limits, HDHP Guidelines

The IRS announced the new contribution limits for Health Savings Accounts, and guidelines for HSA-Qualified High Deductible Health Plans for 2021.

IRS Okays Mid-Year Changes to Health, FSA and Dependent Care Elections

To assist with the nation’s response to COVID-19, the IRS announced increased flexibility during calendar year 2020 for mid-year election changes.

Highlights of Recent Regulatory Changes

The federal government released several rounds of new guidance relevant to employers’ efforts to maintain compliance with leave laws.

Summary of the Coronavirus Aid, Relief, and Economic Security Act

The CARES act is designed to help stabilize fragile industries and to provide tax credits and loans to businesses to help them retain their workforce.

Over-the-Counter Items & Menstrual Products Now Eligible for Reimbursement

The CARES Act allows over-the-counter drugs and medicines to be reimbursed by FSAs, HRAs, and HSAs without a prescription, as well menstrual products.

COVID-19 Paid Leave: What Employers Need to Know

The Department of Labor has released initial guidance for employers covered by the Families First Coronavirus Response Act.

Congress Expands Paid Leave in Response to COVID-19

President Trump signed the Families First Coronavirus Response Act, expanding paid leave and unemployment benefits to Americans impacted.

Supreme Court Agrees to Hear ACA Challenge; IRS Says No Statute of Limitations for ACA Penalties

The Supreme Court announced it will hear a challenge to the validity of the ACA during the session that begins in October of 2020.

Understanding the ACA Affordability Calculation

Learn more about how the law classifies the term "affordability".

Final Rule Allows Employees to Purchase Individual Health Coverage Using HRAs; Expands Types of HRAs

Employers will now have additional flexibility to use reimbursement arrangements to help employees pay for health care costs.

HHS Issues Final Rules for 2020 Plans

Employers should be aware of three elements of recently-released final regulations from the HHS*.

American Fidelity Assurance Company
americanfidelity.com

https://americanfidelity.com/blog/compliance/