Employer Compliance News

  • Understanding the Affordable Care Act Tax on High Cost Health Coverage (“the Cadillac Tax”)

    The Affordable Care Act (ACA) imposes a penalty on certain high cost employer-sponsored health coverage. Generally, a 40 percent excise tax (commonly referred to as the “Cadillac Tax”) will be assessed on the monthly cost of employer sponsored health coverage that exceeds threshold amounts defined under the ACA.  As the employer, you will want to review your benefits in the context of this tax to determine what changes might be needed.

  • Final Wellness Rules Under the HIPAA and ACA (Affordable Care Act)

    There are many rules employers must consider when implementing an employee wellness program, including the Health Insurance Portability and Accountability Act (HIPAA) and the Affordable Care Act (ACA).  Here are the final regulations as issued by the departments of Treasury, Labor, Health and Human Services.  

  • Updated IRS Reporting Requirements for Affordable Care Act (ACA)

    In March 2014, the Internal Revenue Service (IRS) released final regulations on the reporting requirements under the Affordable Care Act (ACA), which are designed to enforce the individual and employer mandates. The regulations provide guidance on the data elements, the process of reporting to the IRS, and the furnishing of statements to individuals.

  • Updated Employer Mandate Provision

    For an updated summary of the required provisions for The Patient Protection and Affordable Care Act (ACA), review the following details for both large and small employers. 

  • FLSA (Fair Labor Standards Act) White Collar Exemption Rule: Additional Details

    The United States Department of Labor (DOL) had published its final rule for the Fair Labor Standards Act (FLSA) on May 18, 2016 which will take effect December 1, 2016.  Here are some additional changes to the final rule and the effect it will have on employers.