From the monthly archives: June 2018

DOL Finalizes Rule to Expand Association Health Plans

By On June 21, 2018

On June 19, 2018, the Department of Labor (DOL) released a final rule that gives small businesses more freedom to join together as a single group to purchase health insurance in the large group market or to self-insure. These benefit arrangements are called association health plans (AHPs).

By forming AHPs, small [...]

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IRS Issues Proposed Rule to Expand Mandatory Electronic Filing

By On June 7, 2018

The Internal Revenue Service (IRS) published a proposed rule that would affect most employers who are required to file information returns, such as Forms W-2, Forms 1095-B, Forms 1095-C, and forms in the 1099 series.

Currently, employers are not required to electronically file their returns with the IRS unless they are required to file at [...]

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ACA Affordability Percentage Announced for 2019

By On June 7, 2018

The Internal Revenue Service (IRS) issued Revenue Procedure 2018-34 to index the contribution percentages in 2019 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2019, employer-sponsored coverage will be considered affordable if the employee’s required contribution for self-only coverage does not exceed 9.86% [...]

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HSA Contribution Limits Announced for 2019

By On June 7, 2018

The Internal Revenue Service (IRS) has announced the 2019 inflation-adjusted amounts for Health Savings Accounts (HSAs) as determined under the Internal Revenue Code.

HSA Contribution (single/family) 2018: $3,450 / $6,900 2019: $3,500 / $7,000 HDHP Min Deductible (single/family) 2018: $1,350 / $2,700 2019: $1,350 / $2,700 HDHP Out-of-Pocket Max (single/family) 2018: $6,650 / $13,300 2019: $6,750 / $13,500

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