Blog categorized as HR News

March 2021: Stay Informed of the Latest HR News
CDC Provides Guidance on Elements and Disclosures for Workplace COVID-19 Testing
The Centers for Disease Control and Prevention (CDC) has issued guidance on the elements of consent ...


DOL Increases Civil Penalty Amounts for 2021

The Department of Labor (DOL) has released its 2021 inflation-adjusted civil monetary penalties that may be assessed on employers for violations of a wide range of federal laws, including:


  • The Fair Labor Standards Act (FLSA);
  • The Employee Retirement income S...



Supporting Employee Financial Well-being in the New Year.

2020 has not only effected the way Americans live on a daily basis, but has also posed significant economic threats that could have a lasting effect on their financial well-being. For purposes of this article, financial well-being refers to th...


Employee Benefits Plan Limits for 2021

Many employee benefits are subject to annual dollar limits that are periodically updated for inflation by the IRS.


The IRS typically announces the dollar limits that will apply for the next calendar year well in advance of t...



Final Forms and Instructions for 2020 ACA Reporting Released

 

The Internal Revenue Service (IRS) released final 2020 forms and instructions for reporting under Internal Revenue Code (Code) Sections 6055 and 6056.

 



Supreme Court Vacancy May Affect ACA Litigation


Since 2017, the Affordable Care Act (ACA), has been the subject of numerous legal challenges. Several bills were introduced to repeal the law, although those efforts failed. The ACA has also been challenged in federal court. A lawsuit seeking to invalid...



Medicare Part D Notices Are Due Before Oct. 15, 2020

Each year, Medicare Part D requires group health plan sponsors to disclose to individuals who are eligible for Medicare Part D and to the Centers for Medicare and Medicaid Services (CMS) whether the health plan's prescription drug coverage is credi...



Affordability Percentages Will Increase For 2021

The IRS recently issued Revenue Procedure 2020-36 to index the contribution percentages in 2021 for determining affordability of an employer's plan under the Affordable Care Act (ACA).

 

For plan years beginning in 2021, employer-spon...



Federal Judge Upholds Hospital Transparency Rule
On Thursday, June 23, 2020, District Judge Carl Nichols ruled in favor of the Trump administration's final rule requiring hospitals to disclose their negotiated prices. The rule was released on Nov. 15, 2019, and set to take effect Jan. 1, 2021.

Ho...



The IRS recently released Revenue Procedure 2020-32 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2021. The IRS is required to publish these limits by June 1 of each year.

 

These limits include:

• ...