The Compliance Team has updated several Advisors, which are available for download from AdEase.
On February 7, 2020, the Centers for Medicare & Medicaid Services published a bulletin that instructs states on submitting a written recommendation to restrict excepted benefit HRAs from reimbursing short-term limited duration insurance premiums. Our Advisor Update on Tri-Agency Final Rules on HRAs has been updated to include that information.
Nondiscrimination Rules for Cafeteria Plans has been updated to add the 2020 annual compensation amounts in the definition of key employees.
The Sample Open Enrollment Notices Packet has been updated to include the new model CHIP notice, recently released by the U.S. Department of Labor.
The guide Play or Pay Penalty and Counting Employees under the ACAs was updated to add a new Question 123 addressing the statute of limitations on the IRS' ability to collect the play or pay penalty.
Log in to AdEase from the Wisdom Network to download the updated Advisors.
Questions? Contact Matt Meidell at mmeidell@ubabenefits.com with compliance questions.
If you need help with AdEase, contact Meg Cipar at support@ubabenefits.com
