by Todd | May 13, 2015
The IRS recently released the final forms and instructions for Section 6055 and 6056 reporting. Additionally, the IRS released Publication 5196, Understanding Employer Reporting Requirements of the Health Care Law, in order to help employers prepare for reporting in...
by Todd | May 13, 2015
In late February, the Internal Revenue Service (IRS) released Notice 2015-17, which offers guidance on the prohibition of employer payment plans. These plans are arrangements that pay for or reimburse premiums for individual health plans. The notice reiterates that...
by Todd | Jun 2, 2014
On April 23, the Internal Revenue Service announced new 2015 limits for health savings accounts (HSAs). For 2015, the annual HSA contribution limit for an individual with self-only coverage under a high deductible health plan (HDHP) will be $3,350, while contribution...
by Todd | Apr 11, 2014
White House Extends Transition Policy for Canceled Health Plans Millions of Americans received notices in late 2013 informing them that their health insurance plans were being canceled because they did not comply with the ACA’s reforms. President Obama was criticized...
by Todd | Apr 4, 2014
Here is a video I made that explains how Self Funded Medical Plans work. I’ve used the diagram you’ll see in this video countless times to help people understand the parts of a self-funded program and how the protections help make the plan budget-able and...
