HHS Announces Proposed Rule for Uniform Benefit Summaries

On August 17, the Department of Health and Human Services (HHS) released a Notice of Proposed Rulemaking for Uniform Benefit Summaries under the Patient Protection and Affordable Care Act (PPACA). The intent of Uniform Benefit Summaries is to provide individuals with...

Senators Introduce FSA Improvement Act

Is it the end of “use it or lose it” for Flex Spending Accounts? Employee Benefit Advisor reports there is a bill being presented that would allow employees to keep unused Flexible Spending Account funds. Here’s the link to the article:   EBA –...

New Reporting Obligation Requires Cost of Coverage on W-2s

Employers will be responsible for reporting to employees the total cost of their group health benefit plan coverage on their W-2 forms under the Patient Protection and Affordable Care Act. The reporting requirements are expected to apply to the 2012 W-2 forms, which...