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Compliance ✔- COVID-19 Vaccine Coverage Required

Compliance ✔- COVID-19 Vaccine Coverage Required

Nov 18, 2020 | Compliance Check, Employee Benefits

The Coronavirus Aid, Relief and Economic Security (CARES) Act requires non-grandfathered group health plans to cover qualifying COVID-19 preventive services, including COVID-19 immunizations, without cost sharing. A final rule was issued to implement this requirement...
Compliance ✔- COVID-19 Vaccine Coverage Required

Compliance ✔- 2021 Health FSA Limits and More

Oct 30, 2020 | Compliance Check, Employee Benefits

The IRS kept the Health FSA limit at $2,750 for 2021. For cafeteria plans that allow participants to carryover unused amounts, the maximum carryover is $550. If an employer’s existing cafeteria plan document permits employees to elect up to $2,750, no plan...
Cyber Risks and Liability for Cybersecurity Month 2020

Cyber Risks and Liability for Cybersecurity Month 2020

Oct 26, 2020 | Business Insurance, Cyber

To wrap up this year’s cybersecurity month, we are reviewing some common phishing mistakes to help you steer clear and keep your business secure. We also provide some details on what is covered by cyber liability insurance and the top reasons to get it.   ...
Compliance ✔- COVID-19 Vaccine Coverage Required

Compliance ✔- 2020 Forms 1094/1095 and Instructions

Oct 23, 2020 | Compliance Check, Employee Benefits

The IRS released the final version of Forms 1094-C, 1095-C, 1094-B, 1095-B and Instructions (for C Forms and B Forms). These forms are used by employers and other reporting entities who are subject to the Affordable Care Act’s health coverage reporting...
Compliance ✔- COVID-19 Vaccine Coverage Required

Compliance ✔- Deadline Extended for 2020 Form 1095’s to Individuals

Oct 5, 2020 | Compliance Check, Employee Benefits

The IRS extended a 2021 deadline for Affordable Care Act 2020 reporting required under Sections 6055 and 6056. The reporting requirements apply to employers with 50+ employees, i.e., Applicable Large Employers, and employers who provide self-insured health coverage....
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