The End of the COVID-19 National Emergency and Public Health Emergency Declarations
Impact on Employer-Sponsored Health Plan On January 30, 2023, the Biden Administration issued a policy statement indicating its intention to end the COVID-19 national emergency (“NE”) and public health emergency (“PHE”) declarations effective as of May 11, 2023. The...
DOL Announces Proposed Rules on Classifying Employees vs. Independent Contractors
This Compliance Alert has been prepared by Seth Capper of the attorneys at Maynard, Cooper and Gayle. On October 13, the DOL’s Wage and Hour Division (“WHD”) published a Notice of Proposed Rulemaking, wherein the WHD proposed new regulations for determining whether a...
DOL, HHS, and Treasury Issue Post-Dobbs Guidance on ACA’s Contraceptive Coverage Requirements
Following the United States Supreme Court’s decision in Dobbs v. Jackson Women’s Health Organization (and the overturning of Roe v. Wade), the Departments of Labor, Health and Human Services, and the Treasury (collectively, the “Departments”) issued new guidance in...
IRS Announces New Low Affordability Percentage of 9.12% for 2023
Recent IRS updates to the Affordable Care Act (ACA) affordability percentage may lead to increased costs for employers in 2023. In Rev. Proc 2022-34, the IRS announced that the ACA affordability percentage for plan years beginning in calendar year 2023 will be 9.12%....
PCORI Fee Due August 1
The Affordable Care Act (ACA) requires health insurance issuers and self-insured plan sponsors to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). The fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). The...