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What Employers Need to Know about ACA Reporting
ACA reporting can be complex, with different forms required depending on your organization’s size and type of health coverage. In this post, we break down the essentials of Forms 1094-C, 1095-C, 1094-B, and 1095-B, highlight common mistakes, and explain penalties for non-compliance.
New HIPAA Rules Strengthen Reproductive Health Privacy
On April 26, 2024, HHS updated HIPAA rules to strengthen reproductive health privacy. Covered entities must secure attestations before sharing PHI in specific cases. Compliance deadlines are nearing.
DOL Confirms Cybersecurity Guidance Applies to All Employee Benefit Plans
In light of increasing cyber threats, the U.S. Department of Labor’s Employee Benefits Security Administration (“EBSA”) has expanded its cybersecurity guidance to include all ERISA-covered health and welfare plans. Initially released in April 2021, this guidance addresses the critical need for plan fiduciaries and service providers to implement robust cybersecurity measures to safeguard sensitive participant information.
2026 Out-of-Pocket Maximums Announced
The Department of Health and Human Services has released the 2026 payment parameters, including new out-of-pocket maximums for employer-sponsored health plans. Find out what these changes mean for your company’s health benefits and how to prepare for compliance in the upcoming plan year.
2025 Limits for Health Savings Accounts
Health Savings Accounts (“HSAs”) offer a flexible and tax-efficient way to save for healthcare costs, both now and in the future. With the ability to roll over funds year to year, grow your savings tax-free, and make tax-free withdrawals for qualified medical expenses, HSAs are a valuable tool for those enrolled in high-deductible health plans. Learn about how HSAs work, the key benefits they provide, and the 2025 contribution limits to make the most of your healthcare savings.
Understanding Health Reimbursement Arrangements
Health Reimbursement Arrangements (HRAs) offer tax-free reimbursements for medical expenses. Discover the key benefits of HRAs, 2025 limits, and how they can help reduce healthcare costs.