CIAB: ‘We feel vulnerable’ on tax-favored status of employee benefits
Industry trade group's SVP Joel Wood discusses what might happen on Capitol Hill and why advisers need to get their clients involved.
Law and regulation
House may be forced to vote again on GOP’s ACA repeal bill
House Speaker Paul Ryan hasn’t yet sent the bill to the Senate because there’s a chance that parts of it may need to be redone, depending on how the Congressional Budget Office estimates its effects.
Benefits Think Employers must disclose group life conversion
Attorneys Dan Clark and Elizabeth Howard explain how a health system recently was ordered to pay $750,000 to a widow because the provider ignored its insurance procedures.
Daniel J. Clark
Vorys, Sater, Seymour and Pease LLP
Benefits Think Assessing employer shared responsibility penalties
The IRS was unprepared for the 104 million Form 1095-Cs and demands to clarify taxpayer ID matching programs are growing.
Kurt Linsenmayer
Perkins Coie
5 major changes coming to Form 5500s
The ‘game changer’ by the Department of Labor will modernize financial reporting and provide greater information regarding group health plans, among other changes.
Benefits Think Assessing employer shared responsibility penalties
The IRS was unprepared for the 104 million Form 1095-Cs and demands to clarify taxpayer ID matching programs are growing.
Kurt Linsenmayer
Perkins Coie
GOP sets health bill vote Thursday amid doubts about count
The decision comes after several weeks of agonizing over how Republicans would deliver on seven years of promises to repeal the ACA, as well as intense pressure from the White House to hold the vote.
Bill headed for Senate would provide ‘safety blanket’ for benefit plans
The Self-Insurance Protection Act, already passed by the House, aims to assure stop-loss insurance will continue to be available to self-funded employers.
Rep. Kennedy to advisers: Make your voices heard
Speaking at The Big ‘I’ legislative conference in Washington, congressman encourages brokers to stay involved in politics.
GOP tries again to let bosses offer comp for overtime
House Republicans took up Tuesday a bill to allow companies to offer employees compensatory time rather than time-and-a-half pay, an overhaul of New Deal-era employment law
Benefits Think Are incentive programs subject to ERISA?
Some bonus plans provide for accumulations, multi-year periods and mandatory referral, which could raise a red flag for regulators, says attorney Michael Melbinger.
Michael Melbinger
Winston & Strawn, LLP
Bill headed to Senate would provide ‘safety blanket’ for benefit plans
The Self-Insurance Protection Act, already passed by the House, aims to assure stop-loss insurance will continue to be available to self-funded employers.
Anthem loses appeal to overturn U.S. block of Cigna takeover
The decision is a likely final blow to complete the $48 billion merger, which a lower-court judge had said should be stopped because it risked undermining competition in health insurance markets.
Benefits Think Could incentive programs be subject to ERISA?
Some bonus plans provide for accumulations, multi-year periods and mandatory referral, which could raise a red flag for regulators, says attorney Michael Melbinger.
Michael Melbinger
Winston & Strawn, LLP
16 areas where employers want help from their broker
At least 81% of employers say an adviser plays a crucial role when developing their benefit plans, health reform compliance and more, according to MetLife.
10 key 5500 facts benefit pros need to know
Industry leaders share more on these important documents required by the federal government for most employee benefit plans with more than 100 participants.
Benefits Think NYC salary bill touted as a step toward gender pay equality
Supporters of the move by the New York City Council believe it will stop perpetuating discriminatory salary gap for similarly-situated job applicants.
Marc Zimmerman
Phillip Nizer LLP
How 7 NAHU delegations lobbied Congress to preserve employer-sponsored benefits
Delaware, Ohio, Texas and other state associations took to Capitol Hill to emphasize the value of tax-favored status for workplace health insurance.
16 areas where employers most want help from their broker
At least 81% of employers say an adviser plays a crucial role when developing their benefit plans, health reform compliance and more, according to MetLife.
Benefits Think Fiduciary rule delay gives plan sponsors more time to ask crucial questions
Employers should be preparing to conduct more due diligence on those advising their plans, says financial adviser John Ludwig.
John Ludwig
LHD Retirement