Sarah BordersSep 1, 20201 minACA Penalties Increased for 2021Recently the IRS updated its ACA webpage and FAQs reflecting the indexed changes to the 2021 ACA penalties that could apply to applicable...
Sarah BordersMay 31, 20203 minFAQs on mid-year election changesIn response to the COVID-19 pandemic, the IRS recently issued guidance relaxing election changes for health plans offered under a Section...
Sarah BordersApr 14, 20201 minImportant clarifications from the HHS, DOL on communicating health plan changes to employeesOn 4/11/20, the HHS, DOL, and Treasury provided some greatly needed clarifications on the recent laws passed by Congress related to the...
Sarah BordersApr 7, 20201 minHDHPs and COVID-19 treatments/screeningsAs a reminder, in order for an individual to establish and contribute to an HSA, they must be enrolled in a qualified HDHP and cannot...
Sarah BordersApr 7, 20201 minCOVID-19 Coverage for Self-Insured and Fully-Insured Plans in Specific StatesThe federal emergency legislation, if passed by the Senate and signed by President Trump, would require COVID-19 testing benefits to be...
Sarah BordersApr 7, 20202 minCoverage for Small-Group Health Plans for CoronavirusOn March12th, CMS released FAQs related to federal rules governing health insurance coverage for coronavirus. Diagnosis and treatments of...
Sarah BordersMar 15, 20201 minEmergency bill for Coronavirus coverage being sent to SenateYou can count on BCS to continue to provide you the latest updates so you can keep up with the fast-moving changes to employer sponsored...