DOL Adopts New Unpaid Intern Test

Andy LiguoriBlog, Compliance / Regulations0 Comments

Last Friday the Department of Labor (DOL) adopted a new test for unpaid interns. Employers should use this test—called the primary beneficiary test—when determining if a worker can be properly classified as an unpaid intern or if they need to be classified as an employee and paid minimum wage and overtime. The test adopted by the DOL has already been in … Read More

Department of Labor clarifies Marketplace / COBRA eligibility

Robbie MossBenefits Administration, Blog, Compliance / Regulations

In a release from the Obama administration, announces were made to assist in the interpretation of worker eligibility for COBRA if they are participating in the Health Insurance Marketplace.  Below is a copy of that release. The Obama administration today announced updates to model notices informing workers of their eligibility to continue health-care coverage through the Consolidated Omnibus Budget Reconciliation … Read More

IRS posts HSA limits for 2015

Robbie MossBlog, Compliance / Regulations, Health Care

On April 23, 2014, the IRS announced the inflation-adjusted increases applicable to Health Savings Accounts (HSAs) and high-deductible health plans (HDHPs) for 2015 in Revenue Procedure 2014-30. The limits effective for the calendar year 2015 are: The maximum annual HSA contribution for self-only HDHP coverage will increase from $3,300 to $3,350. The maximum annual HSA contribution for family HDHP coverage … Read More

Dates to remember for HSA, FSA, and ACA

Robbie MossBlog, Compliance / Regulations

Our partners over at Infinisource put together an awesome checklist that provides insurance agents/brokers, employers and benefits and payroll professionals key upcoming dates and deadlines related to health benefits. This reminder list does not constitute all of the deadlines applicable to employers and some deadlines may be different based on variations in plan year or plan design.  See below: Cafeteria … Read More

DOL, HHS, and Treasury issue regulations on Waiting Periods

Robbie MossBlog, Compliance / Regulations

On February 20, 2014, the DOL, HHS and Treasury issued Final Regulations on the 90-day waiting period requirement in the Affordable Care Act (ACA). A few changes will be welcome news to employers. For the most part, these regulations adopt the rules in the Proposed Regulations, issued on March 21, 2013. The Proposed Regulations remain in effect for plan years … Read More