Benefits Notes |

Employee benefits are an important part of every employees' total compensation package. The continuously evolving landscape in the areas of health care reform, retirement plan design, and executive compensation makes it difficult for employee benefits professionals to keep up with relevant developments. The employee benefits attorneys at Stinson Leonard Street provide human resources professionals, plan fiduciaries, actuaries, accountants, and others in the industry with practical and cost-effective assistance as they navigate through the complex laws, regulations and guidance that govern employee benefits plans. This blog highlights key developments in the employee benefits field and items of interest to our clients. Our Bloggers →

Latest Health Care Reform Posts

Health Care Reform – What Employers Should be Thinking About Now

By Lori | December 3, 2012

Health Care Reform Beginning in 2014, the Affordable Care Act will require employers employing 50 or more full-time equivalent employees to offer full-time employees affordable, minimum essential health coverage. If such health coverage is not offered, and if at least one employee receives a premium tax credit on a state or federal...

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IRS Issues Q&As on Collection of Additional Medicare Tax in 2013

By Jeffrey Cairns | July 30, 2012

Health Care Reform, Payroll The Patient Protection and Affordable Care Act (PPACA) provided a number of new taxes to help finance the new health care law. One such tax is an additional Medicare tax on high earners that takes effect for tax years beginning after 2012. To assist taxpayers and employers in implementing the collection of the new...

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Self-Compliance Tool for HIPAA and Other Health Care Related Provisions

By Angela Bohmann | July 27, 2012

Health Care Reform, Health Plan The Department of Labor recently updated its self-compliance tool for plan sponsors and plan administrators of group health plans. The self-compliance tool contains questions relating to requirements on issues such as limitations on preexisting conditions, certificates of creditable coverage, special enrollment...

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Key Provisions of the Affordable Care Act Upheld by U.S. Supreme Court

By Jeffrey Cairns | July 2, 2012

ERISA and Other Benefits Litigation, Health Care Reform, Health Plan, Welfare Plans             Last Thursday, June 28, in a 5-4 decision, the U.S. Supreme Court found that the Patient Protection and Affordable Care Act of 2010 (the “Affordable Care Act” or “Act”) is constitutional paving the way for final implementation of its provisions....

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Health Care Reform – What if it is Struck Down?

By Jeffrey Cairns | June 12, 2012

Health Care Reform, Health Plan, Welfare Plans             There has been much discussion and blogging about different possible outcomes from the U.S. Supreme Court’s review of the Affordable Care Act (ACA). However, it is only recently that we are starting to see articles analyzing the effect that a complete repeal might have. If the Supreme Court...

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IRS Issues Guidance on $2,500 Limit on Health FSAs

By Angela Bohmann | June 4, 2012

Cafeteria Plans, Health Care Reform Under the Health Care Reform Act, health flexible spending arrangements under cafeteria plans are limited to $2,500 in salary reduction contributions beginning in 2013. Employers with plan years that were not calendar years have been wondering how the limit would be applied. The IRS has now issued guidance in the form...

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FAQs Issued on the Summary of Benefits in Coverage

By Angela Bohmann | June 1, 2012

Health Care Reform, Health Plan The Departments of Labor, Health and Human Services, and Treasury have jointly issued another set of FAQs on the Patient Protection and Affordable Care Act (PPACA), the health care reform law. These are part nine of FAQs issued on different PPACA topics. This particular set discusses the Summary of Benefits and...

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IRS Issues Guidance on W-2 Reporting of Health Care Coverage

By Angela Bohmann | May 30, 2012

Health Care Reform, Payroll The IRS issued recently FAQs relating to W-2 reporting of employer-provided health care coverage, a health care reform requirement that employers must first meet for the 2012 calendar year. We have previously discussed these requirements [Link to earlier health care reform posts]. These FAQs largely restate prior...

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How to Pay the Patient-Centered Outcomes Research Trust Fund Fee

By Angela Bohmann | April 25, 2012

Health Care Reform, Health Plan In previous blogs here, here and here, I discussed generally the recently published proposed regulations on which taxpayers may rely regarding the new fee imposed under the Patient Protection and Affordable Care Act (PPACA) to fund the Patient-Centered Outcomes Research Trust Fund. The fee is considered an excise tax...

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Counting Average Number of Participants for Patient-Centered Outcomes Research Trust Fund Fee

Health Care Reform, Health Plan As noted in my two earlier blogs here and here, the Patient Protection and Affordable Care Act (PPACA) imposes a new fee to fund a Patient-Centered Outcomes Research Institute that will research effective medical treatments. The fee is paid by insurance companies for fully insured plans and by plan sponsors for...

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