There are countless rules and regulations governing employee benefit plans, many of which are complex. Let us be your resource by helping you keep up with confusing and rapidly changing compliance issues.
This spring, we are excited to offer this Employee Benefits Boot Camp, a 2019 State of the Union Compliance Update.
This 90-minute boot camp will help you meet your compliance obligations and keep you up-to-date on laws and regulations that affect your employee benefits program.
We are fortunate to have Bob Radecki, President of Benefit Comply, LLC, as our featured presenter. Bob has more than 30 years’ experience in the HR and employee benefits industry helping employers deal with difficult benefit and compliance matters. He has served as the principal HIPAA consultant to a number of health insurance companies and is recognized as an expert on a variety of benefit compliance issues including COBRA, FMLA and health reform. Bob has been the featured speaker at numerous industry events and conferences, and has published many articles on various compliance issues.
Outlined below are the topics we will be covering:
- Association Health Plans: The Department of Labor (DOL) has released the much-anticipated Association Health Plan (AHP) regulations. The new AHP rules are designed to make it easier for groups of small employers and individuals to participate in health plans sponsored by several different types of organizations. We will cover the AHP regulations and the changes they make to existing rules and clear up the confusion about what an AHP plan is, and just importantly what it isn’t.
- New HRA Rules: New rules have been released that will allow some employers to set up an HRA that can be used to fund employee purchases of individual health insurance policies beginning in 2020. We will discuss the rules and help sort out when this strategy may or may not make sense for employers.
- IRS Employer Mandate Penalty Collection Efforts and Revisiting the ACA Full-time Employee Rules: The IRS is sending letters to employers (Letter 226J) to begin the collection process for employers who failed to meet the §4980H requirements for benefits offered during 2015 and 2016. Many of the IRS proposed employer penalties are due to mistakes made in employer reporting, not to an actual violation of a §4980H requirement. This session will review the 4980H rules including revisiting how to define a full-time employee and employer reporting requirements. We will also explain the IRS penalty assessment collection process and help employers understand how to respond to an IRS proposed assessment.
- HIPAA Privacy and Security: The Centers for Medicare and Medicaid Services has completed its second round of HIPAA Privacy and Security audits. Even small fully insured employers, especially those who sponsor a Health FSA, have HIPAA obligations. We now have more information on what employers are doing wrong that is putting them at risk. More importantly, we will focus on strategies employers can implement to better comply with these complicated rules.
- HSA Eligibility and Medicare: Employers struggle with HSA eligibility rules for employees who become eligible for Medicare. We will explain the rules and how an employee could continue to make HSA contributions even after they are eligible for Medicare.
Call 504.619.1043 or email firstname.lastname@example.org by Monday, April 8, 2019 to register for the Benefits Boot Camp.