On January 22, 2018, President Trump signed the Continuing Resolution (CR) short-term spending bill into law, which provides a six-year extension of the Children’s Health Insurance Program (CHIP), and delays the Cadillac Tax, Medical Device Tax, and the Health Insurance Industry Fee. The Joint Committee on Taxation found the suspension of these ACA fees would

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On January 5, 2018, the Department of Labor (DOL) stated effective April 1, 2018, employee benefit plans must comply with new requirements for disability benefit claims. The DOL’s final rule strengthened the claims and appeals requirements for plans that provide disability benefits and are subject to the Employee Retirement Income Security Act (ERISA). The Final

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On December 28, 2015, the IRS announced that deadlines for 2015 Section 6055 and 6056 reporting have been delayed. These deadlines have been extended to give employers and other providers more time to analyze and report coverage information. March 31, 2016: is the new deadline for furnishing Forms 1095-B and 1095-C to employees (previous due

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In December 2015, the Department of Health and Human Services (HHS) proposed out-of-pocket maximums (OOPM) for 2017 non-grandfathered health plans. The proposed OOPMs are as follows: Self-only coverage: $7,150 in 2017 (up from $6,850 in 2016) Family coverage: $14,300 in 2017 (up from $13,700 in 2016) The OOP maximum includes an individual’s yearly deductible and

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