Year: 2019
2020 ACA Affordability Contribution Percentage Released
Under the ACA, coverage offered to FT employees must be affordable by ACA standards or a penalty applies with respect to any employee in a public Exchange with a tax credit (the 4980H(b) penalty). The ACA permits employers to determine affordability based on certain...
MA EMAC Supplement Will End as Planned and Will Not be Renewed
The MA PFML currently dominates the compliance space for many employers, but the EMAC Supplement is still in effect for another four months. There is good news on the horizon, however. Last month the Massachusetts Legislature passed a $43.1 billion budget for the...
Will the Cadillac Tax Finally Be Repealed?
The ACA’s excise tax on high cost health pans – known as the Cadillac Plan tax – imposes a 40% surcharge on the value of health plan benefits exceeding a statutory dollar threshold (in 2010 dollars) (subject to various adjustments and indexing over time). The tax has...
IRS Expands Coverage For Preventative Care of Chronic Conditions For HSA Eligible Individuals
A high deductible health plan (HDHP) generally may not provide benefits for any year until the minimum deductible for that year is satisfied. However, the HSA law provides a safe harbor permitting an HDHP to provide preventive care benefits without a deductible. In...
MA PFML Contributions Delayed Three Months — Until October 1, 2019
With just three weeks to spare, the Massachusetts House, Senate and Baker Administration issued a joint statement late yesterday agreeing to adopt a three month delay to the start of required contributions to the MA PFML program. This is being done “to ensure...
Confirmed: Withholding Employee PFML Contributions Begins With First Paycheck in July
Wage withholding for the MA Paid Family and Medical Leave law is fast approaching — beginning July 1, 2019 to be exact. A common question from employers is whether employers should begin withholding starting with the first paycheck issued in July (which may include...
Exemption and Workforce Notification Deadlines Extended
The Department of Family and Medical Leave (DFML) is making the following changes: Exemption Deadline Extended for Quarter 1 From June 30 to September 20 The Department’s current guidance requires that exemptions for private plans must be approved in the quarter prior...
DFML Releases Workforce Notice Info
Workforce Notifications The Department of Family and Medical Leave has posted the notice required to be provided by employers and covered business entities to their current workforce of PFML benefits, contribution rates, and other provisions as outlined in M.G.L. c....