Month: August 2019
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Will the Cadillac Tax Finally Be Repealed?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...