April Lifestyle & Wellness Newsletter

 WN APR 2015 pg1hWN APR 2015 pg2

March Wellness Newsletter printable version!

Compliance Corner 3/26/15 Edition

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In this Issue:

CMS Clarifies Interaction of Cost-sharing Limits and HDHPs

Final Regulations Outline Details for Limited Wraparound Coverage

DOL Publishes Final Rules on Defined Contribution Plan Annual Disclosure Requirements

DOL Staff Members Provide Informal Views on Retirement-related Issues

DOL Provides Informal Views on Certain Health and Welfare Plan Issues

IRS Issues Publication 969 Addressing HSAs, HRAs and Health FSAs


Industry Update Premera Blue Cross Data Breach






Please be aware that there was a data breach at Premera Blue Cross.  This incident may have also affected members of other Blue Cross Blue Shield plans, specifically those who sought treatment in Washington or Alaska.


Premera won't email you or make unsolicited phone calls to you regarding this incident. Please be on the alert if you are contacted and asked to provide personal information.

We want you to have as much information as is available at this time. We do not have any information beyond what is currently being provided by Premera.

Please follow this link for the current update on Premera.

Individuals who believe they are affected by this incident but who have not received a letter by April 20, 2015, are encouraged to call 1-800-768-5817, Monday through Friday, between 5:00 a.m. and 8:00 p.m. Pacific Time (closed on U.S. observed holidays).

Compliance Alert 3/16/15




HHS Explains Application of Annual Cost-Sharing Limit to Family HDHP Coverage

HHS posted FAQ about the annual cost-sharing limit under health care reform and how it affects high-deductible health plan (HDHP) coverage. 


In the regulations issued last month, HHS established that the cost-sharing limit for self-only coverage should apply to all covered individuals, whether or not they are covered by a self-only plan. The new FAQ explains the agency's position by applying it to a hypothetical HDHP with a $10,000 family deductible.


Compliance Corner 3/12/15 Edition

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In this Issue:

IRS Requests Comments on Cadillac Tax in IRS Notice 2015-16

Emergency Services Volunteers are Not Employees for Purposes of the Employer Mandate

IRS Issues IRS Publication 974 Related to Premium Tax Credits

OPM Finalizes Changes to Multi-state Plan Program

DOL Publishes Final Rules Regarding Same-sex Spouses and FMLA

DOL Extends Expiration Date on FMLA Forms

IRS Releases Three Publications for Small Business Retirement Options

IRS Employee Plans News 2015-2


Compliance Alert 3/2/15




IRS Issues Guidance on Cadillac Tax


The IRS issued Notice 2015-16; which is intended to initiate and inform the process of developing regulatory guidance regarding the excise tax on high cost employer-sponsored health coverage under § 4980I of the Internal Revenue Code (Code). Section 4980I, which was added to the Code by the Affordable Care Act, applies to taxable years beginning after December 31, 2017. Under this provision, if the aggregate cost of "applicable employer-sponsored coverage" (referred to in this notice as applicable coverage) provided to an employee exceeds a statutory dollar limit, which is revised annually, the excess is subject to a 40% excise tax.

Compliance Corner 2/25/15 Edition

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In this Issue:

CMS Issues Final Notice of 2016 Benefit and Payment Parameters, Including 2016 Reinsurance Contribution Amount and Out-of-Pocket Maximums

IRS Issues Temporary Relief Related to Employer Payment Plans

DOL Releases Guidance on Excepted Benefits

Third Circuit Reverses Injunctions Barring Application of HHS Contraceptive Accommodation

IRS Releases Publication 5196: Getting Ready for Monthly Tracking

IRS ACA Information Page: Types of Employer Payments and How They Are Calculated

CMS Announces New Special Enrollment Period and a Limited Enrollment Extension

Forest Financial Group is Hiring!

Forest Financial Group is excited to announce that we are currently hiring for two postions, a Client Manager and a Benefits/Financial Analyst. If you or someone you know is interested in applying for one of these posistions, please go to our Career Opportunities page or click here for more information.

March Lifestyle & Wellness Newsletter

MAR 2015 WN PG 1MAR 2015 WN PG 2

March Wellness Newsletter printable version!

Compliance Corner 2/10/15 Edition

Capital Building  compliance corner

In this Issue:

IRS Finalizes Health Coverage Information Reporting Forms for Sections 6055 and 6056 Reporting

IRS Provides Penalty Relief Relating to 2014 Advance Payments of the Premium Tax Credit

IRS Publishes Small Business Health Care Tax Credit Fact Sheet

IRS Publishes Instructions for Form Insurers Use to Pay Health Providers Fee

New Federal Poverty Level Figures Published

IRS Releases Two Information Letters Reinforcing Inability of Employers to Reimburse Individual Policy Premiums

U.S. Supreme Court Rejects Presumptions Favoring Vested Retiree Health Benefits