IRS Adjusts ACA Affordability Percentage for 2024
Just weeks ago, the IRS released Rev. Proc. 2023-29, which announced the 2024 indexing adjustments for two important percentages under the Affordable Care Act (ACA).
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2024 HSA and HDHP Limits
The IRS recently released Revenue Procedure 2023-23, announcing the new inflation-adjusted limits for health savings accounts (HSAs) and qualified high deductible health plans (HDHPs) for 2024.
HR Newsletter: 5/31/23
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week’s edition.
Benefits Newsletter: 5/24/23
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week’s edition.
HR Newsletter: 5/18/23
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week’s edition.
COVID-19 Emergency Declarations Come to an End
The end of both declared Emergencies affects certain temporary COVID relief measures and coverage mandates that were put in place during the COVID-19 pandemic for employee benefit plans. Some coverage mandates were tied to the duration of the Public Health Emergency (PHE), while other forms of deadline relief were related to the National Emergency (NE). With the end of the Emergencies, employers will want to take the appropriate steps to ensure they are prepared for the expiration of any relief measures, mandates or tolled deadlines implemented during the PHE and NE.
PCORI Fee Deadline Just Around the Corne
The Affordable Care Act (ACA) requires health insurers and sponsors of self-funded group health plans (including health reimbursement arrangements, or HRAs) to pay a Patient-Centered Outcomes Research Institute (PCORI) fee. Originally, the law provided that the PCORI fee would not be assessed for plan years ending after September 30, 2019. However, legislation passed in December 2019 extended the PCORI fee for an additional 10 years, until 2029.
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3350 Riverwood Parkway
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Atlanta, GA 30339
Phone: 770.863.3600
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