Mar 23, 2011 | Uncategorized
By March 24, 2011, The Health and Human Services (HHS) agency is required to develop standards for group health plans and health issuers offering group or individual coverage by providing enrollees an accurate summary of benefits and explanation of their coverage in a...
Mar 23, 2011 | Uncategorized
The Equal Employment Opportunity Commission (EEOC) had pushed back the anticipated date from October 2010 until this March for a final rule concerning the disparate impact burden of proof under the Age Discrimination in Employment Act (ADEA). Stay tuned for more...
Mar 23, 2011 | Uncategorized
Congress had passed the Omnibus Trade Act, which provided a short term extension of the American Recovery and Reinvestment Act (ARRA) provisions until February 13, 2011. The provisions made changes to the Health Coverage Tax Credit (HCTC) that encompassed several tax...
Jan 23, 2011 | Uncategorized
Effective January 1, 2011, certain employers that establish “simple cafeteria plans” are exempt from the Code Section 125 non-discrimination requirements, as well as the non-discrimination requirements applicable to the plans offered through the cafeteria...
Jan 23, 2011 | Uncategorized
Effective December 31, 2010, the Red Flag Program Clarification Act of 2010 exempts most healthcare providers from being considered “creditors” subject to the Red Flag Rule. The Rule requires financial institutions and creditors to implement programs to identify and...
Jan 23, 2011 | Uncategorized
Effective January 1, 2011 the Social Security tax rate was reduced from 6.2% to 4.2% for working individuals. This decrease will replace the Making Work Pay Credit which offered a maximum credit of $400 on tax returns. The new tax benefit will increase an...
