Friday, October 28, 2016
In Revenue Procedure 2016-55, released last week, the IRS set forth a variety of 2017 adjusted tax limits. Among other things, the notice addresses slightly increased limits for health flexible spending accounts (FSAs). Health Flexible Spending Account (FSA) – 2017 Annual Limitation of $2,600 Health care reform imposed a $2,500 limit on annual salary reduction […]
Wednesday, October 26, 2016
The IRS has released the 2016 final forms and instructions for the ACA employer reporting requirement. The final forms are almost identical to the draft forms released in August, with only minor clarifying language in the instructions. While final forms and instructions have been released for both the “B” and the “C” forms, this summary […]
Tuesday, October 18, 2016
In today’s market, retaining talent requires more than offering a high salary. Considering that losing a high-value employee can cost an organization more than twice the cost of the employee’s salary, companies are using creative strategies to hold onto the best and the brightest.
Friday, October 7, 2016
For the last several months, individuals responsible for healthcare compliance have been receiving information about the new rules under the ACA. At this point, most organizations should be or are on the way to modifying their practices to comply.
Tuesday, September 27, 2016
Telemedicine is a fast growing part of the healthcare industry, with services such as diagnosis, prescription refills, and physician consultations now available to patients remotely. Many Puget Sound providers are on the cutting edge of telehealth, with more following close behind.
Thursday, September 22, 2016
As you may recall, with the introduction of Medicare Part D prescription drug benefits, the Centers for Medicare and Medicaid Services (CMS) imposed certain notice requirements on employers. Employers are required to notify all Medicare beneficiaries of the “creditable” or “non creditable” coverage status of their prescription drug plan at least once every 12 months. […]
Tuesday, September 13, 2016
The drone market is forecasted to hit $4.8 billion by 2021. With so many companies and individuals employing unmanned aircraft, the need for insurance coverage will only increase.
Thursday, September 8, 2016
The IRS recently released the cost-of-living adjustments for health savings accounts (HSAs) and qualified high-deductible health plans (HDHPs) for the 2017 calendar year.
Tuesday, August 30, 2016
The IRS has released the 2016 draft forms and instructions for the ACA employer reporting requirement.
Wednesday, August 24, 2016
The Office for Civil Rights (OCR) of the Department of Health and Human Services (HHS) has begun Phase 2 of its HIPAA Audit Program.
Tuesday, August 23, 2016
Pragmatic Cybersecurity for the Interconnected Business THINK YOUR BUSINESS IS REASONABLY SAFE FROM A CYBER-ATTACK? Think again. The threat is so widespread that there is an entire black market built to arm hackers with the tools they need to breach your systems. Even worse, 50 percent of online traffic is automated. It does not sleep. It is ever-present, […]
Tuesday, August 16, 2016
Washington State’s best employers know that offering meaningful and valuable benefits is key to attracting and retaining top talent, but that is easier said than done.