Hylant
 
Employee Benefits Update: December 2018

THE ACA REMAINS IN PLACE AFTER BEING STRUCK DOWN BY FEDERAL COURT

A federal judge ruled in Texas v. United States the entire Affordable Care Act is invalid due to the elimination of the individual mandate penalty. The decision was not stayed, but the White House announced it will remain in place pending appeal.

REPUBLICANS END ATTEMPTS TO REPEAL AND REPLACE ACA

Following the midterm elections, Republicans in the U.S. Senate have indicated they will no longer attempt to repeal and replace the ACA.

IRS BEGINS PAY OR PLAY ENFORCEMENT FOR 2016

In late 2018, the Internal Revenue Service began issuing Letter 226-J to applicable large employers to propose and assess employer shared responsibility penalty liability for the 2016 calendar year.

FURNISHING DEADLINE DELAYED FOR 2018 ACA REPORTING

The IRS has issued Notice 2018-94 to extend the due date for furnishing forms from Jan. 31, 2019, to March 4, 2019.

IMPACT OF INDIVIDUAL COVERAGE HRAs ON THE ACA'S PAY OR PLAY RULES

Beginning in 2020, a proposed rule would allow health reimbursement accounts to be integrated with individual insurance coverage for purposes of compliance with the ACA.

FINAL REGULATIONS EXPAND EXEMPTIONS FROM THE CONTRACEPTIVE MANDATE

On Nov. 7, 2018, the Departments finalized regulations to expand the number of employers who are exempt from the contraceptive coverage mandate.

UPCOMING EVENTS

Interested in hearing from benefits leaders on the most relevant benefit topics? Check out upcoming Hylant events. See if there's one in your neck of the woods.

YOUR HYLANT HR NAVIGATOR PORTAL!

Hylant's HR Navigator has recently been updated to bring you another great resource: Compliance Calendar. The Compliance Calendar, cutomizable to your renewal date and employer size, helps you track and meet key federal compliance deadlines associated with the health plan you provide. All Hylant clients can find the Compliance Calendar in the Toolbox of the portal. Click below to log in or contact your Hylant representative to set up an account.

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