Bulletins

IRS to Increase Affordability Rate for 2019

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Blue KC to start preventive health program

Blue KC is beginning a Diabetes Prevention Program (DPP) as a free preventive health benefit to qualifying Blue KC members (except Medicare Advantage and JAA groups). The DPP is intended to reduce a participant’s risk of type 2 diabetes.

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Blue KC announces prescription drug updates

Blue KC will update its prescription drug plan designs for group members in Blue-Care® (HMO), BlueSelect Plus (PPO), Preferred-Care® (PPO) and Preferred-Care Blue® (PPO) plans, effective July 1, 2018.

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Annual PCORI fee due July 31

Employers who are responsible for paying the annual Patient-Centered Outcomes Research Trust Fund fee should use the updated Form 720. The fee, a provision of the Affordable Care Act, funds the Patient-Centered Outcomes Research Institute (PCORI), which aims to help patients better understand...

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Blue KC to require electronic billing August 1

Starting August 1, Blue Cross Blue Shield of Kansas City (Blue KC) will issue all monthly invoices using an electronic billing system. Invoices can be accessed and paid using electronic funds transfer (EFT) through BlueKC.com.

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2019 HSA contributions released by IRS

The IRS has announced the 2019 HSA maximum contribution limits detailed in the newly released Revenue Procedure 2018-30. HSA contribution and plan limits will increase to $3,500 for self-only coverage and $7,000 for family coverage. Changes to these limits will take effect January 2019.

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IRS announces relief for 2018 HSA family contributions

The IRS announced on Thursday, April 26, that it’s modifying the annual limitation on 2018 HSA family contributions. Under Rev. Proc. 2018-27, taxpayers will be allowed to treat $6,900 as the annual limitation for 2018, as opposed to the $6,850 limitation announced earlier this year.

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New labor law posters and forms

At the start of each year it’s a good practice to verify that you’re using the most current state and federal labor law posters and IRS employment-related forms. Employers should display posters in a conspicuous location on the employer’s premises.

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EEO-1 Report deadline March 31

The EEO-1 Report is required to be filed with the U.S. Equal Employment Opportunity Commission (EEOC) each year for employers with 100 or more employees. The report requires employers to provide employment data by race/ethnicity, gender and job categories. Traditionally the annual reporting...

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FIDUCIARY RULE AT STANDSTILL

In a 2-to-1 decision, the 5th Circuit Court of Appeals reversed a lower court 2016 decision that upheld the Department of Labor’s (DOLs) fiduciary rule. The rule extended the fiduciary definition defined in the Employee Retirement Income Security Act (ERISA) that applies to the retirement plan...

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