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IRS increases 2021 PCORI fee

The annual Patient-Centered Outcomes Research Institute (PCORI) fee for plans ending between October 1, 2020, and October 1, 2021, is $2.66. This is an increase from the 2020 rate of $2.54.

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COVID-19 relief bill passed

The $900 billion COVID-19 relief bill Congress passed last week was signed by President Trump Sunday evening. The bill clarifies that the requirement for certain employers to provide paid emergency sick and family leave ends December 31, 2020. However, for the first three months of 2021, private...

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OSHA updates COVID-19 reporting requirements

The Occupational Safety and Health Administration (OSHA) has released two additional questions to its COVID-19 frequently asked questions. The answers clarify when employers must report work-related COVID-19 inpatient hospitalizations and fatalities.

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EEOC delays EEO-1 Report until 2021

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. In advance of each annual reporting deadline, the EEOC notifies past filers that the reporting portal is open.

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CDC updates close contact guidance

The Centers for Disease Control and Prevention (CDC) recently updated its guidance defining close contact in the context of COVID-19 risk. Previously, close contact was described as spending at least 15 consecutive minutes within six feet of an infected person, thus putting an individual at higher...

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IRS releases annual contribution limits

The IRS issued new contribution limits this month for tax-advantaged accounts. The limits, adjusted for inflation annually, are effective January 1, 2021.

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Deadline to provide employee ACA forms extended to March 2

In Notice 2020-76, the IRS extended the January 31, 2021, deadline to submit 2020 employee 1095-B and 1095-C ACA forms to March 2, 2021. The Notice does not extend the deadlines for employers to file ACA forms with the IRS. 

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DOL clarifies independent contractor status

This month the DOL released a proposed rule intended to clarify how employers can determine if workers are employees or independent contractors. Misclassifying an employee as an independent contractor has grave consequences for employers. Penalties can go back for three years and be as much as...

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Remember your 2021 CMS online disclosure obligation

Each year attention is given to the October 15 deadline to provide Medicare-eligible health plan participants with a letter clarifying if your company-provided prescription drug coverage is as least as good as Medicare’s.

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FFCRA amendments provide greater clarity

The Wage and Hour Division of the Department of Labor (DOL) recently released revised regulations affecting implementation of the emergency paid sick leave and emergency family and medical leave provisions of the Families First Coronavirus Response Act (FFCRA). The amendments are effective...

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