Share
 
 
 
May 2023 Compliance Recap
Read Time: 7 Minutes

May brought a reminder memo from the IRS on claims substantiation and payment of medical and dependent care expenses, and an update for the 2024 HDHPs, HSAs, and Excepted Benefit HRA limits. The Departments of Labor, Health and Human Services, and the Treasury issued an FAQ on the Braidwood decision, which concluded that the determination of certain preventive care requirements under the Affordable Care Act violated the Appointments Clause of the United States Constitution.

  • CLAIMS SUBSTANTIATION FOR PAYMENT OR REIMBURSEMENT OF MEDICAL AND DEPENDENT CARE EXPENSES
  • 2024 LIMITS ANNOUNCED FOR HDHPS, HSAS, AND EXCEPTED BENEFIT HRAS
  • PREVENTIVE HEALTH SERVICES COVERAGE AND THE BRAIDWOOD DECISION
 
June Webinar Recording:

 
WEBINAR:
Getting it Right: ACA Counting, Tracking, and Reporting

Tuesday, July 11, 2023
2:00PM EST


Attend this month's webinar to learn who to include, how to count, and when to track employees for Affordable Care Act (ACA) reporting.

Gain insights into:
  • Avoiding common errors in ACA coding
  • Mastering lookback, measurement, and stability periods
  • Coordinating with sister companies, controlled groups, and M&A environments

Be able to answer these questions:

  • What should be done in preparation for becoming an applicable large employer?
  • Where do gig workers fit in?
  • How have electronic submission requirements changed?

In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nation's leading employment and benefit law firms, Fisher Phillips. Normally the cost of the 60 minute Webinar is $200, but we are pleased to offer it to you free of charge. Simply click the blue button below to register, and be sure to use the coupon code UBA410EW.

 
Remote Workforce Best Practices
Source: HR Service Inc.
Read Time: 8 Minutes


There has been a lot of debate in the last few years around the remote workforce issue. Organizations have remained divided over whether it is a good idea to continue implementing remote employees as part of their structure....Keep Reading
 
Compliance Question of the Week

Q: If an employee changes their name, do we need to complete a new Form I-9?

A: Except for certain government contractors or some situations involving the use of fraudulent documents, employers do not need to update or complete a new Form I-9 when an employee changes their legal name or address. That said, the U.S. Citizen and Immigration Services (USCIS) recommends keeping correct information on Forms I-9 and taking steps to ensure a name change is legitimate.

To update the employee's original Form I-9, enter their new legal name in Box A of Section 3, and then sign, date, and print your name on the final line.


Visit the Insights Blog for the latest employee benefit news, trend analysis, regulatory insight, HR tips and more!

Have a compliance question? We're here to help! Simply reply to this email or send a new email to info@bimgroup.us
 


1151 Red Mile Rd.

Lexington, KY 40504

P 859.255.9455



8005 Lyndon Centre Way Ste 102
Louisville, KY 40222


P 502.339.7980



Email Marketing by ActiveCampaign