by PC Editorial Staff | Jul 12, 2022 | American Rescue Plan Act (ARPA), Employee benefit plans
On July 8th, 2022, the Pension Benefit Guaranty Corporation (PBGC) published a final rule addressing PBGC special financial assistance into the Federal Register. The final rule would allow up to $91 billion for financially troubled multiemployer pension plans....
by PC Editorial Staff | Jun 28, 2022 | Employee benefit plans, Medicare
The U.S. Supreme Court’s recent decision to overturn Roe v. Wade will impact employee access to reproductive care through employer group health plans in several ways. Markedly, the landmark decision overturned nearly 50 years of legal precedent that allowed women in...
by PC Editorial Staff | Jun 1, 2022 | ACA, Affordable Care Act, Association Health Plans, Employee benefit plans, IRS
Recently, the Internal Revenue Service (IRS) released a revenue procedure regarding Health Savings Accounts (HSAs) that provides 2023 HSA contribution limits adjusted for inflation. Additionally, the IRS’s revenue procedure communicates the maximum amount newly...
by PC Editorial Staff | May 24, 2022 | DOL, Employee benefit plans, Employee Benefits Administration, ERISA, IRS
On May 20th, 2022, the U.S. Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation released their final rule on 2022 Form 5500 filing and Form 5500-SF Short Form Annual Return/Report of Employee Benefit Plans. The...
by PC Editorial Staff | May 10, 2022 | CMS, Coronavirus (COVID-19), DOJ, Employee benefit plans
Previously, the U.S. Department of Justice (DOJ) announced a nationwide law enforcement action to combat COVID-19 healthcare fraud. In recent developments, the DOJ brought criminal charges against 21 defendants, across nine federal districts, for alleged participation...
by PC Editorial Staff | May 10, 2022 | DOJ, Employee benefit plans, Federal Contractors
The U.S. Department of Justice (DOJ) announced on April 29th, 2022, a $34.37 million settlement in a case of Federal Employees Health Benefits Program (FEHBP) fraud where a hearing aid company made false FEHBP claims. In brief, the company allegedly submitted claims...