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The following articles were posted in 2019.

2020 IRS Limits Announced

Much later than usual, the IRS released the 2020 retirement plan contribution limits. Earlier this year, they also released the High Deductible Health Plan (HDHP) and Health Savings Account (HSA) limits. We now also have the cafeteria plan, adoption credit, and transit benefit limits as well.

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Posted on November 06, 2019 by Gary B. Kushner, President and CEO, Kushner & Company

Electronic Disclosures: DOL Discovers E-Mail and the Internet

The US Department of Labor has suddenly realized that employers and their employees use a newfangled means of communicating in the real world: e-mail and the internet. In a bold move proposing their latest regulations (last issued in 2002 as most people were beginning to use electronic means of communication), the DOL has proposed new rules that would enable employers and plan sponsors of retirement plans (and only retirement plans, not health and welfare plans) to use electronic communications as the default means of providing certain ERISA-required notices. Of course, there are a number of requirements in order to use these new e-mail and internet thingys.

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Posted on October 28, 2019 by Gary B. Kushner, President and CEO, Kushner & Company

CHIP Notice Update (2019)

Since 2009, special enrollment rights to immediately enroll in an employer’s health plan arise if an individual becomes eligible for a state premium assistance subsidy under Medicaid or the Children’s Health Insurance Program Reauthorization Act (“CHIPRA”, or often shortened to CHIP). The subsidy helps low-income individuals pay for employer coverage, transferring them from government-sponsored health programs to employer health plans. CHIPRA imposes a notice requirement on employers who maintain health plans with participants residing in one or more states providing a premium assistance subsidy. The notice must be provided annually to all employees residing in each premium assistance subsidy state, including employees not enrolled in the plan.

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Posted on August 05, 2019 by Gary B. Kushner, SPHR, CBP, President and CEO

2020 HSA Limits and HDHP Designs Announced

Starting in 2007, the Tax Relief and Health Care Act of 2006 (TRHCA) requires that the IRS release the upcoming year’s new HSA limits prior to June 1st.

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Posted on May 29, 2019 by Gary B. Kushner, SPHR, CBP, President and CEO

Kushner CEO Speaks at DisruptHR

Kushner President and CEO Gary Kushner was invited to present a 5-minute (and exactly 5 minutes) speech at this year’s DisruptHR conference. His topic was on “Total Rewards: Why are We Doing What We’re Doing?” Here’s the video of that talk.

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Posted on May 23, 2019 by Jennifer Alfieri, COO, Kushner & Company

It's PCORI Return Filing Time Again (2019 Edition)

Under the ACA, the Patient-Centered Outcomes Research Institute (PCORI) was established. The funding mechanism for PCORI was a fee on group health plans, including certain employer-contributed health care flexible spending accounts (employer FSAs) and Health Reimbursement Arrangements (HRAs). An IRS Form 720 is required to be filed each year by July 31st.

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Posted on May 23, 2019 by Gary B. Kushner, SPHR, CBP, President and CEO

DOL Reaffirms ERISA Preemption of State Wage Withholding Laws

The U.S. Department of Labor (DOL) recently published an Information Letter that confirms the general preemption under ERISA of state civil laws that require employers to obtain written consent before withholding amounts from employees’ wages for contribution to a benefit plan subject to ERISA.

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Posted on February 18, 2019 by Gary B. Kushner, President and CEO

Prescription Drug Plans (Even as Part of a Health Plan) Must Be Annually Disclosed to CMS

Employers who sponsor group health plans that cover any prescription drugs generally must disclose whether the plan provides creditable or non-creditable prescription drug coverage to the Centers for Medicare and Medicaid Services (CMS) within 60 days of the start of a new plan year. If your plan year begins on January 1, you must file your disclosure with CMS by March 1.

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Posted on February 18, 2019 by Gary B. Kushner, President and CEO

Kushner Cited as Resource on Medicare and Challenges for HR

In a recent article published by SHRM, our President and CEO Gary Kushner was cited as the main resource on dealing with active employees and their dependents upon their reaching Medicare-eligibility. Kushner mentioned many issues related to employer-based health and prescription drug benefits in both large and small employers when employees work past age 65, or who have dependents past age 65.

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Posted on February 15, 2019 by Ian Thrasher

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