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HIPAA Update

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Final HIPAA/HITECH rules are in sight! Last month, the rules reached the White House Office of Management and Budget (OMB), the final stop in the federal internal review process.
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Correcting Cafeteria Plan Election Mistakes

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An election for a cafeteria plan benefit can be corrected during the plan year in the context of a mistake if an employer can verify and confirm that a mistake was made in the election, either by the employer or employee.
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April is National Autism Awareness Month. Autism is a complex developmental disability that typically appears during the first three years of life and affects a person’s communication and social interaction abilities. The disorder occurs on a spectrum, in that it affects individuals differently and to varying degrees. The prevalence of autism has risen to 1 in every 110 births in the United States and almost 1 in 70 boys.
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IRS Health Care Reform Tax Provisions

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The IRS has provided a helpful list of tax provisions stemming from the Affordable Care Act – or health care reform – that are now in effect. The IRS will update this page as more provisions go into effect over the coming years.
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Supreme Court Sends Signals With Questioning

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On Monday, the Court heard arguments on whether the Anti-Injunction Act prevents the Court from considering the individual mandate provision until its actual effective date in 2014. The 145-year-old Act prevents federal courts from deciding cases in which taxpayers are trying to prevent the government from collecting taxes. The tax has to be actually due, and then the courts can hear the case.
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Senate Passes Parking – Mass Transit Parity

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On Wednesday, March 14th the Senate passed a bill (S. 1813) that authorizes Federal-aid highway and highway safety construction programs, and for other purposes, including a provision that restores parity for exclusion from income for employer-provided mass transit and parking benefits.
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SBC FAQs

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The Departments of Labor, Health and Human Services, and Treasury have issued a set of 24 FAQs on the summary of benefits and coverage (SBC) requirement under health care reform. The FAQs attempt to answer some of the questions raised to date.
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Supreme Court Gearing Up for Health Care Reform

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Beginning Monday March 26, the Supreme Court will begin hearing oral arguments in one of its biggest cases in decades – the Affordable Care Act, or health care reform. Monday’s 90 minutes of argument will center on whether the Anti-Injunction Act bars the Court from considering the individual mandate. Essentially, if the Court finds that the Act applies here, then the Court would not be able to consider the individual mandate until its effective date in 2014.
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The Departments of Labor, Health and Human Services, and Treasury – the departments responsible for implementing certain health care reform requirements – have released guidance on several key health care reform provisions effective in 2014. The guidance – in the form of FAQs from employers and other stakeholders – covers automatic enrollment, employer shared responsibility, and the 90-day limitation on waiting periods and outlines rulemaking approaches under consideration by the department...
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Last week, the IRS released updated FAQs regarding reporting of employer provided health coverage on Form W-2. The updated FAQs incorporate guidance set forth in Notice 2012-9. Generally, employers filing more than 250 Forms W-2 must report the value of employer provided health coverage starting in calendar year 2012 (on Forms W-2 furnished to employees in 2013).
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Categories: Health Care Reform | Tags: W-2 Reporting