This regulatory and legislative update covers issues involving annual PCORI fee and filing reminder, gag clause prohibition compliance attestation and more.
Annual PCORI Fee and Filing Reminder | Learn More
The PCORI fee, filing and payment for plan or policy years ending in 2023 is due by July 31, 2024.
Gag Clause Prohibition Compliance Attestation | Learn More
As a reminder, the Consolidated Appropriations Act of 2021 prohibits gag clauses. Annual attestation that the plan is complying with the no gag clause standard is required and is due by December 31 of each year.
Medical Coverage of Gender-Affirming Care Upheld | Learn More
The United States Court of Appeals for the Fourth Circuit has issued a ruling in Kadel, et al. v. Folwell, et al. Case No. 22-1721 that gender-affirming care to treat gender dysphoria cannot be denied, that the failure to provide such coverage is discriminatory and violates the 14th Amendment’s Equal Protection Clause, and provisions of federal law, including the Medicaid Act and the Affordable Care Act.
2025 HSA and EB-HRA Adjustments | Learn More
The IRS has released Rev. Proc. 2024-25, with inflation adjusted amounts for health savings accounts (HSAs) and excepted benefit health reimbursement arrangements (EB-HRAs).
IRS Releases 2024 Publication 15-B | Learn More
The IRS has released the 2024 Publication 15-B, the Employer's Tax Guide to Fringe Benefits.
Qualified Transportation | Learn More
In a recent letter ruling the IRS responds to a taxpayer question about cash-out of unused qualified transportation benefits.
Chicago Finalizes Paid Leave and Paid Sick Leave Rules | Learn More
The Chicago Department of Business Affairs and Consumer Protection published the final rules for the new Paid Leave and Paid Sick Leave Ordinance which is set to take effect on July 1, 2024.
Illinois Paid Leave for All Workers Act Final Rules | Learn More
The Illinois Department of Labor has published final rules implementing the Paid Leave for All Workers Act, which requires most Illinois employers to provide up to 40 hours of paid leave per year for any purpose.
Connecticut Expands Paid Sick Leave | Learn More
On May 8, 2024, Governor Ned Lamont signed legislation expanding the state’s mandated paid sick leave to almost every employee in Connecticut by 2027.
Minnesota Pay Transparency Requirement | Learn More
Beginning January 1, 2025, employers with 30 or more employees in Minnesota must disclose in each job posting the salary range and a general description of the benefits, including but not limited to any health or retirement benefits, for the job.