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August 8, 2011
Expiration of FUTA Surcharge Tax
The federal unemployment tax (FUTA) empowers the IRS to tax employers in all states to fund unemployment benefits for involuntarily terminated workers. For the past 23 years, FUTA included a 0.2% surcharge. This additional 0.2% surcharge provision expired on June 30, 2011. Therefore, unless extended by law, the FUTA rate has decreased from 6.2% to 6.0% of gross payroll, beginning July 1, 2011.
New York Imposes New Dependent Reporting Requirements on Employers
Presumably, in an effort to augment dependent health coverage, the State of New York has recently passed a law requiring that employers report both for new hires, and on a quarterly basis, the availability of dependent coverage. This applies to employers who have employees who work or reside in New York.
August 3, 2011
HRB 37 - Preventive Care Coverage Expanded to include Women’s Health Services
August 2, 2011
Budget Control Act of 2011
July 11, 2011
HRB 36 - Modifications to Claims and Appeals, and External Review
July 7, 2011
IRS Increases Mileage Rate for Medical Expense Reimbursement
Due to the increased cost of gasoline, the IRS revised the optional standard mileage rates for purposes of computing the deductible costs of operating an automobile for medical expense reimbursements, as well as for business and moving expense purposes. Below are the reimbursement rates for the first and second six-month periods in 2011.
Marriage Recognition Updates: New York and Rhode Island
New York: Same-Sex Marriage
June 22, 2011
HRB 35 - Update: Mini-Med Plan Waivers
June 7, 2011
Accountings for PHI Disclosure: Rules Proposed
HHS’ Office of Civil Rights has recently proposed rules relating to accounting of disclosures. The HIPAA law, as modified by the Health Information Technology for Economic and Clinical Health Act (HITECH), requires certain accounting of disclosures of protected health information (PHI) maintained in a designated record set. These rules propose to clarify the types of accounting that are required. Of particular note, the proposal would limit the accounting to the past 3 years.
Medicare Part D Notices – Corrected Links
It’s come to our attention that the links to the model Medicare Part D disclosure notices contained in last month’s Benefit Beat article, Medicare Part D Updates, were changed following release of our publication. We‘ve since revised the links contained in this article.