The New Year is the perfect time for employers to take pause to ensure they’re aware of benefits and other employer-/ employee-related laws affecting their business.
We’ve captured highlights of some of the pertinent regulatory and legislative updates employers need to stay on top of in order to ensure a successful and compliant 2019. You can also download our 2019 Regulatory & Legislative Update to learn more.
- Be sure to re-calculate your employer size as it determines applicability of many laws:
- 50-plus employees – ACA employer shared responsibility; FMLA
- 20-plus employees – ADEA, COBRA and Medicare secondary payer rules
- 15-plus employees – Title VII and related laws: race, color, religion, sex (including pregnancy), national origin, disability and genetic information
- Ongoing Plan Disclosures – required by ERISA (SPD, SMM), ACA (SBC, marketplace notice), COBRA, FMLA, HIPAA, Medicare, USERRA and wellness programs, among others
Group Health Plan Disclosures – Annual Notice Obligations
- Women’s Health and Cancer Rights Act (WHCRA) Notice
- Medicaid/CHIP Premium Assistance Notice
- Medicare Part D – Creditable Coverage Disclosure Notice
- Summary Annual Report (applicable to plans filing Form 5500)
Form W-2 Benefit-Related Reporting Reminders
- Dependent Care Assistance Programs (DCAP)
- ACA: Cost of Health Coverage
- Additional Medicare tax withholding on high earners
- Health Savings Accounts (HSA)
- Qualified Small Employer Health Reimbursement Arrangement (QSEHRA)
- Disability Income
- Group Term Life Insurance
See what other benefit-related reporting reminders employers should know in 2019, here.
Status of State Family Leave & Sick Leave Laws
If your business is located in any of the states listed below, be sure you are educated on the details on those laws.
Family Leave Laws
State-Enacted Earned or Paid
Sick Leave Laws
District of Columbia
District of Columbia
Employers also need to know the benefit-related cost-of-living adjustments for 2019, including FSA Limit, Pension and Retirement Plan Limits, Social Security and Medicare, which can be found here.