Health care expenses typically are one of the top fourexpenses for the manufacturing, construction and transportation industries. Thisarticle is intended to help you gain control over those costs, make moreinformed decisions and avoid wasted spending.
In the investing world, 2020 was a year of records and firsts.
May 12, 2021HRB 155

HRB 155 provides information, insight, and guidance on health reform implementing regulations related to:

  • Ongoing ACA Litigation
  • Impact of Coronavirus on Employer Shared Responsibility Provisions
  • Transparency in Health Coverage Rules
  • State Individual Mandate Reporting Update
  • Year-End Reminders

As businesses are increasingly focused on reopening and rebuilding, it’s important to stay on top of regulatory and legislative matters to ensure continued compliance. This update covers issues involving Cybersecurity, Emergency Paid Leave, 2022 Cost of Living Adjustments, and more. 
National HurricanePreparedness Week is a good reminder to prepare early for these massive naturaldisasters and their potential effects on your business.
The IRS has released Rev. Proc. 2021-25, with inflation adjusted amounts for health savings accounts (HSAs) and excepted benefit health reimbursement arrangements (EB-HRAs).
Effective April 21, 2021, Chicago employers cannot retaliate against workers getting the COVID-19 vaccine during working hours, or require workers to get the vaccine during non-working hours.   
Beginning July 1, 2022, private employers must provide up to64 hours of paid sick leave to their employees.
Employers and individuals who purchased or were enrolled in a BCBSA insurance or administrative services plan must file a claim form by November 5 to participate in the proposed settlement. 
Individuals may be eligible for State Medicaid or Children’sHealth Insurance Program (CHIP) premium assistance. Employers may face apenalty for failure to provide this annual notice.

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