Employee Benefits

Submitted by Ali Law Group PC on August 28, 2018 Recently, employer Abbott Labs announced the introduction of a proposed program which would amend its defined contribution plan to include a student loan benefit for its employees. The program would allow for employer-provided student loan repayment benefits offered through Abbott Labs’ 401(k) plan. On Friday, August … Read more

Submitted by Ali Law Group PC on August 5, 2018 On August 1, 2018, the Departments of Health and Human Services, Labor, and Treasury issued a final rule which expands access to short-term, limited-duration insurance coverage. The rule extends short-term health insurance plans from three months to one year, with renewal options to extend coverage to … Read more

Submitted by Ali Law Group PC on May 22, 2018 The Affordable Care Act (ACA) imposes a fee on health insurers and plan sponsors of self-insured group health plans to help fund the Patient-Centered Outcomes Research Institute (PCORI). Specifically, the PCORI fee assists in funding research that evaluates and compares health outcomes, clinical effectiveness, and … Read more

Submitted by Ali Law Group PC on April 7, 2018 On April 5, 2018, the IRS announced the potential expansion of the scope of the determination letter program for individually designed plans during the 2019 calendar year. In Notice 2018-24, the IRS requested comments on specific types of plans for which the Treasury Department and … Read more

Submitted by Ali Law Group PC on April 2, 2018 In response to President Trump’s October 2017 Executive Order, the Departments of Health and Human Services, Labor, and the Treasury issued a proposed rule to amend the definition of short-term, limited duration insurance. The rule proposes to expand the availability of short-term, limited-duration health insurance … Read more

Submitted by Ali Law Group PC on May 18, 2017 On May 4, 2017, President Trump’s 105th day in office, the U.S. House of Representatives passed the American Health Care Act (“AHCA”) (H.R. 1628) by an incredibly slim margin. After the original bill to repeal and replace the Affordable Care Act failed to garner enough … Read more