The IRS recently released Forms 1094 and 1095 (and instructions) for the 2020 plan year…
Read MoreIRS Extends 2021 ACA Reporting Deadline
The IRS recently announced that it will be extending the filing deadline for 1095 forms for the 2020 plan year. Employers will now be required to provide employees with a copy of their 1095-B or 1095-C form by March 2, 2021…
Read MoreDOL Releases Update to Clarify COVID-19 Paid FMLA Rules
The Department of Labor (DOL) has recently issued new regulations to help clarify certain provisions related to paid FMLA under the Families First Coronavirus Response Act (FFCRA)…
Read MoreIRS Increases ACA Affordability Percentage for 2021
The IRS recently announced the ACA affordability percentage for 2021, increasing the percentage from 9.78% to 9.83%…
Read MoreIRS Releases Annual PCORI Fee Adjustment
The IRS has recently adjusted the Patient-Centered Outcomes Research Institute (PCORI) fee to $2.54 for plan years ending on or after October 1, 2019, and before October 1, 2020…
Read MoreCOVID-19 Health Insurance Premium Refunds: Distributing Refunds to Plan Participants
As a result of COVID-19, health insurance carriers have been paying out fewer medical claims than normal…
Read MoreIRS Releases 2021 HSA Contribution Limits, HDHP Minimum Deductibles, & HDHP Out-of-Pocket Maximums
the IRS recently updated the limits for Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs)…
Read MoreBRSi COVID-19 Employer Resources Guide
BRSi has compiled a list of helpful resources and provided basic summaries for the following COVID-19 related rules and regulations…
Read MoreIRS Releases New COVID-19 Related Guidance for Cafeteria Plans, FSAs, DCAPs, & High Deductible Health Plans (HDHPs)
The IRS recently issued new guidance that allows for new Cafeteria Plan amendments as a result of COVID-19…
Read MoreDepartment of Labor Temporarily Extends COBRA Deadlines Due to COVID-19 National Emergency
The Department of Labor (DOL) has released a new rule that temporarily extends COBRA deadlines due to the National Emergency as a result of COVID-19…
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