National Individual Mandate Expires in 2019, DC Retains Individual Mandate

Beginning 2014, the ACA (Affordable Care Act) required all Americans to join a health insurance plan or pay a tax penalty. The penalty for not carrying health insurance in 2018 is $695 per person or 2.5% of total household income, whichever is greater.   Part of the Tax Cuts and Jobs Act signed into law in December 2017 eliminates the... Read More

Comparative Effectiveness Research Fee (CERF)/PCORI Fee 2018

  Organizations with self-insured plans, including Health Reimbursement Accounts (HRAs) and certain Flexible Spending Accounts (FSAs), must pay the Comparative Effectiveness Research Fee (CERF) every year (AKA: "PCORI Fee").  This fee is part of the Affordable Care Act and funds the Patient-Centered Outcomes Research Institute (PCORI).  It is due to the IRS via Form 720 by July 31, 2018 for... Read More

Maryland Sick and Safe Leave (2018)

Maryland Healthy Working Families Act 2018 Effective February 11, 2018, with legislation pending to delay the Act until July 1, 2018, the state of Maryland implemented a paid leave act for companies with 15 or more employees.  As of 2/11, it will: Affect employers with 15 or more employees, including full-time, part-time, temporary, seasonal, are subject to collective bargaining agreements Does... Read More

2018 Projections for Large Employer Health Costs

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Large Employer Health Costs May Rise 4.5% in 2018: Aon Aon analyzed health benefits data from 450 of their largest clients (10 million people) to determine:Large US employers experienced a 3.9% increase in health benefits costs this year (average $11,934)In 2016, this average increased 3.1%In 2018, this average increase is projected to be 4.5%Employer costs rose 3.9% (average $9,371 per employee)Employee’s... Read More