Empowering Plans: P90 - IRS Notice 2020-29, COVID-19 and Cafeteria Plans: Self-Funded Plans Beware!

On September 15, 2020
The COVID-19 pandemic has brought about an unprecedented wave of federal legislation in a short period of time specifically aimed at regulating employer-sponsored group health plan coverage. Similarly, the Internal Revenue Service (IRS) has followed suit and released several formal Notices aimed at extending COVID-19 relief options to cafeteria plans. In the most recent notice issued by the IRS, however, IRS Notice 2020-29, there are certain provisions that impact employer-sponsored coverage. If adopted by a cafeteria plan sponsor that also sponsors a self-funded health plan, these provisions can result in significant cost liability for the plan and create issues for stop-loss reimbursement.

A Joint Final Rule: Extending COBRA, HIPAA , and Claims / Appeal Deadlines

On May 20, 2020
The DOL and IRS issued a Final Rule to extend a number of deadlines and timeframes that are relevant to group health plans such as HIPAA and COBRA. Learn more.

There’s a New Notice on the Block

On July 31, 2019
Prepare your HAS-qualified high deductible health plan offering groups informed about the new IRS notice on the block. Stay tuned for more IRS regulations.

Responding to a IRS Letter 226J: Considerations and Common Mistakes

On December 5, 2018
If you are an applicable large employer, IRS could possibly be sending a Letter 226J notice your way. Will you be ready to respond accurately within 30 days?

The Phia Group Saves an Employer Thousands of Dollars

On March 30, 2018
Have you received a letter from the IRS saying that you violated employer mandate rules and owe an ESRP penalty? Read here to get all the details.