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Hand-picked links to the web's best news articles, official guidance, jobs, webcasts and more.
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[Guidance Overview]
Final Mental Health Parity Regulations Mostly Confirm and Clarify Earlier Guidance
"The PPACA makes the MHPAEA applicable to grandfathered and non-grandfathered health insurance issuers in the individual health insurance market for policy years beginning on or after January 1, 2014. Sponsors of self-funded, nonfederal governmental plans may continue to opt out of the MHPAEA. Plans covering fewer than two current employees (i.e., retiree-only plans) are not subject to the MHPAEA. Through at least 2014, the departments will treat employee assistance programs (EAPs) as excepted benefits not subject to the MHPAEA as long as these programs do not provide significant benefits in the nature of medical care or treatment."
(Towers Watson)
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IRS Releases 2013 Version of Publication on HSAs, HRAs, Flexible Spending Accounts
"The IRS has released the 2013 Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans. This publication is compiled to help taxpayers properly take advantage of the tax benefits of HSAs, Archer medical savings accounts (MSAs), health flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs)."
(Ascensus)
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New Health Flexible Spending Account Carryover Rules: Employers Have Choices to Make
"Employers have three options for the administration of unspent [health flexible spending account] balances at the end of a plan year -- grace period, carryover or neither. Employers will have to decide whether or not to change current plan designs and implement a carryover. Based on the existing guidance under Notice 2013-71, [this article summarizes] the best practice for employers based on their current plan designs[.]"
(TRI-AD)
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Health Care Spending Slowdown? Not for States and Localities
"[T]he Government Accountability Office -- the nonpartisan investigative arm of Congress -- warns that health care spending is the primary driver of the long-term fiscal challenges that it expects state and local governments to face. According to the GAO's simulation, state and local health-related expenditures will nearly double as a percentage of gross domestic product from 2014 to 2060."
(Pew Center on the States)
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Economists See Little Effect on Hiring from ACA
"Most, 85 percent, also said the law wouldn't prompt a change in their hiring practices, according to the survey. Some 6 percent said it would lead to more employment of part-time help and fewer full-time staff, while 8 percent said it would lead to less hiring of all types of workers."
(Bloomberg)
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High Court Offers Some Relief from Contraceptive Coverage Mandate Accommodation for Religious Nonprofit Organization (PDF)
"On January 3, 2014, the government filed a brief opposing the Little Sisters' application for an injunction, arguing that the organization can free itself from compliance with the mandate by the simple 'stroke of a pen' in signing EBSA Form 700. In the government's view, once the organization signs the form, it has no obligation whatsoever to provide contraceptive services to its employees. Additionally, the government maintains that the organization cannot show that it will actually suffer harm because of the EBSA Form 700 requirement."
(Buck Consultants)
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[Opinion]
Cato Institute Files Amicus Brief in Sibelius v. Hobby Lobby Supreme Court Case
"These cases will determine whether individuals who wish to conduct their lives in accordance with their religious beliefs forfeit the right to do so when they engage in business activities, particularly through the corporate form. Cato has submitted a brief supporting Hobby Lobby and Conestoga. We argue that individuals should be able to order their professional lives according to their religious beliefs, that engaging in business doesn't demand the surrender of religious freedom, and that there's nothing inherent in the corporate form that requires denying the owners of a corporation the right to direct their business in a manner that comports with their religion."
(Cato Institute)
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[Opinion]
Text of Amicus Brief of American Center for Law & Justice in Sibelius v. Hobby Lobby Supreme Court Case (PDF)
"The federal regulation at issue in these cases requires employers to pay for and provide abortifacient drugs and devices, contraception, sterilization, and related patient education and counseling services in their health insurance plans ... [T]he ACLJ currently represents thirty-two individuals and corporations in seven pending actions against the government, including a case with a petition for certiorari currently pending before this Court. The ACLJ has obtained preliminary injunctive relief for its clients in all seven cases."
(American Center for Law & Justice)
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Benefits in General; Executive Compensation
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[Guidance Overview]
Qualified Plans and Executive Pay Programs Exempt from Net Investment Income Tax
"Qualified [retirement] plans and executive pay programs are generally exempt from the 3.8% net investment income tax on high-income individuals. Employers might want to consider expanding deferral opportunities to enable executives to accrue earnings and receive income exempt from the tax."
(Towers Watson)
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Press Releases
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