35 pages; Nov. 17, 2023. "What's New: [1] Cents-per-mile rule.... [2] Qualified parking exclusion and commuter transportation benefit.... [3] Contribution limit on a health flexible spending arrangement (FSA)."  MORE >>

"Because 2024 is a leap year, the deadline for individual statements is March 1, 2024.... Electronic IRS returns for 2023 must be filed by March 31, 2024. However, since this is a Sunday, electronic returns must be filed by the next business day, which is April 1, 2024.... The 2023 instructions include information on the new electronic filing threshold for information returns required to be filed on or after Jan. 1, 2024, which has been decreased to 10 or more returns "  MORE >>

"For plans with plan years that ended on or after October 1, 2023, and before October 1, 2024, the fee is $3.22 per covered life. Employers who maintain self-insured health plans and HRAs ... need not pay a separate PCORI fee for HRA-covered lives. However, employers who provide coverage through a fully insured plan ... and an HRA must pay a PCORI fee based on the HRA[.]"  MORE >>

"[R]ebate retention is actually best at negotiating large rebates which can be achieved either by good negotiation lowering net prices or by allowing for high drug prices and large rebates (so the net price is not much discounted).... Incentives for spread pricing are to squeeze the lowest possible costs from their pharmacy network in terms of dispensing fees. Administrative fees lead PBMs to do their best to lower their costs for administering the pharmacy benefit."  MORE >>

"As CEO of Cost Plus Drug Co., Mark Cuban is telling other CEOs: 'If the big 3 PBMs, which also own the insurance companies, lose 5 of the top 15 non-PBM Fortune 50 companies, their business practices are going to change.' "  MORE >>

"[T]he resources of most elderly in the U.S. are insufficient to finance these ongoing long-term care needs and the public sector finances the majority of long-term care spending. At the same time, informal care plays a critical role, with the elderly at every age and every disability level receiving informal care more frequently than formal care. Indeed, when properly valued, informal care accounts for more than one-third of the nearly 2 percent of U.S. GDP devoted to long-term care."  MORE >>

12 pages. "This checklist addresses plan amendments, notices and other considerations for qualified retirement plans, welfare plans, and stock-based and performance-based plans. A chart showing benefit and contribution limits for 2024 is included."  MORE >>