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…
Read MoreCongress Increases Funding for Paycheck Protection Program
Congress recently passed a new bill that increased funding for the Paycheck Protection Program under the Coronavirus Aid, Relief and Economic Stability Act (CARES) after previous funding ($349 billion) ran out…
Read MoreThe CARES Act: Small Business Loan May Help Employers Maintain Payroll & Employee Health Benefits
Under the Coronavirus Aid, Relief and Economic Stability (CARES) Act, small businesses (with fewer than 500 employees) may apply for a loan up to $10 million under Section 7(a) of the Small Business Act…
Read MoreThe Coronavirus Aid, Relief and Economic Security Act
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act…
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