Compliance Webinar: Employer Reporting – Here Come the 1095s

2018 marks the fourth year for which Applicable Large Employers (ALEs) must report offers of health coverage to full-time employees to the IRS on Form 1094-C, and provide Employee Statements (Form 1095-C).  The deadline for providing Form 1095 to employees is January 31, 2019.  Employers must file Form 1094-C and copies of Form 1095-C by February 28, 2019 if paper forms are filed, or April 1, 2019 if the forms are filed electronically.  Final forms and instructions have been released by the IRS.  This webinar will provide a refresher intended to help employers complete these forms.

This webinar, presented by Hays Companies Research and Compliance Department, covers Employer Reporting: Here Come the 1095s

Other topics this webinar will address include:

  • Employers subject to reporting
  • Delivery and filing requirements
  • General reporting method and required information
  • Reporting codes
  • Reporting scenarios

You can watch the webinar here.

Please contact your Hays Companies representative for further information. 

Compliance Webinar: Annual Review and a Look Into 2019

2018 was another eventful year for Employee Benefits and Compliance.  Presented by the Hays Benefits Research and Compliance Department, this recorded webinar is an opportunity to get ready for 2019 and ensure you are in compliance with the new laws and changes for the upcoming year.

Topics include:

  • What to do if you get a 226J Penalty letter form the IRS (hint, it has to do with employer reporting of coverage).
  • The individual mandate penalty goes to $0 next year.  What does this mean?
  • This year’s spending resolution has delayed the “Cadillac” tax once again. There are other future impacts as well.
  • AARP vs. the EEOC: the potential impact on wellness programs
  • Association Health Plans and Limited Duration Health Plans: when, what, where, why and how.
  • On the horizon: a loosening of the HSA and health FSA rules?

You can watch the webinar here.

Please contact your Hays Companies representative for further information.

Webinar: Health Savings Accounts – What You Need to Know

Health Savings Accounts (HSAs) are unique accounts that reside in employee benefits. These accounts exist merely because of health care coverage that’s offered by an employer. Employers can contribute to them, but they’re ultimately owned by the individual and are not sponsored by the overall health plan. Because of these, strange results and quirks can occur.

This 20-minute webinar, presented by Hays Companies Research and Compliance Department, covers Health Savings Accounts: What You Need to Know and will focus on FSAs, HRAs and HSAs.

Other topics this webinar will address include:

  • Who is eligible to contribute to an HSA?
  • What is a permissible and impermissible coverage?
  • How much can be contributed and when?
  • What are permissible expenses for distribution?
  • And more…

You can watch the webinar here.

If you’re interested in accessing a PDF version of the presentation, please complete the form here to download.

Please contact your Hays Companies representative for further information. 

Compliance Webinar: Wellness Plans – What You Need to Know

Healthcare costs are on the rise and with the evolving structure of wellness programs, along with the complicated wellness final regulations, it becomes a challenging task to ensure compliance. Recent legal decisions have also put the future of these final wellness regulations into question. Because of this, employers are now considering new and innovative ways to lower healthcare costs by motivating their employees to be more health-conscious.

This 45-minute webinar, presented by the Hays Benefits Research and Compliance Department, covers the most important compliance concerns for an employer sponsoring a wellness program.

Other topics this webinar will address include:

  • What is the applicable incentive limit for a given program and how is it calculated?
  • How does a wellness program appropriately incent employees, spouses and dependents?
  • Does a program need to provide a “Reasonable Alternative Standard” and what does that mean?
  • How can wellness plans be structured to ensure compliance in 2019?
  • And more…

You can watch the webinar here.

If you’re interested in accessing a PDF version of the presentation, please complete the form hereto download.

Please contact your Hays Companies representative for further information.

Hays Companies Employee Benefits Presents: Upcoming Webinars in 2018

We are pleased to announce the upcoming Hays Companies Webinar schedule for the second half of 2018. Registration information for each webinar, actual dates and complete details will be made available closer to the event.  Please reach out to your Hays Companies representative with any questions.

Topics and dates are subject to change due to unforeseen circumstances. Noteadditional webinars may be added due to legislative changes, rulings, guidance or other developments impacting employee benefits.

Interested in attending one of our webinars? Submit the form below to be notified when registration opens.

Webinar: M&A Impacts on Benefit Compliance

Corporate transitions like mergers and acquisitions are continuing at a rapid pace. When considering how these transactions and changes will impact employee benefit compliance, time is often limited.

This 3o-minute webinar, presented by the Hays Benefits Research and Compliance Department, addresses the M&A impacts on Benefits Compliance. It covers common issues that companies need to be aware of if they’re in the merger and acquisition field.

Other topics this webinar will address:

  • Integration of similar benefit offerings
  • COBRA implications
  • FSA implications
  • Employer mandate considerations
  • And more

You can watch the webinar here. 

If you’re interested in accessing a PDF version of the presentation, please complete the form here to download.

Please contact your Hays Companies representative for more information.

Cyber Insurance Webinar

Hays Companies VP and National Cyber Liability Practice Leader Dave Wasson was invited by Lathrop Gage to discuss uncommon approaches to cyber threats. This 60-minute webinar addresses the increased threat to companies being targets of data breach, insurance policies and coverage for losses and how this area has evolved in the past 10 years.

Throughout the 60-minute webinar, these cyber insurance and legal professionals covered:

·         Current risks that companies face and those predicted in the near future

·         The State of Law surrounding cyber incidents & insurance coverage around those incidents.

·         Types of policies and products that are currently available to businesses

·         Common pitfalls to avoid obtaining cyber liability insurance

Watch the webinar here – https://vimeo.com/260789216

If you have any further questions, please contact your Hays representative.

Employee Benefits and Compliance: Annual Review and Preparing for 2018

2017 was another eventful year for Employee Benefits and Compliance:

•       The House passed an ACA repeal and replace bill but the Senate failed to do so – we will discuss what this means.

•       Employers and health insurance carriers went through a second round of reporting of health care offers and coverage for 2016 – the reporting requirements are still “on the books.” What is the IRS doing about it?

•       The ACA and HSA out-of-pocket maximums for 2018 were updated – we will review these requirements and why plans need to know how these two laws interact.

•       Self-insured plans, essential health benefits (EHB) and benchmark plans are still tied to the ACA’s prohibition on lifetime and annual limits – maybe this is an area ready for a bipartisan update?

This webinar is an opportunity to get ready for 2018 and ensure you are in compliance with the laws and changes for the upcoming year.

Provided via the link below is a recorded presentation of the Hays Benefits Research and Compliance Department’s presentation Annual Review and Preparing for 2018.  Feel free to watch the recorded presentation at your convenience by clicking on the link, below. The presentation is approximately 40 minutes long.

Annual Review and Preparing for 2018