MJ Insight

Explore MJ Insight, where we cover trending topics, provide industry insights, and keep you up-to-date on the latest compliance regulations.

Benefits+
Benefits+ | Compliance

ACA Information Reporting Penalties Increased for Returns Filed in 2025

IRS Revenue Procedure 2023-34 includes updated penalty amounts that may apply to reporting entities that fail to comply with the Affordable Care Act’s (ACA) requirements under Internal Revenue Code Sections 6055 and 6056. The increased amounts apply to 2024 information (…)

There’s more to Read
Benefits+
PUBLISHED April 26th, 2024

ACA Information Reporting Penalties Increased for Returns Filed in 2025

Ann Poland

IRS Revenue Procedure 2023-34 includes updated penalty amounts that may apply to reporting entities that fail to comply with the Affordable Care Act’s (ACA) …

Read More
Benefits+
PUBLISHED April 19th, 2024

EEOC Releases Final Rule Implementing Pregnant Workers Fairness Act

Ann Poland

On April 15, 2024, the U.S. Equal Employment Opportunity Commission (EEOC) released a final rule to implement the Pregnant Workers Fairness Act (PWFA). The …

Read More
Benefits+
PUBLISHED April 16th, 2024

CMS Preserves Creditable Coverage Simplified Determination Method in Final Part D Instructions for 2025

Ann Poland

On April 1, 2024, the Centers for Medicare and Medicaid Services (CMS) issued Final Part D Redesign Program Instructions for calendar year 2025. The …

Read More
Benefits+
PUBLISHED March 26th, 2024

Disconnected – Facing Brain Drain Head-On

Doug Prince

Imagine if 39.6% of your current workforce came to you and said that they wanted to retire in the next 3-7 years. What would …

Read More
Benefits+
PUBLISHED March 19th, 2024

THE GROWING IMPORTANCE OF PAID LEAVE PROGRAMS

Courtney Hutchison

There has been a significant shift in how employers view paid leave programs in recent years. Once considered merely an employee benefit, paid leave …

Read More
Benefits+
PUBLISHED February 23rd, 2024

IRS Releases ACA Pay-or-Play Penalties for 2025

Ann Poland

On Feb. 12, 2024, the IRS released updated penalty amounts for 2025 related to the employer shared responsibility (pay-or-play) rules under the Affordable Care …

Read More
Benefits+
PUBLISHED February 20th, 2024

Health Plans Must Expand Price Comparison Transparency Tool for 2024

Ann Poland

Beginning in 2024, group health plans and health insurance issuers must expand the internet-based price comparison tool they make available to participants, beneficiaries and …

Read More
Benefits+
PUBLISHED February 9th, 2024

State Laws Restricting COVID-19 Vaccine Passports and Mandates

Ann Poland

Since COVID-19 vaccines first became available, several states have enacted laws that restrict or ban certain entities from mandating them or requiring proof that …

Read More
Benefits+
PUBLISHED January 30th, 2024

Navigating Total Rewards Budget Approval

Julie Bingham

Proactive planning is the key to unlocking the full potential of the total rewards budgetary approval process. The art and science behind strategic planning …

Read More
Benefits+
PUBLISHED January 12th, 2024

ACA Reporting Deadlines and Penalties Cheat Sheet

Ann Poland

Employers subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 should prepare to comply with reporting deadlines in …

Read More
Benefits+
PUBLISHED January 11th, 2024

Medicare Part D Creditable Coverage Disclosure to CMS

Ann Poland

Background Each year, plan sponsors must disclose to the Centers for Medicare and Medicaid Services (CMS) the group health plan’s creditable coverage status for …

Read More
Benefits+
PUBLISHED December 29th, 2023

UPCOMING ACA REPORTING DEADLINES

Ann Poland

Employers subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 should prepare to comply with reporting deadlines in …

Read More

Contact Us

We want to hear from you. Please visit us in Indianapolis, Phoenix, or Denver—or fill out our contact form.

Contact Us