Top Five Issues for Multiemployer Plans and Health Care Reform

In the context of multiemployer plans, the application of various provisions of health care reform is murky.  Below are five issues that are top of mind for multiemployer plans: 1.   Pay or Play Penalty. The “pay or play” penalty applies to employers beginning in 2014.  The recent January 3, 2013 …

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Colorado Civil Union Act Impacts Health Coverage and Same-Sex Marriage Moves Forward in Minnesota

Colorado On March 12, 2013, the Colorado legislature passed the Colorado Civil Union Act and it is expected to be signed soon by Governor John Hickenlooper.  Colorado, like many other states, recognize either same-sex marriage (most recently Maine, Maryland, Washington), domestic partnerships or civil …

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Impact of New State Same-Sex Marriage Laws on State Taxation of Health Benefits

Earlier we reported that Maine, Maryland, and Washington voted to allow same-sex marriage.  Now those laws are in effect and have varying state income tax implications.  Each of these states have different state tax implications, but federal tax rules would continue to apply. Maine Maine’s election …

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Employer Notice of Health Insurance Exchanges Officially Delayed

As anticipated in our earlier post, the DOL has officially delayed the Notice of Health Insurance Exchanges.  We’ll provide more analysis of the most recent DOL FAQs in later posts, but Q1 of the 11th set of DOL health care reform FAQs states that employers are not required to provide the Notice by March 1, …

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New Guidance on Additional Wage Withholding in 2013

As you check your payroll systems for changes in 2013, there are some new withholding issues, including the additional Medicare tax.  Since our last post Additional Wage Withholding Required in 2013 about the increase in Medicare tax rate, the IRS has published guidance.  The IRS Questions and Answers for the …

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Employer Notice of Health Insurance Exchange Likely Extended

As the end of 2012 comes to an end, we look forward to 2013, and March 1 isn't far away. March 1, 2013 is currently set as the date that employers were expected to have a notice of exchanges to employees. Recent informal comments, though, suggest that the DOL will extend that deadline. The DOL is interpreting …

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