Businessolver Blog

Compliance 2020 – What HR Pros Need To Know

Compliance 2020 – What HR Pros Need To Know
Posted on Monday, December 2, 2019 by Bruce Gillis

As 2019 draws to a close, we naturally turn our attention to next year and what it will have in store for us.

In the employee benefits industry, there have been a lot of developments and activity that are sure to keep us busy throughout 2020.

Join Ben Conley and me for a preview of several of the hot-button items that employers should be keeping an eye on in the upcoming year. We’re focusing on those items that employers may want or need to act on in 2020—specific to their group health plans.

Individual Coverage Health Reimbursement Arrangements (HRAs) – no offense to the also recently introduced Excepted Benefit HRA, but the Individual Coverage HRA is garnering all the attention. We all  know employers are looking for ways to entice or retain employees in this tough labor market, and work within a fixed budget, and the IRS announces the Individual Coverage HRA. Learn what it is and how employers have been looking to utilize it.

State individual mandates are another item that have employers talking. With the Affordable Care Act individual mandate penalty reduced to zero, several states are beginning to introduce penalties for people without coverage. We will discuss the current states involved, what this means to your workforce, your COBRA populations and your reporting requirements. With new state reporting requirements for 2019 due in early 2020, this will be an important discussion.

Surprise medical billing – we will discuss what it is, how it impacts employers and employees and what Congress is looking to do about it. And we will dig into the political and election activity impacting group health benefits, as well as other topics such as COBRA Notice lawsuits and other items critical to employers seeking to avoid potentially expensive penalties.

Join us on December 10, 2019, for a short talk about key issues employers should be watching out for— and what we’re currently hearing from other employers on the topics. Register below.


Avatar photo
Bruce Gillis Head of Compliance View All Posts