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2021 HSA and FSA Limits

October 28, 2020

The IRS has released both the Health Savings Account (HSA) limits and the Flexible Spending Account (FSA) limits for 2021.  These were distributed in Revenue procedures 2020-32 and 2020-45, respectively. ...

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NYS Sick Leave Law Reminder

September 02, 2020

News outlets throughout New York State have been reporting on the implementation of the Paid Sick Leave law that was created in a three-way agreement with the Governor and New...

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NYS Paid Family Leave Rate Increase

September 02, 2020

The New York State Department of Financial Services has released the 2021 Paid Family Leave premium amount, which is more than double last year’s rate. Moreover, the rate is now...

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NYS Reduces Premium Rate Requests for 2021

August 28, 2020

The New York State Department of Financial Services (DFS) recently posted a press release, “DFS ANNOUNCES 2021 HEALTH INSURANCE PREMIUM RATES, PROTECTING CONSUMERS DURING COVID-19 PANDEMIC,” in which it makes...

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Pandemic Sick Leave Pay

July 08, 2020

The steady increase in COVID-19 infection in many states prompted Governor Cuomo to mandate quarantine for individuals who have visited and returned from those states. Employers are encouraged to understand...

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The Lasting Effects of COVID-19

July 01, 2020

What does the Magic 8-Ball say? “Cannot Predict Now” Once we get past the COVID-19 pandemic medical claims and projections for the coming years are not going to be easy...

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2021 Health Insurance Rate Filing Notices

June 12, 2020

Health Insurance companies in New York State have filed their requested rate increase for 2021. Employers with fewer than 100 employees (Community Rated) will be receiving notices of the requested...

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PCORI Tax Reminder

May 27, 2020

The Patient-Centered Outcomes Research Institute (PCORI) tax is a fee imposed by the Affordable Care Act (ACA) on issuers and plan sponsors of individual and group health plans. Health Reimbursement...

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Return to Work Checklist

May 19, 2020

Opening a workplace as we phase out of a quarantine situation is something no one has experienced. Official procedures may be hard to follow but preparing a safe environment for...

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