Stay up-to-date with the current OSHA Recording guidelines required for posting from 2/1/2013 to 4/30/2013

The Affordable Care Act (ACA) established three risk-spreading programs to provide payments to health insurance issuers that cover higher-risk populations and to more evenly spread the financial risk carried by issuers. These programs, which will be effective in 2014, are a transitional reinsurance program, a temporary risk corridor program and a permanent risk adjustment program.

Election to Have Significant Impact on Agent Issues

What are the consequences for health care, taxes and insurance regulation?

The 2012 elections have come and gone, and while there will be many new faces in the 113th Congress next year, there is no shift in the balance of power between the two parties in either the White House or Congress.

With the Supreme Court upholding the Affordable Care Act, is your business prepared for healthcare reform?

CFR can help you navigate and implement the changes.

 

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The Occupational Health and Safety Administration (OSHA) has released the annual list of their top 10 most cited violations. The following were the top 10 most frequently cited standards in fiscal year 2011 (Oct 1, 2010 through Sept 30, 2011):

On Feb. 9, 2012, the Departments of Health and Human Services, Labor and Treasury (Departments) released much-anticipated final guidance on the requirement for health plans and health insurance issuers to provide a summary of benefits and coverageto applicants and enrollees.

 

The IRS has issued Notice 2012-9, providing updated and new guidance on the reporting of employer-provided health plan coverage on Forms W-2, as required by the health reform law ("PPACA"). The new notice supersedes the March 2011 Notice 2011-28 (see Client Action Bulletin 11-03) and applies to taxable years beginning in 2012 (i.e., the W-2s employers generally furnish to employees by the end of January 2013).

On December 27, 2011, the Department of Transportation's (DOT) Federal Motor Carrier Safety Administration (FMCSA) published The Hours of Service of Drivers Final Rule, which revises the hours-of-service (HOS) safety requirements for commercial truck drivers.

 

There is no one set definition of an independent contractor in the United States. State and federal regulations that determine whether someone is an independent contractor or an employee are different, and each state tends to have their own unique criteria. Misclassifying a worker can bring strict penalties and the Internal Revenue Service (IRS) has increased their audits on companies suspected of misusing the contractor title.

On May 19, 2011, The Department of Health and Human Services (HHS) issued a final regulation aimed at controlling large health insurance premium increases.