Learn what’s going on in the news with benefits, compliance, FirstPerson, and more.

Form 1095-C Update: Notice 2020-76

Last week the IRS published Notice 2020-76 announcing an extension of the impending January distribution due dates of IRS Forms 1095-B and 1095-C required under the Affordable Care Act (ACA). This relief is the same extension employers have received in previous years. What is the impact of Notice 2020-76? The

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President Issues Executive Memo Addressing Payroll Tax Relief

In a highly publicized press conference on Saturday, August 8, President Trump announced the issuance of an Executive Memorandum addressing payroll tax relief in light of the ongoing pandemic. The Memo directs the Treasury Secretary to defer employers’ withholding, deposit and payment of Social Security and Medicare taxes from qualifying

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Supreme Court Rules in Favor of LGBTQ+ Employment Practices

On June 15, 2020, the Supreme Court of the United States ruled that employers may not discriminate based on sexual orientation or gender identity in employment. This decision affects all employers with 15 or more employees. The decision was a response to three separate cases, all of which were about

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FirstPerson and Community Health Network Create New Partnership

INDIANAPOLIS, IN — FirstPerson and Community Health Network recently announced a partnership to create an innovative and modern approach to caring for caregivers. With the partnership comes the placement of Michelle Mahaffey as EVP, Chief Human Resources Officer as a member of the Executive Committee at Community Health Network. Michelle

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The PCOR Fee Filing Deadline is July 31, 2020

The Affordable Care Act (ACA) created the Patient-Centered Outcomes Research (PCOR) fee, which must be paid by group health plans. We have good news for employers with fully insured group health plans: No further action is needed unless you sponsor a Health Reimbursement Arrangement (HRA), which is considered a self-funded

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Senate Passes Payroll Protection Program Update Bill

On Wednesday, June 3, 2020, the Senate passed the much-anticipated Paycheck Protection Program Flexibility Act of 2020, which was delivered by the House on Thursday of last week. The bill will move from the Senate to President Trump. The passage of this bill comes just in time for many PPP

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IRS Announces 2021 HSA and HDHP Limits

On May 20, 2020, the IRS released Revenue Procedure 2020-32, which provides the 2021 inflation-adjusted limits for HSAs and HSA-qualifying HDHPs. According to the revenue procedure, the 2021 annual HSA contribution limit will increase to $3,600 for individuals with self-only HDHP coverage, up $50 from 2020, and to $7,200 for

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FirstPerson Adding Talent for Enterprise Employers, Welcomes Denny Darrow

INDIANAPOLIS, INDIANA – FirstPerson recently welcomed Denny Darrow as Vice President and Advisor. The addition of Darrow allows the firm to leverage his extensive experience leading people and change at large organizations to further advance the benefits and people strategies of enterprise firms.  Darrow has more than 22 years of strategic leadership experience in human resources and employee healthcare, most recently serving as Vice

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Congress Enacts the Families First Coronavirus Response Act

This news update is brought to you from our national affiliate, National Financial Partners. On Wednesday, March 18, 2020, the president signed HR 6201, the Families First Coronavirus Response Act (the FFCRA), which contains several different provisions (also called Acts), which are now law. The new law will have a

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Proposed Federal Legislation: Families First Coronavirus Response Act

This news update is brought to you from our national affiliate, National Financial Partners. On Saturday, March 14, 2020, the House passed HR 6201, the Families First Coronavirus Response Act (the FFCRA), which contains several different provisions (also called Acts). The Senate is considering the FFCRA. This means the FFCRA

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