IRS Extends Deadline for Furnishing Form 1095-C, Extends Good-Faith Transition Relief

December 2, 2019

The Internal Revenue Service (IRS) has released Notice 2019-63, which extends the deadline for furnishing 2019 Forms 1095-B and 1095-C to individuals from January 31, 2020 to March 2, 2020. The... Read more »

What Employers Need to Know About the New Transparency Rules

November 22, 2019

Proposed Transparency Rule Released Following President Trump’s Executive Order on Improving Price and Transparency in American Healthcare, one final and one proposed rule was released by... Read more »

IRS Releases Draft 2019 ACA Reporting Forms and Instructions

November 14, 2019

The IRS has released draft forms and instructions for the 2019 B-Series and C-Series reporting forms (Forms 1094-B, 1095-B, 1094-C and 1095-C) used by employers and coverage providers to report... Read more »

Health FSA Contribution Limit Increases to $2,750 for 2020 Plan Years

November 7, 2019

IRS Increases Health FSA Contribution Limit for 2020, Adjusts Other Benefit Limits On November 6, 2019, the Internal Revenue Service (IRS) released Revenue Procedure 2019-44, which raises the... Read more »

Massachusetts Employers Must File HIRD Form by December 15

November 5, 2019

As part of Massachusetts’ expanded Employer Medical Assistance Contribution (EMAC) program, employers with 6 or more employees in Massachusetts must submit a health insurance responsibility... Read more »

DOL Issues New Salary Limits for Overtime Exemptions

September 25, 2019

On Sept. 24, 2019, the U.S. Department of Labor (DOL) announced a new final rule that updates the salary thresholds that some individuals must meet in order to qualify for a minimum wage and... Read more »

BSNENY HealthyLife Rewards Ending October 31, 2019

September 23, 2019

HealthyLife Rewards, a program included with your BSNENY health plan, is ending on October 31, 2019. The program administrator, NutriSavings, is closing its operations. BSNENY is... Read more »

Can we let an employee change their benefits outside the 30 day window?

September 13, 2019

An employee experienced a qualifying life change but did not notify us until the day after the required 30-day notification period had passed. Can we still allow this employee to make a change to... Read more »

Expect Great Service from Great People

September 13, 2019

You can expect great service from great people who are committed to customer experience and exceptional performance when you work with Austin & Co., inc. We are pleased to share that Austin... Read more »

Shop Around for Health Care

September 12, 2019

If you’re buying a pair of headphones or a TV, you probably search to find the retailer with the lowest price so you know where to go to get the best deal. Price comparison shopping is... Read more »