Archive | October, 2011

Compliance Questions -MSP Mandatory Reporting

Technorati Tags: medicare secondary payor,MSP reporting,MSP November 2, 2011     If a participant in a Health Reimbursement Arrangement ("HRA") is reimbursed his or her entire allocated benefit amount for the plan year before the end of the plan year, does the "responsible reporting entity" ("RRE")  have to report such termination of coverage to the Coordination of [...]

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Final Regulations for HIPAA and HITECH?

Technorati Tags: HITECH,HIPAA,OCR From the KT Health and Welfare Team: Many of you have inquired about the status of the final HIPAA regulations under HITECH. Recently, the head of OCR announced that the final rule could be out by the end of the year, but may be pushed to early 2012. The package will include [...]

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Legislators Grill HHS Officials Over Decision Not To Implement CLASS Act.

Technorati Tags: Class,CLASS ACT,HeatlhCare,HHS,ObamaCare   The Hill (10/27, Baker) reports in its "Healthwatch" blog, "Rep. Frank Pallone (D-NJ) clashed with Health and Human Services (HHS) officials" yesterday at a joint hearing of two subcommittees over the "decision not to implement the healthcare law’s CLASS program." Pallone did not dispute the report which found financial problems [...]

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IRS 2011 Pension Limits—This Affects Highly Compensated for Non-Discrimination Testing (Flex-HRA)

Technorati Tags: Pension,Rules,Highly Compensated,flex,section 125,HRA Please click on the link for more details:  http://www.irs.gov/retirement/article/0,,id=96461,00.html A few things to note: The elective deferral limit for 401(k), 403(b) and 457(b) plans increases to $17,000 in 2012 ($16,500 in 2011).  The limitation on catch up contributions stays the same at $5,500. The maximum "annual addition" limit for a [...]

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