Compliance News & Updates: February 18 , 2025 Issue

In our recent In Compliance Newsletter, we feature articles highlighting recent legislative changes and regulatory guidance for employer-sponsored benefit plans. Stay up-to-date on the always changing state of employee benefits compliance. Sign up for our Bi-Weekly In-Compliance Newsletter.

Common Health Plan Compliance Mistakes to Avoid

Employers that sponsor group health plans are subject to many different compliance requirements under federal law. Keeping track of these various requirements can be challenging, even for the most attentive employers. Mistakes can easily occur, which may trigger penalties, excise taxes, enforcement action or lawsuits, depending on the type of mistake. To help avoid these potential consequences, employers should regularly review their compliance with employee benefits laws and implement strategies to address any compliance gaps.. Read more>>

Medicare Part D Disclosures due by March 1, 2025 for Calendar Year Plans

Group health plan sponsors are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS) on an annual basis and at other select times, indicating whether the plan’s prescription drug coverage is creditable or non-creditable. This disclosure requirement applies when an employer-sponsored group health plan provides prescription drug coverage to individuals who are eligible for coverage under Medicare Part D. ​​​​​Read more >>

Tips for Preventing Common ACA Reporting Mistakes

Employers often find the Affordable Care Act’s (ACA) reporting process to be complex and challenging to navigate. Even though the requirements have been in place for nearly a decade, the process remains intricate and can be difficult even for the most experienced employers. It’s crucial for employers to steer clear of common mistakes to ensure compliance and prevent costly penalties. Read more >>

Benefits and HR State Updates

Deadline for California 2024 Pay Data Reporting Is May 14, 2025

Employers with 100 or more employees and/or 100 or more workers hired through labor contractors, in each case at least one of whom is in California, must file annual workforce pay data reports with the state Civil Rights Department (CRD). 2024 pay data reports are due on Wednesday, May 14, 2025, and the portal for submitting 2024 reports opened on Feb. 3, 2025. Read more>>