E-Alerts

Sign up to receive regular informational email updates on matters within the Firm’s scope of practice. In addition, Smith & Downey will send you information on its upcoming seminars to help you and your team stay on top of emerging changes and trends in the areas of employee benefits, executive compensation and employment law, and related litigation.


201503.17
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May 7, 2015 Clients and Friends Seminar

in Events

As we’ve previously announced, we’re looking forward to our next annual Clients and Friends Seminar, to be held at the BWI Marriott, on May 7, 2015, from 8 a.m. until noon.  Listed below are some of the topics we plan to cover at the seminar, and new topics are being added every day.   A…

201502.20
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IRS Guidance on Health Premium Reimbursement/Payment Plans

As we have previously reported, and discussed at our Seminars, the IRS has issued a series of pronouncements concluding that the reimbursement by employers of employee-paid health premiums, or the direct payment by employers of premiums for individual health policies for employees, violates the Affordable Care Act (regardless of whether these reimbursement or direct payments…

201501.11
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2015 Clients & Friends Seminar

in Events

Our next annual clients and friends seminar will be held at the BWI Marriott, on Thursday May 7, 2015, from 8 a.m. until noon. As always, we’ll cover recent developments in the retirement plan, health and welfare plan, executive compensation, and labor and employment areas, with our usual emphasis on practical tips for employers. As…

201411.25
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Health Plan Opt-outs and ACA Affordability – URGENT MATTER FOR HEALTH PLANS WITH A JANUARY 1, 2015 EMPLOYER MANDATE EFFECTIVE DATE

On Friday, the regulators issued new regulations that have been interpreted to provide that amounts paid by employers to employees who opt-out of the employer’s health plan must be treated as additional employee contributions for purposes of the affordability component of the ACA’s employer mandate rules. This position is a radical departure from conventional notions…

201411.11
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Regulators’ Comments on High Claimant Opt-Out Features

In the latest installment of their largely unprecedented flurry of guidance under the Affordable Care Act, late last week the regulators published their thoughts on the practice — currently being contemplated (or implemented) by some employers — of providing opt-out bonuses to high claim health plan participants. In very general terms, these employers are approaching…

201411.11
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Guidance on “Skinny Plans” Concept

Unfortunately, the federal government is scrambling around at the last minute to provide “guidance” for next year on a statute that was enacted in 2010.  Please excuse the third e-alert of the last week, but we feel compelled to alert you about yet another eleventh-hour “development.” Specifically, on November 4, the regulators issued Notice 2014-69,…

201411.03
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HPID Number Filing Deadline Delayed

As we reported on October 27, under rules related to the HIPAA electronic transaction regulations, employer-sponsored health plans, whether insured or self-funded, are required to acquire from the CMS so-called “Health Plan Identification Numbers” (or “HPIDs”).  For insured plans, the insurance carrier must obtain the HPID.  For self-funded plans, the plan sponsor must obtain the…

201410.27
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Health Plan Identification Number Filing Deadline – November 5

Under rules related to the HIPAA electronic transaction regulations, employer-sponsored health plans, whether insured or self-funded, are required to acquire from the CMS so-called “Health Plan Identification Numbers” (or “HPIDs”). For insured plans, the insurance carrier must obtain the HPID, so sponsors of insured plans are not required to do anything at this point. For…

201405.08
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Clients and Friends Seminar

in Events

CLIENTS & FRIENDS SEMINAR – MAY 1, 2014 Note that this Outline is only a very general discussion of some issues in the law, and is not intended as legal advice for any particular situation. Download full outline here.

201403.18
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Upcoming Seminar

in Events

We appreciate the interest in our next annual clients and friends seminar to be held at the BWI Marriott, on May 1, 2014, from 8 a.m. until noon. Listed below are some of the topics we plan to cover at the seminar. A limited number of spaces are still available. Please contact Alison Christian at 410-321-…