Blog

PFL Almost Here – Are you Ready?

It’s right around the corner now. As most of the community begins to prepare for the upcoming holiday season, we’re in full swing with open enrollment, and prepping for PFL. New York State’s Paid Family Leave (PFL) law requires private sector employers with 1 or more employees to provide PFL benefits to eligible employees starting 1/1/18. Under the law, PFL […]

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Max Employee PFL Contribution Released for 2018

Our goal is to keep you informed of important PFL updates as they’re announced… As you’re now probably aware, back in April of 2016 Governor Cuomo signed a bill requiring all employers to expand their disability offering and provide Paid Family Leave benefits to all eligible employees as part of the state’s disability insurance program. Here’s what we already […]

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What is PFL?

PFL – a new buzz word within New York State. As legislators prepare to finalize and implement the new Paid Family Leave Act, I wanted to share with you the proposed regulations as well as some additional insight on the law. Regulation Overview: On April 4, 2016 Governor Andrew Cuomo signed a bill requiring all employers to expand their […]

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Employer Mandate Penalties Delayed Until 2015

The Obama Administration has postponed the Affordable Care Act (ACA) employer mandate penalties for one year, until 2015. The Department of the Treasury announced the delay on July 2, 2013, along with a similar delay for information reporting by employers, health insurance issuers and self-funded plan sponsors.

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Effect of HRA Contributions and Wellness Program Incentives on Affordability

Beginning in 2014, the Affordable Care Act (ACA) imposes “pay or play” requirements on large employers. Under these rules, large employers that do not offer health coverage to their full-time employees and their dependents, or that offer coverage that is either unaffordable or does not provide minimum value, may be subject to a penalty. This penalty is also referred to as a “shared responsibility payment.”

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