IRS Announces Retirement Plan Limitations for 2013

The Internal Revenue Service (IRS) recently announced the annual Cost-of-Living Adjustments (COLA) for retirement plans and related limitations for the 2013 tax year. Several of the following limits have changed... Read More

November 12, 2012
2 min read

Guidance for Medical Loss Ratio (MLR) Rebates and Service Contract Act (SCA) Compliance

Government Service Administrators (GSA) is taking a proactive approach in assisting our clients in achieving compliance with the final interim rule released by the Department of Health and Human Services... Read More

October 1, 2012
7 min read

2012 Service Contract Act Health & Welfare Fringe Benefit Changes

Effective June 17, 2012, the Health & Welfare Fringe Benefit Rate issued under the McNamara-O’Hara Service Contract Act (SCA) increased to $3.71 per hour, as posted on the Wage Determinations... Read More

July 11, 2012
3 min read

Health Plans Must Pay Patient-Centered Outcomes Research Fees Beginning Plan Year 2012

Health insurance carriers and sponsors of self-funded group health plans will soon be subject to an annual patient-centered research fee, according to Section 6301 of the Patient Protection and Affordable... Read More

May 10, 2012
6 min read

Medical Loss Ratio (MLR) Rebates

A key provision of the Patient Protection and Affordable Care Act (PPACA) stipulates that insurance carriers must spend a cetain percentage – 85% on large groups and 80% on small... Read More

April 30, 2012
3 min read

W-2 Health Care Cost of Coverage Reporting Requirements

Beginning in tax year 2012 – and reportable on W-2s issued in early 2013 – employers will be required to provide their employees with the total cost of their group... Read More

April 12, 2012
5 min read

New $2,500 Limit on FSA Contributions Beginning 2013

Under the Patient Protection and Affordable Care Act (PPACA), health care Flexible Spending Accounts (FSAs) will have a newly-imposed $2,500 maximum contribution limit effective January 1, 2013. Maximum contribution limits... Read More

April 4, 2012
3 min read
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