CURRENT NEWS AND
REGULATORY UPDATES

All News & Updates

Final Forms for 2018 ACA Reporting Released

October 18, 2018 – In late Sept. 2018, the Internal Revenue Services (IRS) released final 2018 forms and instructions for reporting under Internal Revenue Code…

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DOL Finalizes Rule to Expand Association Health Plans

June 28, 2018 – On June 19, 2018, the Department of Labor (DOL) released a final rule that gives small businesses more freedom to join…

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Patient-Centered Outcomes Research Institute Fees (PCORI Fees) due July 31, 2018

June 6, 2018 – This is a reminder your 2017 PCORI fee is due July 31, 2018. What is a PCORI fee? The Affordable Care Act…

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North Risk Partners merges with Midwest United in Marshall, Minn.

St. Cloud, Minn. – Effective June 1, 2018, North Risk Partners merged with Midwest United Insurance Services, a seven-person independent insurance agency located in Marshall,…

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North Risk Partners merges with Bearence Management Group, creating one of the Midwest’s largest independent insurance agencies

May 1, 2018  – Effective May 1, 2018, North Risk Partners officially merged with Bearence Management Group, another independent insurance brokerage firm with over 80 employees…

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$6,900 Re-established as 2018 HSA Contribution Limit for Certain Individuals

April 27, 2018 – The Internal Revenue Service (IRS) has re-established $6,900 as the 2018 health savings account (HSA) contribution limit for individuals with family…

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Enforcement of Electronic Logging Devices Begins April 1

Effective April 1, 2018, the Federal Motor Carrier Safety Administration, a branch of the Department of Transportation, will begin enforcement of the following if a Commercial Motor Vehicle (CMV) driver…

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Tax Reform Changes HSA Limit for Family Coverage

March 7, 2018 – In Internal Revenue Bulletin 2018-10, the Internal Revenue Service (IRS) describes changes to the limit on health savings accounts (HSAs) as prescribed…

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Holland & Frank Employee Benefits joins North Risk Partners

Central Minnesota employee benefits leader Holland & Frank joins North Risk Partners – Apollo Insurance in St. Cloud; financial services side of business remains in…

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Spending Resolution Affects ACA Taxes, Including Cadillac Tax

January 24, 2018 – On Jan. 22, 2018, President Donald Trump signed into law a short-term continuing spending resolution to end the government shutdown and…

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New Tax Law Includes Changes for Employee Benefits

January 5, 2018 – On Dec. 22, 2017, President Donald Trump signed into law the Tax Cuts and Jobs Act (Act). The Act makes significant…

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DOT Adds Opioids to Drug Testing

The DOT has recently added opioids as one of the drugs tested for in the Federal Drug Testing Program. Does this concern you? If your…

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