Kelli Kolsrud, CEBS, Author at Word on Benefits

Plan Sponsors Providing More Benefit Options Thanks to CARES Act Provisions

Kelli Kolsrud, CEBS

14 May 202009 Jul 2020

Business closures and curtailments due to the coronavirus pandemic have left many organizations and individuals struggling financially. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted on March 27, 2020 with the goal of providing quick financial relief to citizens […]

Compliance Coronavirus (COVID-19) Employee Benefits Multiemployer

Multiemployer Considerations in the Time of COVID-19

Kelli Kolsrud, CEBS

06 Apr 202006 Apr 2020

All benefit plan sponsors are facing economic and coverage challenges during this coronavirus crisis, and multiemployer trustees are no exception. In a recent webcast, Paul Catenacci, an attorney with the law firm of Novara Tesija & Catenacci, reviewed several issues on the […]

Compliance Coronavirus (COVID-19) Defined Benefit (DB) Plans Defined Contribution (DC) Plans Employee Benefits Health Care

More COVID-19 Relief via the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

Kelli Kolsrud, CEBS

30 Mar 202013 Apr 2020

The third law aimed at providing relief to those affected by the coronavirus was signed into law on March 27, 2020. The $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES Act) offers a wide variety of assistance to businesses and […]

Coronavirus (COVID-19) Employee Benefits FMLA Legislative Paid Leave

Law Enacted to Enable Free Coronavirus Testing and Expand Paid Leave: Families First Coronavirus Response Act

Kelli Kolsrud, CEBS

19 Mar 202029 Mar 2020

In an effort to slow the progression of the coronavirus (COVID-19) in the United States and mitigate its economic impact, on Wednesday, March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act (FFCRA). What’s in the Families First […]

Employee Benefits Health Care

Thought the ACA Individual Mandate Was History? Think Again!

Kelli Kolsrud, CEBS

26 Jul 201812 Dec 2019

It was big Affordable Care Act (ACA) news at the end of 2017 when the newly enacted tax reform law included a provision to drop the individual mandate penalty to zero dollars starting in 2019. Although it wasn’t technically a repeal of […]

Affordable Care Act (ACA) Employee Benefits Health Care Legislative

ACA: Still the Law, But Under Attack

Kelli Kolsrud, CEBS

13 Apr 2017

The Affordable Care Act (ACA), enacted in 2010, has been challenged and “under attack” since its inception. Since Republicans assumed control of Congress and the White House in January of this year, the attack has intensified. Predictions of a quick repeal of […]

Affordable Care Act (ACA) Employee Benefits

Early Holiday Gift: Another ACA 1095 Reporting Deadline Delay

Kelli Kolsrud, CEBS

29 Nov 201624 Jan 2017

Last December, the IRS gave employers a “holiday gift” in the form of a deadline delay for Affordable Care Act (ACA) reporting. This year the IRS has presented a similar gift a month earlier. However, the IRS isn’t being quite as generous […]

Affordable Care Act (ACA) Employee Benefits Health Care HIPAA Regulatory Wellness

More Threads to Weave Into the Wellness Incentive Compliance Tapestry

Kelli Kolsrud, CEBS

18 Aug 2016

To the average worker, the process of offering a few incentives to participate in a wellness program would appear to be a simple one. As those of us working in the employee benefits industry know, appearances can be deceiving. The administration of […]

Human Resources (HR) Regulatory

Time for Action—New Rules on Overtime Finalized

Kelli Kolsrud, CEBS

19 May 201607 Jul 2017

Updated April 20, 2017: The status of the overtime rules described in the blog post below is uncertain. Various legal actions and the changes in Congressional and presidential leadership have put the implementation of the rules on hold. On November 22, 2016, […]

Affordable Care Act (ACA) Employee Benefits Health Care Regulatory

Final SBC Guidance—The Sequel to the Sequel

Kelli Kolsrud, CEBS

20 Apr 201620 Apr 2016

Wow! That was fast! Less than a month ago, on March 28, 2016, to be exact, federal agencies closed the comment period for the proposed revision of the Summary of Benefits and Coverage (SBC) template and its related documents. On April 6, […]