Skip to main content

December 2024 Newsletter

Wednesday, December 04, 2024

Employee Wellness 

Provide your employees with the latest wellness newsletter with the December editio

n of Live Well, Work Well

Educate employees about their benefits with the December Benefits & Me Newsletter

Final Forms for 2024 ACA Reporting Available

The IRS has released the final 2024 forms and instructions for reporting under Internal Revenue Code Sections 6055 and 6056. Please click here to learn more and download the forms. 

If you have questions about ACA Reporting for 2024, please join our upcoming webinars with Senior Vice President of Compliance Corbin Granger. Fully insured employers are not required to report and do not need to attend these webinars. 

Medicare News

Drug Prices Negotiated by Medicare Still Higher Than Other Countries

Understanding the Medicare Shared Savings Program

American Seniors Struggle to Pay Medical Bills More Than Peers in Other Wealthy Countries

Easily Track Unemployment Claims

The Towne Benefits HR and Compliance Team periodically receives questions from our employer clients about unemployment claims made by their former employees. A recent example: “How will we be notified that someone has made an unemployment claim?”

Until recently, mail and telephone have been the common, but not always efficient, means of communication. But did you know that both Virginia and North Carolina have unemployment portals for employers that enable you to log in and see who has filed a claim, monitor claim status, and a wealth of other information?

Virginia: State Information Data Exchange Systems (SIDES) 

North Carolina: NCSUITS 

HR and Compliance Insights

December 2024 HR Brief

PCORI Fee Amount Adjusted for 2025

2025 Health Plan Compliance Deadlines

Key Drivers of 2025 Health Care Cost Increases