This Just In: Broker Update from the VA Exchange
The Virginia Exchange concluded Open Enrollment with over 400,000 plan selections.
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Final Rule Significantly Expands IRS Electronic Filing Requirement
Beginning in 2024, employers that file at least 10 returns during the calendar year must file electronically. Reporting entities must aggregate most information on returns, such as Forms W-2 and 1099, to determine if they meet the 10-return threshold for mandatory electronic filing. The forms must be provided to covered individuals by March 1, 2024. The due date for filing the forms electronically is April 1, 2024.
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Introducing WiseChoice Healthcare Alliance, Virginia’s First MEWA
WiseChoice offers your clients an alternative to Affordable Care Act (ACA) plans. These medically underwritten plans offer hassle-free access to quality care and lower costs. It’s an important step in expanding access to better health coverage for small businesses, which account for over 90% of employers in the state.
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12-Week STD Maternity Benefit in Virginia
While a short-term disability (STD) policy may offer a 12-week maternity benefit, not all carriers “automatically” pay 12 weeks. Please make sure you understand how the carrier’s contract is written.
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Upcoming Events
Metlife is hosting a Continuing Education webinar about Paid Family Medical Leave (PFML) on Thursday, February 22 at 11 AM. You'll learn:
- The common elements of PFML
- Differences across state programs
- Emerging trends