Senators Introduce Bill to Stop Tobacco Smuggling, Increase Federal Tobacco Tax

U.S. Senators Frank Lautenberg (D-NJ), Richard Durbin (D-IL), Tom Harkin (D-IA), and Richard Blumenthal (D-CT) have introduced the Tobacco Tax and Enforcement Reform Act, legislation that would reduce illegal tobacco trafficking, eliminate tax disparities between different tobacco products, and increase the federal excise tax rate on tobacco products. According to a press release, the bill…

Government Issues Finalized Wellness Rules

As part of Obamacare, the U.S. Department of Health and Human Services released its guidelines for employment-based wellness programs.  WASHINGTON – The U.S. Department of Health and Human Services issued final rules on employment-based wellness programs. The final regulations support workplace health promotion and prevention as a means to reduce the burden of chronic illness,…

Roughly 20% of Retailers Will Slash Hours Ahead of Health-Care Law

Other businesses plan to increase worker contributions to health care or halt employer-subsidies of dependents. WASHINGTON – Approximately 20% of retailers will reduce worker hours before the Affordable Care Act is fully implemented next year, according to a just-released survey by Mercer, Congressional Quarterly reports. Around 28% of employers will increase the amount of employee…

Treasury Announces Transition Period for Employer Penalties, Information Reporting Requirements Under Health Care Law

July 2, 2013 Washington Counsel Ernst & Young The Department of the Treasury announced on July 2, 2013 in a blog post that employer shared responsibility payments under the Affordable Care Act (ACA) will not apply until 2015 and that information reporting by employers and health insurers will not be mandatory until 2015. The blog post…