12 May 2022

Know The New No-Fault Priority Rules And Beware of Coverage Gaps

On June 11, 2019, the Michigan Legislature made sweeping changes to the no-fault act.  One of those changes is the order of payment priority for patients injured in motor vehicle accidents as motor vehicle occupants or pedestrians. Under the old law, no-fault insurers would pay medical providers in the following order of priority: the injured […]

02 May 2022

New HSA/HDHP Limits for 2023

The IRS has announced the inflation-adjusted limits for health savings accounts and high deductible health plans for 2023.  The annual contribution limits, HDHP minimum deductibles, and HDHP maximum out-of-pocket limits will be increasing.  The additional annual catch-up contribution limit (for account holders age 55 and older) will remain the same.  Below is a summary: If […]

12 April 2022

Lessons Learned from Smaldino v. Commissioner: Give Yourself Time to Plan

A recent tax court case, Smaldino v. Commissioner, T.C. Memo. 2021-127, serves as a stern reminder that wealth transfers can’t be by document only—a transaction is much more vulnerable to attack and to be characterized resulting in additional tax when it lacks economic substance. Federal Estate and Gift Tax Basics: Federal estate and gift taxes […]

16 March 2022

MIOSHA Indicates That It Does Not Intend to Adopt Federal OSHA’s COVID-19 Focused Inspection Initiative for Hospitals and Other Healthcare Facilities

On March 7, 2022, federal OSHA announced its plans for a focused, short term (from March 9, 2022 to June 9, 2022) COVID-19 inspection initiative directed at hospitals and other healthcare facilities.  This initiative was the focus of Miller Johnson’s March 10, 2022 Client Alert, in which hospitals and other healthcare facilities were advised to […]

15 March 2022

Government Funding Bill Extends Honeymoon for HDHPs and Telemedicine

Introduction As employer-sponsors of high deductible health plans (“HDHP”) are aware—and as further explained below—offering a telemedicine benefit in conjunction with an HDHP is problematic because, unless structured properly, the telemedicine benefit may jeopardize the HSA eligibility of participants in the HDHP. Under the CARES Act, the federal government offered temporary relief to this problem […]

11 March 2022

New Illinois State Law Imposes Disclosure Requirements on Group Health Plans

On August 27, 2021, Illinois passed the Consumer Coverage Disclosure Act (“CCDA”), which became effective immediately.  The CCDA requires employers that sponsor group health plans with employees in Illinois to disclose a comparison of the plan’s coverage to certain “Essential Health Benefits” required by Illinois state law.  Specifically, the law requires employers to disclose the […]

10 March 2022

OSHA Announces COVID-19 Focused Inspection Initiative in Hospitals and Other Healthcare Facilities

***The information in the client alert below has been updated.  Please visit https://millerjohnson.com/publication/miosha-indicates-that-it-does-not-intend-to-adopt-federal-oshas-covid-19-focused-inspection-initiative-for-hospitals-and-other-healthcare-facilities/ for the most current  client alert on this subject.*** On March 7, 2022, OSHA announced its plans for a focused, short-term inspection initiative directed at hospitals and other healthcare facilities that treat or handle COVID-19 patients. With this initiative, both federal OSHA and […]

10 March 2022

Reminder: OFCCP Registration (Not Yet Certification) Is Open

As previously reported, in August 2021, the Office of Management and Budget (OMB) approved the Office of Federal Contract Compliance Programs’ (OFCCP) information collection request for an Affirmative Action Program Verification Interface through a new online portal. The portal is a new OFCCP platform where covered supply and service federal contractors and subcontractors must certify […]

01 March 2022

Are GRATs Still Foolproof? The Importance of a Timely and Accurate Appraisal

Estate planners routinely use “grantor trusts,” which are trusts fitting into criteria set out in the Internal Revenue Code (Code) to minimize federal transfer taxes.  A grantor trust is disregarded as a separate entity for federal income tax purposes, so the grantor pays all income tax generated by the trust.  The trust is drafted, however, […]