Congress recently enacted the most sweeping revision of the nation’s employer-provided health care system in 50 years. The new law will work dramatic changes on the way in which employers provide health care coverage for employees and necessitate major changes to existing plans and policies. Some of the new mandates and taxes take effect immediately, while others are implemented over the next several years. This two-part program will provide you with a practical guide to the new health care system, its new mandates and taxes, how they substantially alter current plans and practices, and provide you with real-world advice about how to adapt the old to the new.
Day 1 – April 29, 2010:
• Overview of major components of health care reform and their impact on employers
• Timelines for implementation of new mandates
• Tax credit for small employers
• Effect of the new law on existing "grandfathered plans"
• New non-discrimination requirements
• SIMPLE cafeteria plans
• Ban pre-existing conditions
• Annual and lifetime limits
Day 2 – April 30, 2010:
• Review of major penalties under the new health law
• New Medicare tax rules for employers
• Medicare Part D changes
• New excise tax on “Cadillac” health plans
• Changes in flex-plan contributions
• Vouchers, health exchanges and new notice requirements
• Advice on planning for the new enrollment year
Alson R. Martin is a partner in the Overland Park, Kansas office of Lathrop and Gage, LLP, where he has a national practice focusing on business law, taxation, health care, and retirement plans. He is a Fellow of the American College of Tax Counsel and the American College of Employee Benefits Counsel. Mr. Martin is the author of "Limited Liability Companies and Partnerships" and the co-author of "Kansas Corporation Law & Practice (Including Tax Aspects)." He is the president and a director of the Small Business Council of America. Mr. Martin received his B.A., with highest distinction, from the University of Kansas, and his J.D. and LL.M. from New York University School of Law.
David B. Joffe is a partner in the Nashville office of Bradley Arant Boult Cummings, LLP, where he heads the firm’s employee benefits and executive compensation practice. He has extensive experience advising clients on the design, implementation and administration of qualified and nonqualified benefit plans. He is a member of the Employee Benefits Subcommittee of the ABA’s Tax Section and the EEO and Employee Benefits Committee of the ABA’s Labor and Employment Law Section. Mr. Joffe received his B.A., summa cum laude, from Trinity University, a diploma from the London Institute of International Law, and his J.D., with high honors, form the University of Texas School of Law.
Andrew Elbon is a partner in the Nashville office of Bradley Arant Boult Cummings, LLP, where he practices in the areas of employee benefits and executive compensation. He focuses on the design and administration of employee pension and welfare benefit plans and has significant experience in drafting both qualified and nonqualified retirement plans, including the submission of qualified plans to the IRS for the issuance of favorable determination letters. Mr. Elbon received his B.A. and M.A. from the University of Kentucky, his Ph.D from the University of Michigan and his J.D. from the University of Kentucky College of Law.