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A New Normal? Omnibus Bill Extends High Deductible Health Plan Telehealth Safe Harbor

Proskauer's Employee Benefits & Executive Compensa

The Consolidated Appropriations Act of 2023 (“CAA 2023”), signed into law on December 29, introduced sweeping reforms to the employee benefits landscape. Any amounts contributed while a participant is ineligible must be included in the participant’s taxable income and are subject to an additional 10% excise tax.