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BRCC / Baldwin Bulletin – June 2025

COMPLIANCE NEWSLETTER – June 2025

Baldwin Bulletin

BALDWIN REGULATORY COMPLIANCE COLLABORATIVE

Welcome to the June 2025 Issue

The Baldwin Bulletin serves as a monthly guide to important regulatory developments, legal news, and employee benefits-related industry happenings designed to keep you abreast of the latest developments.

This month’s issue focuses on important upcoming compliance deadlines and includes our timeline of upcoming compliance requirements, in addition to providing information regarding certain hot-button compliance issues significantly impacting employers.

Upcoming Compliance Deadlines

For information regarding upcoming compliance deadlines for employer-sponsored group health plans.

Form 5500 Deadline is July 31, 2025, for Calendar Year Plans

Employers sponsoring ERISA-covered benefit plans must file Form 5500 annually with the Department of Labor to report key details about plan sponsorship, administration, and financials, unless an exemption applies.

IRS Releases 2026 Inflation-Adjusted Amounts for HSAs, HDHPs and EBHRAs

The IRS released Revenue Procedure 2025-19 on May 1, 2025, announcing the inflation-adjusted limits for HSAs, HDHPs, and EBHRAs for plan years beginning on or after January 1, 2026.

The Department of Labor Issues Guidance on Independent Contractor Misclassification

The U.S. Department of Labor (“DOL”) released clarifying guidance related to the determination of employee versus independent contractor status, pursuant to the requirements of the Fair Labor Standards Act (“FLSA”).

Health and Human Services Office for Civil Rights (OCR) Reaches Settlement for Potential HIPAA Violations

The Department of Health and Human Services’ Office for Civil Rights reached a settlement with a HIPAA-covered entity following a phishing attack that compromised the email accounts of 45 employees.

ACA Section 1557 Rulemaking Notice of Non-enforcement

The Department of Health and Human Services (“HHS”) announced on May 13, 2025, that it will not enforce certain provisions of the Final Rules issued in 2024 under Section 1557 of the Affordable Care Act and Title IX, effective immediately.

Mental Health Parity and Addiction Equity Act 2024 Final Rule Non-enforcement Policy

The Mental Health Parity and Addiction Equity Act (“MHPAEA”) requires that mental health and substance use disorder (“MH/SUD”) benefits be covered on a comparable basis relative to medical/surgical (“M/S”) benefits.

Frequently Asked Question (“FAQ”) of the Month

Determining whether an employer has “endorsed” a voluntary benefit plan is critical under ERISA, as endorsement can trigger multiple, significant compliance obligations.

FEATURED COMPLIANCE INSIGHTS

Training and Webcast Calendars

Stay on top of everything and never miss out with our comprehensive calendars guiding you every step of the way

2025 HIPAA Complete Training Calendar

2025 Baldwin Professional Education Connection Educational Webcast Calendar

This newsletter is intended for general information purposes only and should not be construed as advice or opinions on any specific facts or circumstances. The content of this newsletter is made available on an “as is” basis, without warranty of any kind. The Baldwin Insurance Group Holdings, LLC (“The Baldwin Group”), its affiliates, and subsidiaries do not guarantee that this information is, or can be relied on for, compliance with any law or regulation, assurance against preventable losses, or freedom from legal liability. This publication is not intended to be legal, underwriting, or any other type of professional advice. The Baldwin Group does not guarantee any particular outcome and makes no commitment to update any information herein or remove any items that are no longer accurate or complete. Furthermore, The Baldwin Group does not assume any liability to any person or organization for loss or damage caused by or resulting from any reliance placed on that content. Persons requiring advice should always consult an independent adviser.

The Baldwin Group offers insurance services through one or more of its insurance licensed entities. Each of the entities may be known by one or more of the logos displayed; all insurance commerce is only conducted through The Baldwin Group insurance licensed entities. This material is not an offer to sell insurance.

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Get in touch with our compliance team

The Baldwin Regulatory Compliance Collaborative is a national team of compliance and ERISA experts to help keep your organization compliant and informed.