Archive by tag: ACAReturn
RSS
The IRS has updated the Q&A on the employer mandate to include new information on the notices that will be sent to employers over the next few weeks regarding any potential penalties for the 2015 reporting year.
Read More
Categories: Benefits in General, Health Care Reform, Compliance | Tags: IRS , Letter 226J , ACA , Employer shared responsibility , ALE , Employer penalties , 1094-C , 1095-C
Despite recent Presidential Executive Orders and Congressional attempts to repeal and/or replace the Affordable Care Act, the Internal Revenue Service has taken action in recent months to remind employers and individuals that reporting about health insurance coverage is still required and is being more closely monitored.
Read More
Categories: Health Care Reform, Compliance | Tags: IRS , ACA , reporting , pay-or-play , individual mandate , health insurance
The Department of Labor, Department of Health and Human Services and Internal Revenue Service recently issued joint interim final rules that significantly expand the types of entities that can claim an exemption from the Affordable Care Act’s requirement to provide certain contraceptive coverage without cost-sharing.
Read More
Categories: Health Care Reform, Health Care in General | Tags: contraceptive , moral , religious , exemption , DOL , IRS , Health and Human Services , HHS , DHHS , Affordable Care Act , ACA , contraceptives

Cost-Sharing Reduction Payments to Be Discontinued

posted on
On October, 12, 2017, the White House announced that cost-sharing reduction payments to insurance companies providing ACA Marketplace plans would be discontinued immediately.
Read More
Categories: Health Care Reform, Health Care in General | Tags: cost-sharing reduction , Trump , Administration , white house , ObamaCare , ACA , Affordable Care Act , health insurance , exchange , marketplace , insurance
On October 12, 2017, President Donald J. Trump signed an executive order directing the Departments of Treasury, Labor and Health and Human Services to consider proposing regulations or revising guidance that would affect certain types of health insurance plans and health reimbursement arrangements.
Read More
Categories: Health Care Reform, Health Care in General | Tags: Trump , President , Executive Order , HRA , AHP , health plan , insurance , ACA , White House , STLDI , Treasury , Labor , HHS , Health and Human Services

IRS Announces New PCOR Fee

posted on
IRS Notice 2017-61 provided the updated dollar amount to be used to calculate the PCORI fee for health plan policy and plan years that end on or after October 1, 2017 and before October 1, 2018. This includes 2017 calendar year plans, and the updated fee amount is $2.39 per covered life.
Read More
Categories: Benefits in General, Health Care Reform, Compliance | Tags: PCOR , 720 , IRS , ACA
The IRS has released the final Forms 1094-B, 1095-B, 1094-C, and 1095-C for calendar year 2017 reporting. The final instructions are available for the C Series forms, and we expect the B series final instructions to be released shortly. Employers are required to report in early 2018 for calendar year 2017.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: ACA , 1094 , 1095 , 6055 , 6056 , Employer reporting , IRS

Health Care FSA Limit Projected $2,650 for 2018

posted on
The CPI was released yesterday and Thomson Reuters has reported today, the projected inflation adjustments for 2018 for health, charitable, compliance and other specialty items. Most notably a projected increase to the 2018 Health Care FSA Limit of $50 or an annual maximum is $2,650 per plan year.
Read More
Categories: Health Care Reform, Compliance, Health Care in General | Tags: Health Care FSA , FSA , Limit , ACA , 2018 Limit , 2018 Health Care FSA Limit
The IRS recently issued draft versions of Forms 1094-B, 1094-C, 1095-B and 1095-C information returns for the 2017 tax year. The Affordable Care Act requires coverage providers to use Forms 1094-B and 1095-B to report health plan enrollment and requires applicable large employers to use Forms 1094-C and 1095-C to report about employer shared responsibility. The Forms also provide relevant information about individual shared responsibility and premium tax credits.
Read More
Categories: Health Care Reform, Compliance, Health Care in General | Tags: Affordable Care Act , ACA , 1094-B , 1095-B , 1094-C , 1095-C , information letter , IRS , Internal Revenue Service , draft , ALE , applicable large employer , Office of Chief Counsel , employer shared responsibility , individual mandate

Repeal and Replace ACA-Employer View

posted on
The International Foundation of Employee Benefit Plans (IFEBP) this month released the results from a survey that asked 727 employers their views on the Affordable Care Act (ACA) and repeal-and-replace efforts.
Read More
Categories: Health Care Reform, Compliance | Tags: ACA , Repeal and replace , IFEBP , Cadillac tax , Employer mandate , Health FSA , HSA
Page 1 of 6FirstPrevious[1]2345NextLast