Q4 Health Reform and Legislative Updates
22 December, 2020
From shifting industry trends to compliance considerations, the market is always changing. Our blog is your constant resource for the information you need to keep your team informed and your business moving forward.
What the transition to a new administration means for the ACA
After a controversial election, Joe Biden is taking the reins as commander in chief. Since Biden’s victory, there has been a change in attitude about the future of the Affordable...
21 December, 2020
Avoid Common Errors This ACA Reporting Season
Another calendar year is nearing its end, and that means the 2020 ACA reporting season is upon us. For HR teams responsible for ACA compliance and management, now is the...
14 December, 2020
What You Need to Know About Forms 1094 & 1095: A Simplified Guide
It's reporting season again for applicable employers who are working to comply with Affordable Care Act requirements. Forms 1095 and Forms 1094 play an important role in avoiding IRS penalties....
09 December, 2020
Understanding ACA affordability safe harbor options
As mandated by the ACA, eligible employers must offer healthcare that meets minimum essential coverage (MEC) requirements to 95 percent of their full-time employees and their dependents. The law also indicates...
04 December, 2020
What’s next with the ACA and the Supreme Court Case
Update on November 11, 2020: Starting Tuesday, the United States Supreme Court began heard arguments on the latest challenge to the Affordable Care Act (ACA) law, one based on Congress'...
11 November, 2020
Q3 Health Reform and Legislative Updates
30 September, 2020
IRS Releases 2020 Form 1095 with Changes for ICHRA Plans
The IRS has published Forms 1094 and 1095 for 2020. Unlike the last few years, this year, the IRS has made several changes to its forms to accommodate for new...
29 September, 2020
Remote working is changing the way companies hire, and affecting state reporting
While state individual mandate reporting is not new this year, it just became more important to pay attention to. When a major event happens that poses a threat, like the COVID-19...
22 September, 2020
IRS Raises Affordability Percentage for 2021
The Internal Revenue Service (IRS) recently issued Revenue Procedure 2020-36 increasing the affordability percentage index from 9.78% in 2020 to 9.83% for the 2021 plan year. Coverage will be considered affordable...
11 August, 2020