25 Feb 2021 PCORI Fee Reminder
PCORI fees were originally slated to end this year, but the Further Consolidated Appropriations Act of 2020 signed by the Trump Administration extended the fees through September 30, 2029. Insurers...
ACA Tag
23 Feb What the recent changes to the Individual Marketplace means for Employers
Posted at 11:08h
in Employers
[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]On Thursday, January 28, 2021, President Biden signed an executive order to reopen the Affordable Care Act (ACA) federal insurance marketplace for a...
21 Dec What the transition to a new administration means for the ACA
Posted at 00:14h
in Insights
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...
14 Dec Avoid Common Errors This ACA Reporting Season
Posted at 16:36h
in Insights
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...
09 Dec 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....
04 Dec 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...
11 Nov What’s next with the ACA and the Supreme Court Case
Posted at 19:31h
in Insights
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'...
22 Sep Remote working is changing the way companies hire, and affecting state reporting
Posted at 15:39h
in Insights
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...
11 Aug IRS Raises Affordability Percentage for 2021
Posted at 16:57h
in Insights
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...
24 Jul Maintain your state-based mandate coverage with our new eBook
Posted at 06:00h
in Insights
Complying with the federal Affordable Care Act reporting requirements is tricky enough, employers now have to track and comply with states that have begun instituting their own individual reporting requirements....