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...
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...
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....
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...
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'...
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...
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...
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....
Last summer, California joined the growing list of states enacting their own individual mandates. The mandate that was signed into law took effect Jan. 1, 2020. On March 23, 2020, the California...
Passage of the federal Families First Coronavirus Response Act (FFCRA) at the beginning of March provides important healthcare protections for employees throughout the country who are facing job loss or...