Category Archives: Affordable Care Act

Legal Alert: IRS Extends Deadline for Furnishing Forms 1095, Extends Good Faith Transition Relief

The Internal Revenue Service (IRS) has released Notice 2018-6, extending the deadline for furnishing Forms 1095-B and 1095-C to individuals from January 31, 2018 to March 2, 2018, as well as penalty relief for good-faith reporting errors. The due date … Continue reading

Posted in Affordable Care Act, Benefits Consulting, Compliance, Employee Benefits |

2017 Compliance Year End Review – What to Expect in 2018

2017 has been a very interesting year in regards to politics and economics. Early in the year, Donald Trump was sworn in as the 45th president of the United States. That in and of itself has provided enough material to … Continue reading

Posted in Affordable Care Act, Benefits Administration, Benefits Advisor, Benefits Consulting, Compliance, Employee Benefits |

TAKE NOTICE: IRS Getting Ready to Send “Pay or Play” Penalty Letters to ALEs

The Affordable Care Act (ACA) passed in 2010 included an Employer Shared Responsibility Payments (ESRP) provision mandating that Applicable Large Employers (ALEs) must provide affordable, minimum value, minimum essential health coverage to at least 95% of its full-time employees (and … Continue reading

Posted in Affordable Care Act, Benefits Consulting, Compliance, Employee Benefits Consulting |

UPDATED Legal Alert: IRS Updates Employer Mandate FAQs: Indicates that Penalty Letters are Imminent

This is an update of our November 7, 2017 Alert to include issuance of Form Letter 226J. The Internal Revenue Service (IRS) has updated its list of frequently asked questions (FAQs) on the Affordable Care Act’s employer shared responsibility provisions … Continue reading

Posted in Affordable Care Act, Benefits Advisor, Employee Benefits, HR Service, Workforce Management |

Legal Alert: IRS Increases Health FSA Contribution Limit for 2018, Adjusts Other Benefit Limits

On October 20, 2017, the Internal Revenue Service (IRS) released Revenue Procedure 2017-58, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to $2,650 for plan years beginning in 2018. The Revenue Procedure also contains the cost-of-living … Continue reading

Posted in Affordable Care Act, Benefits Administration, Benefits Advisor, Benefits Consulting, Employee Benefits, Employee Benefits Consulting, Human Capital Management, Human Resource Solutions, Workforce Management |

Trump Signs Executive Order to Dismantle Obamacare

An executive order was signed by President Donald Trump on October 12th for the purpose of exploring ways to expand rules for association health plans (AHP), to revise existing Affordable Care Act (ACA) rules in order to allow for the … Continue reading

Posted in Affordable Care Act, Benefits Advisor, Employer Mandate, Human Capital Management | Tagged , , |

ACA Tax Money to Fund Cleveland-Based Research on Multiple Sclerosis Treatments

One of the provisions of the Affordable Care Act is the creation of the Patient-Centered Outcomes Research Institute (PCORI).  Beginning in 2012, fully-insured plan sponsors have been billed a fee of $1 per covered employee per year by their insurance … Continue reading

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Legal Alert: Trump Administration Releases Guidance on ACA’s Contraceptive Coverage Mandate

On October 6, 2017, The U.S. Departments of Health and Human Services (HHS), Treasury, and Labor (the “Departments”) released interim final regulations allowing employers and insurance companies to decline to cover contraceptives under their health plans based on a religious … Continue reading

Posted in Affordable Care Act, Employee Benefits, Employer Mandate | Tagged , , , , |

Legal Alert: Senate Republicans Release Updated Discussion Draft of ACA Repeal Bill

On Thursday, June 22, 2017, Senate Majority Leader Mitch McConnell of Kentucky released a 142 page healthcare “Discussion Draft” of legislation, called the Better Care Reconciliation Act of 2017 (BCRA), which is the Senate version of the Affordable Care Act (ACA) “repeal-and-replace” legislation American … Continue reading

Posted in Affordable Care Act, Employee Benefits, Health Care Reform |

Legal Alert: Senate Republicans Release Healthcare Bill; Largely Mirroring House Bill but with Some Key Differences

On Thursday, June 22, 2017, Senate Majority Leader Mitch McConnell of Kentucky released a 142-page healthcare “Discussion Draft” of legislation, called the Better Care Reconciliation Act of 2017 (BCRA), which is the Senate version of the Affordable Care Act (ACA) “repeal-and-replace” legislation American Health … Continue reading

Posted in Affordable Care Act, Health Care Reform |

Legal Alert: REMINDER: PCORI Fees Due by July 31, 2017

Employers that sponsor self-insured group health plans, including health reimbursement arrangements (HRAs) should keep in mind the upcoming July 31, 2017 deadline for paying fees that fund the Patient-Centered Outcomes Research Institute (PCORI).  As background, the PCORI was established as … Continue reading

Posted in Affordable Care Act, Benefits Administration, Benefits Advisor, Benefits Brokerage, Benefits Consulting, Compliance, Employee Benefits, Employee Benefits Consulting, Health Care Reform |

Legal Alert: House Republicans Pass American Health Care Act; Bill Heads to Senate for Further Consideration

On Thursday, May 4, by a vote of 217 to 213 (with 20 Republicans voting against the bill), the U.S. House of Representatives passed an amended version of the American Health Care Act (AHCA), which repeals and replaces significant portions of … Continue reading

Posted in Affordable Care Act, Benefits Advisor, Benefits Brokerage, Compliance, Health Care Reform |

Legal Alert: House Republicans Withdraw the AHCA Before a Planned Vote But Efforts to Repeal Continue

On Friday, March 24, 2017, the U.S. House of Representatives’ Speaker Paul Ryan pulled from the floor the American Health Care Act (AHCA), the proposed legislation to repeal and replace the Affordable Care Act (ACA), once it was clear that … Continue reading

Posted in Affordable Care Act, Employee Benefits, Employee Benefits Consulting, Health Care Reform |

Legal Alert: House Committees Release Proposed Legislation to Repeal and Replace the ACA

On Monday, March 6, the U.S. House of Representatives Ways and Means and Energy and Commerce Committees released the American Health Care Act (AHCA), their proposed legislation to repeal and replace the Affordable Care Act (ACA) through the budget reconciliation process, which requires … Continue reading

Posted in Affordable Care Act, Benefits Consulting, Health Care Reform |