The Affordable Care Act impacts nearly all Americans. On this page, you’ll find helpful guidance and updates about the health reform legislation. Keep in mind that the law is continually changing and be sure to confirm that any information presented is up-to-date before acting on it.
We've received a lot of questions and concerns from our individual and small group clients about the big jump in rates for their 2018 renewals. While there are several contributing factors (insurance trend/inflation, everyone's a year older than they were…
On February 29, the Centers for Medicare and Medicaid Services (CMS) announced that it was extending the timeframe for “grandmothered” or transitional plans that have not yet implemented all of the requirements of the Affordable Care Act (ACA). This is…
Earlier today, the Internal Revenue Service (IRS) announced that it would give self-insured and applicable large employers additional time to comply with the 6055 and 6056 reporting requirements for 2015. In Notice 2016-4, the IRS said that "additional time to adapt…
A few days ago, President Obama signed legislation delaying the Affordable Care Act’s “Cadillac tax” for two years. The tax on high cost health plans is now scheduled to go into effect in 2020. The provision delaying the excise tax…
Thank you to everyone who attended the "Time to Get Ready for Open Enrollment" webinar October 20th--we hope you found the information beneficial. As promised, you can download a copy of the presentation below. Time to Get Ready for Open…
Beginning in 2015, employers are required to provide information to their employees and to the IRS about their employer-sponsored health coverage, but there’s a lot of confusion about which employers are subject to the requirement and what tax forms they’re…
Beginning in 2014, the Affordable Care Act requires most Americans to have health insurance coverage or pay a penalty when they file their taxes. The penalty is the greater of a flat dollar amount or a percentage of your household…
Employers with 51 to 100 employees have been understandably worried for the past few months. That’s because, starting with their renewal date in 2016, the Affordable Care Act would re-define them as small employers, making them subject to the modified…
As a result of the King v. Burwell Supreme Court case, most people have now heard of premium tax credits, the financial assistance available to individuals and families with incomes up to 400% of the Federal Poverty Level (FPL) who…
The new ACA Information Center for Applicable Large Employers page on IRS.gov features information and resources for employers of all sizes on how the health care law may affect them if they fit the definition of an applicable large employer.…