Soon the U.S. Department of Health and Human Services (HHS) will begin notifying employers about employees receiving advance premium tax credits (APTC) or subsidies for 2016 on the ACA federally facilitated exchange. For an idea of what the notice will look like, see […]
Laundry, shoveling snow, a big pile of dishes, replacing the busted water heater, filing taxes. These are things that must be done, that you’ve dreaded doing and that perhaps you’ve learned the hard way it’s best if someone else does them for […]
Health care and the future of the Affordable Care Act (ACA) have been defining issues for presidential candidates this election season. A new report from the International Foundation of Employee Benefit Plans finds that if ACA is repealed, just over three in […]
Wow! That was fast! Less than a month ago, on March 28, 2016, to be exact, federal agencies closed the comment period for the proposed revision of the Summary of Benefits and Coverage (SBC) template and its related documents. On April 6, […]
You may have dreaded the process, rejoiced over extensions and delays or even lost sleep as the March 31 deadline approached to provide the Affordable Care Act (ACA) 1095 forms to employees. But you did it—Your health plan participants are in possession of […]
Remember last summer when the weather was warm and sunny and you thought the SBC guidance was finalized? Surprise! Now there’s a sequel! In February 2016, federal agencies proposed a revised version of the Summary of Benefits and Coverage (SBC) template and […]
This past December, Congress voted to delay by two years the Affordable Care Act (ACA) excise tax on high-cost health plans (known as the Cadillac tax). Plan sponsors breathed a sigh of relief. Does this mean the Cadillac tax is dead? No. […]
In January I shared sample answers to seven questions your employees might have about their 1095 forms. The positive response showed a lot of you are searching for plain language to help explain Affordable Care Act (ACA) requirements to your employees. When […]
You may still be working on your 1095 forms, knowing the IRS gave you an extension until March 31 to send the 1095-Cs to employees, as required under the Affordable Care Act (ACA). Some of your employees, however, are doing their taxes now […]
For an updated version of this post for your 2017 1095 season, including a bonus eighth question, click here. You did it! The 1095 forms are ready and going out to employees. Now what? You guessed it: Rampant employee confusion. You’re going […]
