minimum essential coverage Archives

ACA Reporting Deadline Delay Not a Tax Filing Delay for Employees

Julie Stich, CEBS

14 Jan 201614 Jan 2016

The Affordable Care Act (ACA) requires most individuals to obtain minimum essential health coverage or pay a penalty, with some exceptions. The penalty for not having coverage is to be paid when individuals file their federal tax return; for the 2015 tax […]

Affordable Care Act (ACA) Employee Benefits Health Care Regulatory

No Health Insurance? How Big is the ACA Individual Penalty?

Lois Gleason, CEBS

14 Dec 201507 Jan 2016

The Affordable Care Act (ACA) requires most individuals to obtain minimum essential health coverage or pay a penalty, with some exceptions. The penalty increases each year. Phil Galewitz reports in Kaiser Health News the average household penalty will be $661 for 2015 and […]

Affordable Care Act (ACA) Employee Benefits Regulatory

Time’s A-Wastin’, Prepare for ACA Reporting Now!

Kelli Kolsrud, CEBS

05 Aug 201518 Sep 2015

On a beautiful summer day, January seems like a long way off. When you’re talking about an employer’s duty to report health care coverage information using Forms 1094 and 1095 under the Affordable Care Act (ACA), nothing could be further from the truth. The […]