Form 1095-B Has Been Updated For the 2016 Tax Year

Form 1095-B Has Been Updated For the 2016 Tax Year

Dec 29 The IRS has been updating several forms for the 2016 tax year. We’ve seen the final updated Forms 1094-C and 1095-C. Form 1095-B has also seen some changes. The Form, Read More
The IRS’s Cost-of-Living Adjustments: An Infographic

The IRS’s Cost-of-Living Adjustments: An Infographic

Dec 28 The 2016 calendar year is closing out, and with it comes a variety of healthcare care related fee adjustments happening for 2017. The ACA Times has revealed the amounts we Read More
Small Businesses Approved For Health Reimbursement Accounts

Small Businesses Approved For Health Reimbursement Accounts

Dec 27 Much of the news surrounding healthcare as of late had included strengthening relationships with Applicable Large Employers and their sponsored healthcare. However, on December 13, the 21st Century Cures Act Read More
IRS Releases New ACA Adjusted Fees For 2017

IRS Releases New ACA Adjusted Fees For 2017

Dec 22 The IRS has released its adjusted figures for certain fees coming into the new year. The Patient-Centered Outcomes Research Institute (PCORI) fee being one of them. The fee was started Read More
A Country Divided: Where Does The ACA Go From Here?

A Country Divided: Where Does The ACA Go From Here?

Dec 21 The election results are now well over a month in, and come January President-Elect Donald Trump will take office. Prior to his win, healthcare was a hot topic for the Read More
Mike Pence: Friend Or Foe To Medicaid?

Mike Pence: Friend Or Foe To Medicaid?

Dec 20 Indiana residents now have a concern about their healthcare, which perhaps they didn’t have before. In his past career as Indiana Governor, Vice President-Elect Mike Pence was one of the Read More
Rural America Is Concerned For The Fate Of Their Healthcare

Rural America Is Concerned For The Fate Of Their Healthcare

Dec 19 In 2014, the Affordable Care Act (ACA) allowed for the expansion of Medicaid in Kentucky, providing healthcare for over 440,000 residents of low income households statewide. USA Today’s The Gleaner Read More
The State Of The ACA and Beyond: An Infographic

The State Of The ACA and Beyond: An Infographic

Dec 15 It should come as no surprise that a repeal of the Affordable Care Act has effects that will echo into a number of factors affecting Americans. But just how complex Read More
McDonald’s and Franchisees May Need to Rethink Their Treatment of Franchise Workers

McDonald’s and Franchisees May Need to Rethink Their Treatment of Franchise Workers

Dec 14 McDonald’s Corporation recently agreed to pay $3.75 million to settle an employment class action involving workers in McDonald’s franchise-operated stores. A fairness hearing is scheduled to be heard on December Read More
With Trump In, Is Medicare Out?

With Trump In, Is Medicare Out?

Dec 13 President-Elect Donald Trump has remained cavalier in his plans and directions for the healthcare of our nation. Throughout his campaign, the Affordable Care Act (ACA) was targeted for repeal and Read More
Rewinding The Clock: An ACA Repeal Would Put Money Back In The Wealthy’s Pockets

Rewinding The Clock: An ACA Repeal Would Put Money Back In The Wealthy’s Pockets

Dec 12 At face value, it’s difficult for many to comprehend exactly what a repeal of the Affordable Care Act would entail during the upcoming Trump Administration. For some, there’s really no Read More
Do Americans Want The ACA Repealed?

Do Americans Want The ACA Repealed?

Dec 8 The 2016 Presidential Election was chock full of mixed signals, including in the world of healthcare. While Democratic nominee Hillary Clinton had plans to maintain the Affordable Care Act with Read More
Proposed Changes To Form 5500? Here Are Some More Per AICPA

Proposed Changes To Form 5500? Here Are Some More Per AICPA

Dec 7 Over the past year, Form 5500 has gone through changes and proposed modifications in an effort to streamline healthcare information reporting on the part of employers. The Department of Labor, Read More
HSAs And The Rich: A Perfect Combination

HSAs And The Rich: A Perfect Combination

Dec 6 President-Elect Donald Trump’s plans for the fate of our healthcare remains a work in progress. During the 2016 election, Trump stated that he fully intended to repeal Obama’s Affordable Care Read More
Trump Picks Price and Verma to Lead the Charge to a Conservative Approach to Healthcare Reform

Trump Picks Price and Verma to Lead the Charge to a Conservative Approach to Healthcare Reform

Dec 5 Donald Trump recently announced his pick of Rep. Tom Price (R-Georgia) to head the Department of Health and Human Services (HHS) quickly followed by his announcement of picking Seem Verma Read More
Regardless of Election & Rhetoric, Employers Are Still on the Hook for 2016 ACA Reporting

Regardless of Election & Rhetoric, Employers Are Still on the Hook for 2016 ACA Reporting

Dec 1 It remains unclear whether Trump and the Republican-majority Congress will repeal and replace the ACA. Shortly after loudly pledging that he will repeal and replace the ACA, just three days Read More
Enrollment On ACA Healthcare Exchanges Hits The One Million Mark In Two Weeks

Enrollment On ACA Healthcare Exchanges Hits The One Million Mark In Two Weeks

Nov 30 As we’re nearing the end of 2016, big changes appear to be on the horizon. Our President-Elect Donald Trump has been selected as the 45th President and while his plans Read More
That Spike In Premium Rates Probably Won’t Affect Your Marketplace Plan

That Spike In Premium Rates Probably Won’t Affect Your Marketplace Plan

Nov 29 Fear of premium hikes comes with good reason. As those looking to renew their health plans from the Federal Healthcare Insurance Marketplace Exchange (Federal Exchange) under the Affordable Care Act Read More
What Will Happen Next With The Gig Economy?

What Will Happen Next With The Gig Economy?

Nov 28 Independent contractors have gone from side help for employers to the backbone of many companies. The “gig” economy as it’s now called, includes any of said contractors who work within Read More
The Verdict On UK’s Uber Employee Classification Case Is “Groundbreaking”

The Verdict On UK’s Uber Employee Classification Case Is “Groundbreaking”

Nov 23 Uber has proven to be both a gift and a curse over the years. While the mobile car service app appears to have cornered a market previously held by more Read More
ACA’s 2016 Penalties Are Estimated to Near $31 Billion

ACA’s 2016 Penalties Are Estimated to Near $31 Billion

Nov 22 Over the course of 2016, the ACA Times has reported on ways for employers to comply with mandates of the Affordable Care Act in an effort to avoid paying large Read More
ACA Reporting Extension & Good Faith Relief From Penalties

ACA Reporting Extension & Good Faith Relief From Penalties

Nov 21 2017 is just around the corner, and there’s news from the IRS on important changes. The IRS’s Notice 2016-70, arriving in IRB 2016-49 dated December 5, 2016, highlights some of Read More
New Regulations Redefine Short-Term, Limited Duration Insurance

New Regulations Redefine Short-Term, Limited Duration Insurance

Nov 17 While the nation was preoccupied with the 2016 Presidential Election, Congress was pushing on with more finalized regulations involving the Affordable Care Act. Last month, the Departments of the Treasury, Read More
A Vital Infographic For All ALEs

A Vital Infographic For All ALEs

Nov 16 The IRS has released a 7-point breakdown of pertinent information for Applicable Large Employers or “ALEs” in anticipation of the upcoming deadline for information reporting for the 2016 tax year. Read More
Will Trump No Longer Repeal The Affordable Care Act?

Will Trump No Longer Repeal The Affordable Care Act?

Nov 15 The 2016 Presidential election has come to a close, and Donald Trump will be the 45th President of the United States. The election came with a series of disparities between Read More
ACA Retaliation Claims: The Final Verdict Comes From OSHA

ACA Retaliation Claims: The Final Verdict Comes From OSHA

Nov 14 Under the Affordable Care Act, employees unable to afford the minimum essential coverage from employers are possibly eligible for Premium Tax Credits from the Health Insurance Marketplace to assist in Read More
With Trump Election Employers Still on Hook for 2016 ACA Reporting

With Trump Election Employers Still on Hook for 2016 ACA Reporting

Nov 11 With the stunning election of Donald Trump as President comes a serious question of what happens to the Employer Mandate under the Affordable Care Act (ACA), also known as “Obamacare.” Read More
Know Your Dates Or Face Penalties: An Infographic

Know Your Dates Or Face Penalties: An Infographic

Nov 10 We are nearing the end of the 2016 tax year, and with it comes the inevitable document filings come early 2017. As per the ACA, many key dates are mandated Read More
The Nondiscrimination Provision of the ACA: What To Know

The Nondiscrimination Provision of the ACA: What To Know

Nov 9 Final rules implementing Section 1557 of the Affordable Care Act was published on May 18, 2016, and go into effect on July 18, 2016. However, any changes to applicable health Read More
New Instructions For Forms 1094-C and 1095-C: An Infographic

New Instructions For Forms 1094-C and 1095-C: An Infographic

Nov 8 As the IRS released the final forms for 2016 Form 1094-C (Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns) and 2016 Form 1095-C (Employer-Provided Health Insurance Offer and Read More
Op-Ed: Waiting To Exhale: Clinton, Trump, & The Fate Of Healthcare Reform

Op-Ed: Waiting To Exhale: Clinton, Trump, & The Fate Of Healthcare Reform

Nov 7 The 2016 Presidential election has been arguably the most stress inducing election for Americans in recent history. And for a myriad of reasons. Regardless of whether you stand with Hillary Read More
Fact-Check: Where Do Clinton And Trump Stand On The ACA?

Fact-Check: Where Do Clinton And Trump Stand On The ACA?

Nov 7 The subject of healthcare has proven to be a touchy one this election cycle, as both Presidential candidates Hillary Clinton and Donald Trump have wavered when it comes to firm Read More
ACA Compliance Difficulties? The 1940’s Started it All.

ACA Compliance Difficulties? The 1940’s Started it All.

Nov 5 This past tax year, many employers experienced a whole new dimension to documenting and reporting information about their employees to the government. With the Affordable Care Act mandating that full-time Read More
Will ColoradoCare replace the ACA?

Will ColoradoCare replace the ACA?

Nov 3 November 8th is right around the corner. And while the onus of the day is placed on electing our next President, Colorado residents will have something else to ponder in Read More
A Quick Update On The ACA From The ABA’s Health and Welfare Benefit Plans National Institute

A Quick Update On The ACA From The ABA’s Health and Welfare Benefit Plans National Institute

Nov 2 On October 6th and 7th, officials from several governmental departments—including the Treasury Department—gathered in Washington, D.C. for the American Bar Association’s (ABA) Health and Welfare Benefit Plans National Institute. Officials Read More
ACA Employer Mandate Penalties Over The Next Ten Years Projects Billions

ACA Employer Mandate Penalties Over The Next Ten Years Projects Billions

Nov 1 ACA, compliance is serious business. Failure to comply with the requirements and deadlines set forth by the Affordable Care Act can lead to big penalties. These penalties are so big, Read More
Study Shows Millions Of Uninsured Eligible Americans Are Still Underutilizing The ACA

Study Shows Millions Of Uninsured Eligible Americans Are Still Underutilizing The ACA

Oct 31 The Kaiser Family Foundationhas released another report surrounding ACA figures, and the results are astounding. In a report of “Estimates of Eligibility for ACA Coverage among the Uninsured in 2016,” Read More
Temporary Nondiscrimination Relief Gets Another Year Extension By IRS

Temporary Nondiscrimination Relief Gets Another Year Extension By IRS

Oct 27 As Closed Defined Benefit Plans are still being worked out rules-wise, the IRS has provided an extension to an important aspect of qualified plans. In a notice released toward the Read More
News From Washington: ACA Has To Tighten Up Pediatric Dental Care

News From Washington: ACA Has To Tighten Up Pediatric Dental Care

Oct 26 When it comes to healthcare under the Affordable Care Act, many points of coverage can often be an afterthought. QHPs, or “qualified health plans,” are required to fulfill ten “essential Read More
Individual Shared Responsibility Payment? Not For Everyone

Individual Shared Responsibility Payment? Not For Everyone

Oct 24 For many, the Individual Shared Responsibility payment is another irritating factor of healthcare as it can add to yet another unforeseen financial burden to the pockets of Americans. However, we Read More