2016

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,…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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,…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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,…

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.…

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…

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.”…

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…

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…

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…

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…

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…

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…

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,…

The Kaiser Family Foundation has 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…

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…

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…

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…

The IRS has released the final updated Forms 1094-C and 1095-C,and while there aren’t many modifications, there are some changes of note. As you probably already know, Form 1094-C is…

Employee Misclassification continues to be an issue, as more contract employment arises and information regarding health care, hours, wages, and tax liabilities are not being met by said contractors. At…

When it comes to employee TINs, some errors seem inevitable, but they don’t always mean what they seem. As an Applicable Large Employer (ALE), it is your duty in accordance…

In April, UnitedHealth announced its plans to exit from multiple Marketplaces, including in North Carolina. The health care giant has complained of the Affordable Care Act (ACA) causing them huge…

The electronic system for information reporting under the Affordable Care Act is not without its glitches. We know this by now, and in the midst of 2015 information reporting this…

The ACA Times reported at the top of September thatPennsylvania signed a Memorandum of Understanding (MOU) with the Department of Labor, aiming to prevent further Employee Misclassifications. The MOU would…

At the top of September, the House Ways and Means Committee reunited following summer break with new markups surrounding the individual shared responsibility payment requirement of the Affordable Care Act.…

The Health Coverage Tax Credit (HCTC) has benefited many in affording healthcare coverage, as the ACA requires minimum essential coverage for all individuals. However, while the HCTC typically only applies…

Are you aware of the myriad of possible unnecessary penalties that can occur with violations of the Affordable Care Act? By now you’ve been informed of various possibilities, but they…

Form 5500 is getting a makeover. The forms are under the Employee Retirement Income Security Act of 1974 (ERISA), will now require more information to complete from plan sponsors. While…

It hasn’t been the easiest task getting small businesses on board for healthcare, as money can be an issue. The Health Reimbursement Arrangement (HRA) allows small businesses to reimburse employees…

It should come as no surprise that as individuals obtain healthcare under the Affordable Care Act, the greatest concern is cost. From individual plans to employer-sponsored plans, individuals want the…

Over the course of the year, many employers participated in a widespread panic over notices mailed to them from the ACA’s Health Insurance Marketplace. These notices summarized that an employee…

The number of uninsured Americans is now at record low thanks to the Affordable Care Act. In a study conducted by the National Health Interview Survey over the first three…

For those who received an advance payment for the Premium Tax Credit, yet have extended their 2015 tax return filing or don’t file at all, there’s something you should know.…