October 2016

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…