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…
October 2016
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IRSTemporary Nondiscrimination Relief
Temporary Nondiscrimination Relief Gets Another Year Extension By IRS
by Robert Sheenby Robert SheenAs 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…
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Affordable Care ActHealth Care CoverageRegulations
News From Washington: ACA Has To Tighten Up Pediatric Dental Care
by Robert Sheenby Robert SheenWhen 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…
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Affordable Care ActIndividual Shared Responsibility Payment
Individual Shared Responsibility Payment? Not For Everyone
by Robert Sheenby Robert SheenFor 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…
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Form 1094-CForm 1095-CReporting
Updated Forms 1094-C And 1095-C Are Here
by Robert Sheenby Robert SheenThe 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…
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Employee MisclassificationRegulations
NLRB Takes A Stand In The Ongoing Misclassification Battle
by Robert Sheenby Robert SheenEmployee 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…
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Affordable Care ActIRS
How To Deal With An IRS Incorrect TIN Notification: The DO’s And DON’Ts
by Robert Sheenby Robert SheenWhen 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…
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Affordable Care ActHealth Care CoverageHealth Insurance Marketplace
Come 2017, Blue Cross Will Be Everywhere In North Carolina
by Robert Sheenby Robert SheenIn 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…
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Affordable Care ActAIR
AIR Errors And Missing TINs: A Tip Sheet On Quick Fixes
by Robert Sheenby Robert SheenThe 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…
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Affordable Care Act
Oklahoma Joins Forces With The DOL To End Misclassification
by Robert Sheenby Robert SheenThe 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…
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Affordable Care ActHealth Care CoverageIndividual Shared Responsibility Payment
New Updates Arrive Surrounding Individual Shared Responsibility
by Robert Sheenby Robert SheenAt 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.…
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Health Care Coverage
New Light Is Shed On The Hardship Exemption For Health Coverage Tax Credit
by Robert Sheenby Robert SheenThe 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…
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Affordable Care ActPenaltiesReporting
Potential ACA Penalties: An Infographic
by Robert Sheenby Robert SheenAre 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…
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Affordable Care ActForm 5500
Form 5500 Gets A Makeover: Find Out What Has Changed
by Robert Sheenby Robert SheenForm 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…
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Affordable Care ActHealth Care Coverage
Iowa Takes A Big Step Toward Small Business Health Care For Employees
by Robert Sheenby Robert SheenIt 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…
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Affordable Care ActHealth Care CoveragePolls/Surveys
Are High-Deductible Plans The Way To Go?
by Robert Sheenby Robert SheenIt 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…
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ACA ComplianceHealth Insurance Marketplace
It’s A Brand New Day For Marketplace Notices And Appeals
by Robert Sheenby Robert SheenOver 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…