The New HRA Regulations Explained

The New HRA Regulations Explained

July 28, 2021 Earlier this year the IRS released final regulations regarding the relationship between Employer Shared Responsibility Provisions (ESRP) and individual coverage Health Reimbursement Arrangements (HRAs). And then they were withdrawn by Read More
Special Enrollment Period Doubles Enrollees, Final Month Approaches

Special Enrollment Period Doubles Enrollees, Final Month Approaches

July 26, 2021 In June, the ACA’s special enrollment period garnered 1 million sign-ups through the federal health exchange, HealthCare.gov. A month later and the number of enrollees has doubled. On July 14, Read More
The Look-Back Measurement Method Can Help Prevent ACA Penalties

The Look-Back Measurement Method Can Help Prevent ACA Penalties

July 23, 2021 Determining the accurate full-time employee count during a calendar year is important for Affordable Care Act compliance. Classifying employees incorrectly can lead to inaccurate information being submitted to the IRS Read More
IRS Issues Draft ACA Reporting Instructions for 2021

IRS Issues Draft ACA Reporting Instructions for 2021

July 19, 2021 The IRS recently released its draft 1094-C and 1095-C instructions for the 2021 tax year. We’ve identified the changes below.  It appears that Form 1094-C will remain the same, but Read More
IRS Begins Issuing Letter 5699 For 2019 Tax Year

IRS Begins Issuing Letter 5699 For 2019 Tax Year

July 14, 2021 We’ve heard from our partners and brokers that the IRS has begun issuing Letter 5699 to employers for the 2019 tax year. Officially called “Missing Information Return Form 1094/1095-C,” Letter Read More
The IRS’s Forms 1095 For the ACA Explained

The IRS’s Forms 1095 For the ACA Explained

July 9, 2021 A number of changes were introduced to the health insurance marketplace with the passage of the ACA in 2010. From different reporting forms and health insurance plan requirements to the Read More
The Annual ACA PCORI Fees Are Due in August

The Annual ACA PCORI Fees Are Due in August

July 6, 2021 The annual PCORI fees deadline is always July 31. Since that falls on a Saturday this year, however, employers and health insurers offering self-funded health insurance plans will need to Read More