News about the Affordable Care Act or “Obamacare”
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 …
News about the Affordable Care Act or “Obamacare”
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 …
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 …
The IRS has revealed some more drafts for their 2016 reporting forms, and already things have changed. You may recall in an earlier ACA Times article where the topics of …
Since 2015, the topic of employee misclassification has been a hot one. Thank companies like Dave & Busters—who came under fire for allegedly doctoring hours to fall below the ACA’s …
In the 4th Kaiser Family Foundation Longitudinal Panel Survey, some impressive findings surround the state of California. The survey polled a randomly selected pool of uninsured adult Californians and tracked …
Once again furthering the rift between the Democrats’ and Republicans’ respective opinions of the Affordable Care Act, cost-sharing reductions return to question. In a hearing held in July, a representative …
With ACA reporting deadlines approaching soon, the IRS has issued draft updates to forms 1094-C and 1095-C which large employers must use to report on certain health plan information to …
At the close of July, the IRS issued proposed regulations around the filing of forms 1094 and 1095. Under IRC 6055, certain large employers must file information returns 1094 and …
News that the DOL planned to change Form 5500 surfaced several weeks ago and now more information has become available. In line with recent increased focus from the DOL and …
Over the past year, we’ve watched Uber go through a rollercoaster ride. It all started when drivers who at random points throughout the year exceeded a 30 hour work week, …
Let’s call the details of the Affordable Care Act a work in progress, even still. Since its humble 2010 beginnings, the ACA has evolved based upon the needs of (almost) …
Over the past two months, the IRS has gradually rolled out ACA reporting forms for 2016. So far? 1094-B and 1095-B have been changed, as well as 1094-C and 1095-C. …
Employers were given a gift of sorts from the IRS and the ACA when extensions for paper filings were extended to 5/31/16 and electronic filings were extended to 6/30/16. Perhaps …
Of all the preconceived notions surrounding the Affordable Care Act (ACA), anything money related remains at the forefront. As insurance companies claim financial hits due to reduced marketplace premiums, on …
By the time July kicked off, many employers received notices from the Health Insurance Marketplace aka “the Exchange,” provided by the Affordable Care Act where individuals and families can obtain …
Expatriate health plans (or “Expat Health Plans”) have led to much confusion ever since the ACA came into effect in 2010. Simply put, expats (or anyone living/working abroad) struggled with …
Penalties are no joking matter when it comes to employers and the Affordable Care Act. A slip up in paperwork, negligence in reporting, or not offering minimum essential coverage to …
In 2008, Gallup—in conjunction with Healthways—started following health care insecurity, keeping track of affordability. Notably, this year marks an all-time low for health care insecurity since tracking began. Gallup-Healthways’ Well-Being Index, a survey …
Many employers have struggled with their health care information reporting for the 2015 tax year. Those difficulties include confusing forms, tedious reporting processes, and technological setbacks. While penalties are perhaps …
For many employers,Form 1095-C is a new document. It is the Employer-Provided Health Insurance Offer and Coverage form, used to report that you have offered health care to full-time employees. …
New regulations have arrived for the ACA’s Premium Tax Credit and Shared Responsibility Payment provisions. For the 2015 tax year, many employers and employees encountered difficulties with regard to the …
In May, the ACA Times released an article detailing what exactly a notice from the Health Insurance Marketplace entails. As previously stated, this notice is to inform employers that one …
When the Affordable Care Act (ACA) was first enacted in 2010, it was with the understanding that changes would be made to the ACA after the fact. Health care reform …
The roles of independent contractors and full-time employees were often ambiguous in the past, as arguably employers’ means of classification relied in how the job was done versus who was …
The June 30, 2016 deadline for employers to file their applicable 2015 health care tax return with theIRShas passed.For many employers, the damage is done.Skipped deadlines, misclassifications, and ignoring of …
Applicable Large Employers, i.e. those with 50 or more full-time or full-time equivalent employees, have reluctantly taken to the ACA’s mandate for employer-sponsored health care for its employees. And while …
For ACA naysayers, one argument posed is that the Affordable Care Act is all but affordable. However a recent study by Gallup suggests that most Americans can afford their health …
It comes as no surprise that the Affordable Care Act (ACA) is favored more among Democrats than Republicans. However, perhaps the tides are changing, at least when it comes to …
Section 1557 of the Affordable Care Act was finalized on May 18, 2016, and will be coming into effect two months from that date on July 18, 2016. However, any …
In a recent Kaiser Family Foundation survey, the results proved the Affordable Care Act’s 2016 open enrollment had a much-needed push from assisters and brokers. The open enrollment period lasted …
Think the Health Insurance Marketplace has the highest premiums? Think again. A report by the Commonwealth Fund reveals that the ACA’s Health Insurance Marketplace is not the most expensive place …
It comes as no surprise that UnitedHealth Group is not a fan of the Affordable Care Act. This year, the health care provider claimed a financial hit in 2015 due …
It’s been quite a rollercoaster ride for the Affordable Care Act this year, as companies like UnitedHealth have spiked their premiums in an effort to combat what they reportedly found …
**Updated 7/6/2016, 2:15pm** Of all the hot topics surrounding the Affordable Care Act, the state-to-state expansion of Medicaid is perhaps the hottest. Medicaid expansion arguably draws the line between Democrats …
We’ve finally reached this point. Today (June 30) marks that day that all Applicable Large Employers (ALEs) with 50 or more full-time equivalents must electronically file forms 1094-C and 1095-C. …
On June 23, President Obama’s championing for Immigration reform received some sobering news when the Supreme Court thwarted Obama’s plan to protect certain illegal immigrants from possible deportation. It was …
It was just a week ago that the IRS held their Affordable Care Act Information Returns Program (AIR) meeting, and with it came the annual publication (1586) highlighting several procedures …
It’s notice season! As an employer, you may have received a letter regarding the health care coverage of one or more of your employees. Could this notice lead to penalties …
Last year, Uber became entangled in multiple employee misclassification lawsuits. These primarily involved individual incidents where contracted drivers exceeded the hourly threshold to be deemed “full-time” under the Affordable Care …
It’s an often-overlooked aspect of preventative health care. We’re told to eat right, exercise, and take doctor-prescribed medications on schedule and any vitamins or minerals. However, when it comes to …
As November looms overhead with the 2016 Presidential election, new issues continue to arise—namely, the afterthought of the importance of health care for Americans. While Americans rank health care …
United Healthcare has been quite vocal about its losses due to the Affordable Care Act (ACA), coupled with threats to withdraw from the ACA’s Health Insurance Marketplace come 2017. However, …
In a move to provide health care for the underprivileged, the Affordable Care Act offered a Medicaid expansion—one that, to date, 19 states have still not accepted. However, a new …
With regard to theAffordable Care Act’s Health Insurance Marketplace, it all comes down to options. As major carriers take umbrage with various aspects of the ACA and its Marketplace, many …
It should come as no surprise that the Affordable Care Act has produced a myriad of opinions from consumers to their employers to those in government. But what would happen …
This tax year, employers may notice an uptick in documents mailed, due largely to the Affordable Care Act. From tax forms to other notices, much of this paperwork is difficult …
Of all the good theAffordable Care Act has done in the way of widespread health care, a recent report shows that our children have benefitted more than most. United Press …
Your journey to authentic change begins now
Receive curated ACA news right to your inbox