Mark These 2019 Dates for 2018 ACA Reporting [UPDATE]

Mark These 2019 Dates for 2018 ACA Reporting [UPDATE]

December 5, 2018 4 minute read: As we near the end of the year, here are some important dates in 2019 to remember for 2018 ACA compliance and IRS reporting to avoid being Read More
ACA Reporting Requirements [UPDATE]

ACA Reporting Requirements [UPDATE]

November 26, 2018 7 minute read: It’s always interesting to look back and see how regulation develops. The Affordable Care Act (ACA) is no exception. I wrote a five-part series about the ACA Read More
More Insurers Will Participate in the ACA Marketplace in 2019

More Insurers Will Participate in the ACA Marketplace in 2019

November 21, 2018 3 minute read: It was predicted that the health insurance marketplace would be turned upside down with the individual mandate penalty effectively reduced to $0 beginning January 1,2019. However, that Read More
What Employers Need to Know About the ACA (UPDATE)

What Employers Need to Know About the ACA (UPDATE)

November 12, 2018 7 minute read: It’s always interesting to look back and see how regulation develops. The Affordable Care Act (ACA) is no exception. I wrote a five-part series about the ACA Read More
How to Respond to IRS Letter 226J for the 2016 Tax Year [INFOGRAPHIC]

How to Respond to IRS Letter 226J for the 2016 Tax Year [INFOGRAPHIC]

October 22, 2018 1 minute read:  IRS staff has confirmed that the agency will begin issuing Letter 226J penalty notices for the 2016 tax year in the next few weeks. If you receive Read More
IRS Letter 226J Notices for 2015 Tax Year May Be Issued Through 2019

IRS Letter 226J Notices for 2015 Tax Year May Be Issued Through 2019

September 19, 2018 3 minute read:  Employers who have not yet received a 2015 ESRP penalty notice should not breathe a sigh of relief yet. The IRS identified 49,259 employers at risk for Read More
IRS Penalties Increase in 2018 for ACA Non-Compliance

IRS Penalties Increase in 2018 for ACA Non-Compliance

September 17, 2018 2 minute read:  The IRS has increased the penalties for employers that do not comply with the ACA for the 2018 tax year. Here’s a rundown of the changes: 4980H Read More
Insurers Plan ACA Expansion for 2019

Insurers Plan ACA Expansion for 2019

August 29, 2018 2 minute read: There has been a lot of talk about the future of the Affordable Care Act (ACA). With the midterm elections coming soon, Americans have stated that healthcare Read More
More States Move Forward with Reinsurance Programs

More States Move Forward with Reinsurance Programs

August 13, 2018 3 minute read:  The Trump administration has made repealing and replacing the Affordable Care Act a top priority. What’s interesting, however, is that as the White House continues to undermine Read More
Association Health Plans Don’t Help Larger Employers with ACA Compliance

Association Health Plans Don’t Help Larger Employers with ACA Compliance

July 16, 2018 3 minute read: The Affordable Care Act’s employer mandate has been in effect for the past three years and IRS enforcement of the healthcare law has begun. At the same Read More
More Americans Paying for ACA Health Plans

More Americans Paying for ACA Health Plans

July 11, 2018 2 minute read: It’s no secret that replacing the law is a top priority for President Trump and a majority of Republicans in Congress. Recent data from the Centers for Read More
Despite Presidential Rhetoric, ACA Employer Mandate Still Here

Despite Presidential Rhetoric, ACA Employer Mandate Still Here

July 5, 2018 2 minute read: The Trump Administration has been vocal about what it believes are its successful efforts to repeal and replace the Affordable Care Act (ACA). At a recent campaign Read More
Medicaid Expansion Supports ACA Popularity

Medicaid Expansion Supports ACA Popularity

June 27, 2018 2 minute read: It’s not a mystery that the Affordable Care Act (ACA) is complex. Since its passage in 2010, the landscape of the healthcare industry and marketplace has changed Read More
These Errors Greatly Determine Your Penalty Assessment in IRS Letter 226J

These Errors Greatly Determine Your Penalty Assessment in IRS Letter 226J

June 25, 2018 3 minute read: The issuance of Letter 226J for IRS information filings submitted for the 2015 tax year has caught many organizations off guard. More than 30,000 notices have been Read More
Proposed California Bill Puts the State in Charge of Healthcare Costs

Proposed California Bill Puts the State in Charge of Healthcare Costs

May 21, 2018 2 minute read: As the current White House and Congressional Republicans continue to snipe at the Affordable Care Act, some states are taking action to shore up the federal healthcare Read More
ACA Employer Mandate Poses IRS and U.S. GAAP Complications

ACA Employer Mandate Poses IRS and U.S. GAAP Complications

April 23, 2018 4 minute read: Originally published on April 18,2018, in Accounting Today. In most organizations, the task of ensuring compliance with the Affordable Care Act lies with the Human Resources team. Read More
New CMS Rule Keeps ACA Employer Mandate Intact

New CMS Rule Keeps ACA Employer Mandate Intact

April 18, 2018 3 minute read: The Center for Medicare and Medicaid (CMS) has issued a final rule to expand short-term insurance options for Americans as part of the federal government’s continuing campaign Read More
ACA Complexity to Grow as States Develop Their Own Healthcare Solutions [UPDATE]

ACA Complexity to Grow as States Develop Their Own Healthcare Solutions [UPDATE]

April 2, 2018 5 minute read:   The many false starts of the Republican-led effort to dismantle the Affordable Care Act (ACA), along with the Trump administration’s continued efforts to undermine the healthcare law, Read More
2018 Looks Promising for Health Insurers Offering Marketplace Plans [Update]

2018 Looks Promising for Health Insurers Offering Marketplace Plans [Update]

March 7, 2018 The Affordable Care Act’s (ACA) Health Insurance Marketplace has evolved over the years as a necessary evil for some healthcare providers. Some have withdrawn from it, citing profit losses and Read More
IRS, CMS, EBSA Seek Public Comment on ACA Change

IRS, CMS, EBSA Seek Public Comment on ACA Change

March 5, 2018 The IRS, the Employee Benefits Security Administration (EBSA), and the Centers for Medicare and Medicaid Services (CMS) are seeking public comments on proposed regulations that would change the definition of Read More
2018 Affordable Care Act Enrollment Shows Marketplace Stabilizing

2018 Affordable Care Act Enrollment Shows Marketplace Stabilizing

February 19, 2018 The Centers for Medicare and Medicaid Services (CMS) plan to release a more detailed 2018 enrollment report in March for the recent open enrollment under the Affordable Care Act, including Read More
IRS Provides Guidance on Using Corrected Form 1095-A

IRS Provides Guidance on Using Corrected Form 1095-A

February 14, 2018 If you haven’t filed your taxes yet, then you may have avoided having to file an amended return if you received a corrected 2017 Form 1095-A for the Healthcare Marketplace. Read More
Masshealth Changes Come With a Hefty Price Tag For Employers [UPDATE]

Masshealth Changes Come With a Hefty Price Tag For Employers [UPDATE]

February 12, 2018 While healthcare continues to be talked about by the federal government, some state governments are taking steps of their own to shore up the Affordable Care Act (ACA) impact on Read More
Expect IRS to Enforce the ACA’S Individual and Employer Mandates [UPDATE]

Expect IRS to Enforce the ACA’S Individual and Employer Mandates [UPDATE]

February 7, 2018 The approval of tax reform legislation by Congress may ultimately have an impact on the Affordable Care Act (ACA) in 2019. That’s when the legislation essentially repeals the individual mandate Read More
Employees Obtaining Premium Tax Credits Can Trigger IRS Letter 226J for Employers

Employees Obtaining Premium Tax Credits Can Trigger IRS Letter 226J for Employers

February 6, 2018 Individual taxpayers who obtain Premium Tax Credits from the federal government to subsidize health insurance plans purchased on government healthcare exchanges under the Affordable Care Act (ACA) will be filing Read More
Less Than 30 Days to First IRS Filing Deadline for 2017 ACA Information

Less Than 30 Days to First IRS Filing Deadline for 2017 ACA Information

February 5, 2018 We are less than 30 days away from the first deadlines for filing Affordable Care Act (ACA) information for the 2017 tax year. How time flies! Here is who must Read More
DOL Seeking Comments On Extending Association Health Plans

DOL Seeking Comments On Extending Association Health Plans

January 30, 2018 Under the Affordable Care Act (ACA), employers that do not meet the 50 or more full-time or full-time equivalent employee threshold to be Applicable Large Employers (ALEs) do not face Read More
Extended Deadlines for ACA Open Enrollment Updated

Extended Deadlines for ACA Open Enrollment Updated

January 23, 2018 The Centers for Medicare & Medicaid Services (CMS) has announced it is extending the deadline to enroll in health coverage through the Federal Health Insurance Exchange until March 31, 2018, Read More
ACA Health Insurance Marketplace May Stabilize In 2018

ACA Health Insurance Marketplace May Stabilize In 2018

January 22, 2018 It’s been a tumultuous year for the Affordable Care Act (ACA). From insurers withdrawing from providing health insurance on government exchanges to spiking premiums in the face of financial losses Read More
Individual Healthcare Mandate Being Considered in Maryland [UPDATE]

Individual Healthcare Mandate Being Considered in Maryland [UPDATE]

January 18, 2018 Senate Republicans added repeal of the ACA’s individual mandate to the Senate’s tax reform bill to save nearly $340 billion in federal funds during the next decade to mitigate increases Read More
New Guidance on Medicaid May Lead to More Choice for Employers and Employees

New Guidance on Medicaid May Lead to More Choice for Employers and Employees

January 16, 2018 New guidelines from the Centers for Medicare & Medicaid Services (CMS) support efforts by certain individual states to test incentives that make participation in work or other community engagement a Read More
The Affordable Care Act Has Helped Millions, But There’s More Work To Do

The Affordable Care Act Has Helped Millions, But There’s More Work To Do

January 9, 2018 In 2010, former President Barack Obama introduced the Affordable Care Act (ACA) in an effort to provide more Americans with health coverage. Over the course of its now-nearly eight-year run, Read More
As Congress Moves To Remove Individual Mandate, States Seek Their Own Version

As Congress Moves To Remove Individual Mandate, States Seek Their Own Version

January 8, 2018 It was a decade ago when Massachusettsimplemented its own individual mandate that required state residents to obtain health insurance or face financial ramifications. Nationwide, that rule became the framework of Read More
Despite Tax Reform, Expect IRS to Enforce the ACA’s Individual and Employer Mandates

Despite Tax Reform, Expect IRS to Enforce the ACA’s Individual and Employer Mandates

January 3, 2018 The approval of tax reform legislation by Congress may ultimately have an impact on the Affordable Care Act (ACA) in 2019. That’s when the legislation essentially repeals the individual mandate Read More
2018 Enrollment in Affordable Care Act Shows Americans’ Support

2018 Enrollment in Affordable Care Act Shows Americans’ Support

January 2, 2018 Open enrollment to obtain insurance starting on January 2018 under the Affordable Care Act (ACA) ended on December 15 with more than 8.7 million Americans signing up for coverage, according Read More
What Would Kenneth Arrow Think?

What Would Kenneth Arrow Think?

December 19, 2017 The late Kenneth J. Arrow, Nobel-winning economist and one of the most brilliant minds of the 20th century, would be dismayed at action being taken by Republicans in Congress to Read More
The IRS Issues Guidance on the ACA’s Individual Mandate While Congress Looks to Repeal It

The IRS Issues Guidance on the ACA’s Individual Mandate While Congress Looks to Repeal It

December 18, 2017 During 2017, the IRS has steadfastly avoided being swayed by the political breezes, even when they seemed to reach hurricane-level velocity. When President Trump and Republicans in Congress were readying Read More
IRS Penalties for ACA Non-Compliance Can Be Costly

IRS Penalties for ACA Non-Compliance Can Be Costly

December 13, 2017 The IRS has announced the penalty amounts for companies with 50 or more full-time or full-time equivalent employees that do not comply with the Affordable Care Act (ACA) for the Read More
Who’s Thankful for the ACA?

Who’s Thankful for the ACA?

November 22, 2017 As we enter into the annual Thanksgiving break, there is much to be thankful for. Most lists will include giving thanks for family, friends, and employment. And almost 1.5 million Read More
The Healthcare Marketplace is Stabilizing Around the ACA

The Healthcare Marketplace is Stabilizing Around the ACA

November 16, 2017 We are well into open enrollment period for the Affordable Care Act (ACA). Despite significant increases in premium rates for 2018, enrollment for healthcare coverage on HealthCare.gov is higher than Read More