|Reminder: Individual Marketplace Enrollment Deadlines Approaching
Individuals are reminded that the deadlines to enroll in health insurance coverage through HealthCare.gov or a state Marketplace are quickly approaching.
POSTED DECEMBER 11, 2017 3:03 AM
|IRS Issues New Guidance on Individual Mandate Affordability Exemption
The Internal Revenue Service has issued guidance to individuals and families seeking to claim an affordability exemption from the Affordable Care Act’s individual shared responsibility (“individual mandate”) tax penalty.
POSTED DECEMBER 08, 2017 3:03 AM
|How Holiday Help May Impact Your ALE Status
Employers that hire seasonal workers this
holiday season are reminded that there is an exception when measuring
workforce size to determine whether they are an applicable large employer (ALE) subject to the Affordable Care Act's employer shared responsibility ("pay or play") and corresponding information reporting provisions.
POSTED DECEMBER 01, 2017 3:03 AM
|IRS Releases 2017 Version of Publication 5223 Regarding Substitute ACA Information Reporting Forms
Publication Outlines Requirements for Substitute Forms 1094 B, 1095 B, 1094 C and 1095 C The tax year 2017 version of IRS Publication 5223 is now available, which sets forth the general rules and specifications for preparing substitute Forms 1094
POSTED NOVEMBER 21, 2017 4:04 AM
|Reminder: Second Transitional Reinsurance Program Payment Due Nov. 15
The second transitional reinsurance contribution payment for the 2016 benefit year is due November 15, 2017 for issuers and certain self-insured group health plans (referred to as "contributing entities") that did not previously pay the entire 2016 benefit year contribution in one payment.
POSTED NOVEMBER 13, 2017 2:02 AM
|HHS Proposes Allowing Brokers to Further Aid 2018 SHOP Enrollment
The U.S. Department of Health and Human Services (HHS) has issued a
proposed rule to provide states with greater flexibility in the
operation and establishment of the Small Business Health Options Program
POSTED NOVEMBER 09, 2017 2:02 AM
|IRS to Begin Mailing 'Pay or Play' Penalty Letters
The Internal Revenue Service has announced that it will begin
mailing employers letters informing them of their potential liability
for a "pay or play" penalty for the 2015 calendar year in late 2017.
However, before any penalty is assessed and notice and demand for
payment is made, employers will have an opportunity to respond to the
POSTED NOVEMBER 07, 2017 2:02 AM
|Eight States Extend 2018 Open Enrollment Deadlines
Open enrollment for 2018 coverage in both the federal and state Health
Insurance Marketplaces began on November 1 for individuals and families.
However, some state-based Marketplaces have open enrollment
periods that extend past the federal Marketplace's December 15 deadline
POSTED NOVEMBER 03, 2017 2:02 AM
|IRS Releases New Guidance on QSEHRAs
The Internal Revenue Service (IRS) has released guidance further
clarifying the rules regulating qualified small employer health
reimbursement arrangements (QSEHRAs). Highlights of the guidance are
described in this update.
POSTED NOVEMBER 02, 2017 6:06 AM
|Oregon Granted Waiver From Individual Market Single Risk Pool
The U.S. Departments of Health and Human Services and Treasury have
approved the State of Oregon's application for a waiver from the
Affordable Care Act requirement that it consider all enrollees in the
individual market to be part of a single risk pool.
POSTED OCTOBER 24, 2017 2:02 AM