|ACA Remains in Effect After Court Rules Law Unconstitutional
A federal district court in Texas has ruled the entirety of the Affordable Care Act (ACA) unconstitutional. However, the ACA remains in effect.
POSTED DECEMBER 15, 2018 6:06 AM
|IRS Moves Back Furnishing Deadlines for Forms 1095-C and 1095-B
The IRS has moved back the deadline by which employers must furnish Forms 1095-C and 1095-B in early 2019.
POSTED NOVEMBER 30, 2018 2:02 AM
|2019 Health FSA Contribution Limit Announced
The IRS has announced that the contribution limit for health flexible spending arrangements (health FSAs) will be $2,700 in 2019.
POSTED NOVEMBER 15, 2018 7:07 AM
|Administration Proposes Allowing All Employers to Offer HRAs to Reimburse Individual Health Insurance Policy Premiums
A new proposed rule would permit all employers to offer health
reimbursement arrangements (HRAs) to reimburse employees' individual
health insurance policy premiums if certain conditions are met.
Currently, many employers are prohibited from offering such HRAs.
POSTED OCTOBER 23, 2018 8:08 AM
|IRS Releases Forms 1094 and 1095 for Early 2019 Reporting
The IRS has released the Forms 1094-C, 1095-C, 1094-B, and 1095-B
that employers will use in early 2019 to report on the group health
insurance coverage they offered during the 2018 calendar year. Instructions
on how to complete Forms 1094-C and 1095-C and Forms 1094-B and 1095-B have also been released.
POSTED OCTOBER 01, 2018 5:05 AM
|Hardship Exemptions from Individual Mandate Can Now Be Claimed on Tax Returns
The Centers for Medicare and Medicaid Services (CMS) has announced that
individuals will be able to claim hardship exemptions from the
Affordable Care Act’s individual mandate for tax year 2018 on their 2018
federal income tax return.
POSTED SEPTEMBER 13, 2018 5:05 AM
|Short-Term Health Insurance Soon Available For Up To 36 Months
Effective October 3, 2018, a new rule will allow individuals to purchase
short-term, limited-duration health insurance coverage for a period of less than 12 months, and renew such coverage for up to 36 months.
POSTED AUGUST 03, 2018 1:01 AM
|Reminder: PCORI Fees Due Soon
sponsor certain self-insured health plans are reminded that they are
Patient-Centered Outcomes Research Institute (PCORI) fees due July 31.
POSTED JULY 06, 2018 6:06 AM
|New Rule Eases Formation of Association Health Plans
The U.S. Department of Labor (DOL)
has issued a new rule that allows employers to join together as a single group
to offer group health insurance coverage to employees, working owners
(including those without other employees), and their spouses and dependents as
part of an "association health plan." The rule allows
association health plans to be formed on the basis of industry or geography,
such as by state, city, county, or multi-state metropolitan area.
POSTED JUNE 19, 2018 7:07 AM
|'Pay or Play' Estimator Available from IRS
The Taxpayer Advocate
Service—an independent organization within the Internal Revenue
Service (IRS)—has developed a Employer Shared Responsibility Provision Estimator tool
to assist employers in understanding how the Affordable Care Act's
employer shared responsibility ("pay or play") provisions work and how
the provisions may apply to them.
POSTED JUNE 15, 2018 5:05 AM