As it has done in past years, the IRS has extended the Affordable Care Act (“ACA”) deadline for health plan sponsors to furnish individuals IRS Forms 1095-B and 1095-C by 30 days (IRS Notice 2019-63). Under the extension, the...
Read MoreBy: Cyndi Moore With all the heated rhetoric surrounding the Affordable Care Act (“ACA”), including the President’s Executive Order issued on January 20, 2017 and the recent efforts to repeal and replace the...
Read MoreBy: Peter DomasRegardless of whether there will be revisions to, repeal of, or no changes at all to the Affordable Care Act, patients will most likely continue to have a larger financial responsibility for their medical...
Read MoreBy: Jordan Schreier Individuals completing their 2016 IRS Form 1040s will recognize the question asking if they, their spouses and dependents had qualifying health care coverage in 2016 (Form 1040 line 61, Form 1040A line...
Read MoreBy: Cyndi Moore President-elect Trump has stated repeatedly that one of his initial goals is to repeal and replace the Affordable Care Act (the “ACA”). Because the Republicans control both houses of...
Read MoreBy Deb Grace In May, the Department of Health and Human Services (“HHS”) published a final rule implementing Section 1557 of the Affordable Care Act (“ACA”). The rule prohibits discrimination on the basis of race, color,...
Read MoreBy Roberta Granadier Even though penalties for failure to comply with ACA coverage requirements have been in force since January 1, 2014, there is still a good deal of confusion surrounding the requirement that all individuals...
Read MoreBy Roberta Granadier Even though penalties for failure to comply with ACA coverage requirements have been in force since January 1, 2014 for employers with 100 or more full-time equivalent employees and January 1, 2015 for...
Read MoreBy Cynthia Moore The Affordable Care Act (ACA) established new reporting requirements that apply to applicable large employers (with 50 or more full-time employees) and health coverage providers. Reporting begins in calendar...
Read MoreBy Eric Gregory Some of the tax provisions of the Affordable Care Act apply only to employers with fewer than 50 full-time or full-time equivalent employees.Employers with fewer than 50 employees should take note of these tax...
Read MoreBy RobertaGranadier Many employers used to offer cash payments to employees who declined coverage under their group health plans. Cash opt-out payments were popular because employers saved money on health plan premiums or claims...
Read MoreBy Deborah Grace It is important for businesses that have common ownership to determine if the entities are members of a controlled group as defined by Code Sections 414(b) and (c). Separate legal entities that are members of a...
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