Category: Affordable Care Act

President Biden Extends ACA Special Enrollment Period

ACA Special Enrollment Period Into August President Joe Biden’s administration recently extended access to the Special Enrollment Period (SEP) for the Affordable Care Act (ACA) to Aug. 15, from the previously announced end date of May 15.   This direction comes after the U.S. Department of Health and Human Services (HHS) opened this SEP for […]

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2021 ACA Reporting Deadlines

Affordable Care Act reporting deadlines for the 2020 calendar year are due in early 2021. Learn about this, furnishing deadlines, and penalties for not meeting requirements.

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The Biden Administration Will Impact HR and the Workplace

New administration means changes to the HR landscape Each presidential transition brings changes to the HR landscape. When President Donald Trump took office in 2016, he overturned or revised many of his predecessor’s federal regulations, a common trend between administrations of opposing parties. It is also something likely to continue under President-elect Joe Biden. With […]

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Podcast: CA vs. TX Supreme Court Case — ACA in the future

  NEW! MyHRBuzz – The Podcast In this episode, we visit with Misty Baker, Director of Compliance and Governmental Affairs for BenefitMall. We will discuss the upcoming CA vs. TX Supreme Court case and how it could potentially affect the Affordable Care Act (ACA) and healthcare going forward. Subscribe and look for more episodes soon! […]

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Final Forms and Instructions for 2020 ACA Reporting

Final Forms and Instructions for 2020 ACA Reporting Released The Internal Revenue Service (IRS) released final 2020 forms and instructions for reporting under Internal Revenue Code (Code) Sections 6055 and 6056. 2020 Form 1094-B and Form 1095-B (and related instructions) will be used by providers of minimum essential coverage (MEC), including self-insured plan sponsors that […]

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A Helpful 2021 ACA Compliance Checklist

Affordable Care Act: 2021 Compliance Checklist The Affordable Care Act (ACA) has made a number of significant changes to group health plans since the law was enacted in 2010. Since that time, a number of changes have been made to various ACA requirements that employers and plan sponsors should be aware of. It is important […]

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Supreme Court Vacancy May Affect ACA Litigation

On Sept. 18, 2020, U.S. Supreme Court Justice Ruth Bader Ginsburg passed away at the age of 87. Whether the Court vacancy created by Justice Ginsburg’s death should be filled prior to the November election is the subject of much controversy. Under federal law, the President is responsible for nominating a new Supreme Court Justice […]

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ACA Compliance During COVID-19

The Look-back Measurement Method and COVID-19 The Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer affordable, minimum value health coverage to their full-time employees or possibly pay a penalty. This employer mandate is also known as the “employer shared responsibility” or “pay or play” rules. ALEs can use one of two methods […]

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Cadillac Tax and Other Key ACA Taxes Repealed

On Dec. 20, 2019, President Trump signed into law a spending bill that prevents a government shutdown and repeals the following three taxes and fees under the Affordable Care Act (ACA): The Cadillac tax on high-cost group health coverage, beginning in 2020; The medical devices excise tax, beginning in 2020; and The health insurance providers […]

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Affordable Care Act News Update

The 5th Circuit Court of Appeals recently heard arguments on a lower court’s ruling on the Affordable Care Act. Find out where the ACA currently stands and if your business needs to continue to comply with the law.

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ICHRA: New HRA Option Benefits Small to Medium Businesses

The ICHRA provides employers a way to offer health care benefits to employees that do not count toward their taxable wages. The option also provides smaller employers a way to offer insurance without the administrative burden of offering a traditional medical plan.

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ALERT: ACA Remains in Effect Despite Justice Department Announcement

DoJ Support of Federal Judge’s Ruling Leaves ACA Requirements Unchanged Despite the March 25th announcement that the U.S. Department of Justice is upholding a Texas federal judge’s ruling that the Affordable Care Act (ACA) is unconstitutional, the ACA currently remains in effect. DoJ Filing with Court of Appeals On December 14, 2018, district court judge Reed […]

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ALERT: ACA Reporting Deadlines Approaching

Form 1095-C Due to Employees by March 4 All Applicable Large Employers (ALEs) must comply with 2018 Affordable Care Act (ACA) filing requirements according to Internal Revenue Service deadlines. The IRS deadline for providing 2018 health coverage 1095-C forms to employees is March 4, 2019. Other crucial ACA filing deadlines include filing Forms 1095-C and […]

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The Shelby Report: Believing ACA Rumors Can Be Costly

Believing rumors about The Affordable Care Act can be costly for grocers. For example, many companies mistakenly believed that ACA wouldn’t be enforced, but the IRS has recently started sending out penalty letters for the 2015 tax year. We have heard of penalties ranging from $40,000 to upwards of $2 million.

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The Shelby Report: ACA Non-Compliance Not Worth the Risk

Editor’s note: HR & Benefits News is a monthly column by Chris Cooley, co-founder of MyHRConcierge and SMB Benefits Advisors. The Employer Shared Responsibility Provision of the Affordable Care Act (ACA) penalizes employers who either do not offer (healthcare) coverage or do not offer coverage which meets minimum value and affordability standards. These penalties apply to firms with […]

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Enforcement of ACA Reporting Continues to Increase

On October 13, 2017, the IRS stated it will not accept electronically filed tax returns for tax year 2017 filed in 2018 where the taxpayer does not address the health coverage requirements of the Affordable Care Act (ACA). In addition, returns filed on paper that do not address the health coverage requirements may be suspended pending […]

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President Signs Executive Order in Attempt to Weaken Affordable Care Act

The President signed an Executive Order with the intent to bring sweeping changes to the health insurance industry. The Executive Order focuses on three primary areas: Expanding Association Health Plans (AHP) Within 60 days from the date of the Executive Order, the Secretary of Labor shall consider proposing regulations or revising guidance to expand access to  AHPs. […]

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