ACA

Congress Repeals Cadillac Tax and HIT

Congress passed an end-of-year spending bill, which includes a permanent repeal of two very unpopular ACA taxes: the Cadillac tax on high-cost health plans and the health insurance tax (HIT) on fully ...

How to Get Ahead of the ACA Filing Season

The first deadline for the ACA tax filing season is on March 2, 2020. Help your clients to start preparing now for ACA Filings and ERISA Wraps. It’s essential to take action so that your clients ...

2020 Health Insurance Tax to Drive Rate Increases

The IRS published a Notice stating that they expect to collect over $15.5 billion from health insurers in 2020 under the ACA’s Health Insurers Providers Fee — also known as the Health Insurance Tax (H...

Upcoming Compliance Deadlines

It’s that time of year again! Some important compliance deadlines are coming up this fall and winter: Medicare Part D Notices, October 14: Employers offering prescription drug coverage must issue...

Raise Your Voice to Reform ACA Reporting!

Senators Rob Portman (R-OH) and Mark R. Warner (D-VA) reintroduced S. 2366 to reform the ACA’s employer reporting requirements. Rep. Mike Thompson (D-CA) introduced companion legislation in the House ...

House Passes Full Repeal of ACA's Cadillac Tax

The House of Representatives voted 419-6 to pass H.R. 748, a bill to fully repeal the ACA's Cadillac Excise Tax. It will next be considered by the Senate, where a companion bill, S. 684, has 42 bipart...

MEC Plans - A Solution That Protects Your Clients From ACA Penalties

With LISI’s solution, your clients can offer affordable health care benefits and be protected from potentially costly ACA penalties. For about $50 per employee, per month, employers can purchase cover...

Texas Judge Issues Controversial ACA Ruling

A Texas district court judge has issued a decision in Texas v. Azar, ruling that the individual mandate of the Affordable Care Act (ACA) is unconstitutional. The judge also argued that the individual ...

ACA Gains in Health Coverage Are Beginning to Reverse

by Ken Doyle Since the Affordable Care Act (ACA) was passed in 2010, there were marked gains in the number of Americans with health insurance coverage. But those gains are starting to reverse with ...

Final Rule Gives States More Flexibility Under the ACA

CMS published a final rule April 9 that generally gives states more power to regulate their insurance markets. However, there are more restrictions when it comes to the advanced premium tax credit. Th...

The IRS is Assessing ACA Penalties

The IRS is sending penalty Letter 226-J to applicable large employers (ALEs) for not complying with the ACA’s employer mandate requirements for the 2015 tax year. Letter 226-J notifies these employers...

Aetna Has New ACA Small Group Submission Dates for California

Aetna has updated their Small Group Affordable Care Act (ACA) submission deadlines. In most cases, the change will allow new members to be active on their effective date. Starting with May effective d...