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ACA

10/27/2020

Updated 1095-C Employer Reporting Guide - 2020

Updated 1095-C Employer Reporting Guide - 2020 The IRS recently provided the final 1095-C employer reporting forms and instructions. The 1095-C forms were modified slightly, primarily to facilitate...
01/06/2021

Insurance Commissioners Give Biden Their Recommendations

Insurance Commissioners Give Biden Their Recommendations Eleven state insurance commissioners banded together to give ACA policy recommendations to President-elect Joe Biden. California Insura...
10/06/2020

Fall and Winter Compliance Deadlines

It’s that time of year again! Some important compliance deadlines are coming up this fall and winter.
09/22/2020

Will the Affordable Care Act Withstand an Unrelenting Legal Battle?

by Michael Davidow ACA Compliance Solution Services, Inc. The stage is set for a renewed legal battle against the Affordable Care Act (ACA). The Supreme Court is scheduled to hear oral arguments...
08/24/2020

IRS Issues Draft ACA Form

In July 2020, the IRS announced an early draft of tax forms for 1094-C and 1095-C ACA filings. While not ready for use, employers should note a few updates to 1095-Cs and prepare for potential changes...
08/17/2020

ALE 2021 Affordability Percentage

In Revenue Procedure 2020-36, the IRS increased the affordability percentage from 9.78% to 9.83% for 2021. This percentage determines which applicable large employers may face penalties under §4980H(b...
08/17/2020

How Employers Should Handle MLR Rebates

It’s that time of year again. Employers who sponsor a fully insured group health plan may be receiving a Medical Loss Ratio (MLR) rebate from their insurers. Self-insured medical benefit plans are not...
08/12/2020

Attorney General Opposes IRS Proposed Rule on Healthcare Sharing Ministries

California Attorney General Xavier Becerra is opposing a proposed IRS rule that seeks to treat payments made to healthcare sharing ministries (HSMs) as deductible medical expenses. He leads a coalitio...
08/05/2020

Anthem Issues MLR Checks to Small Groups in August

Anthem Blue Cross will issue Medical Loss Ratio (MLR) rebate checks to small group market employers in August. Under the ACA’s MLR provision, health insurance companies must spend at least 80% of the ...
12/19/2019

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 ...
12/04/2019

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 ...
09/30/2019

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...

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