December 2, 2015 by Bill Enright
As part of the 6055/6056 reporting requirement you may be required to complete forms 1094-C/1095-C or 1094-B/1095-B for those employees with a Health Reimbursement Arrangement (HRA). It can be confusing to determine which employees will require the reporting and which ones will not. The good news is that the IRS says as long as you put forth a “good faith effort” in the first year to file the report, you will likely avoid any penalties. Whew!
October 9, 2015 by Bill Enright
On October 7, 2015, President Obama signed a bill which stops the ACA small group employer definition from changing. The definition was going to expand the number of employees in a small group from 50 to 100 employees. This change was slated to take effect January 1, 2016.
August 31, 2015 By Isaac Phebus
Next year, the Affordable Care Act (ACA) will be changing its definition of small group employer. Currently, an employer with 1-50 employees is considered a small group. As of January 1, 2016, the small group employer definition will be changed to 1-100 employees.
July 8, 2015 By Carolyn Wonders
On June 25, 2015, the Supreme Court issued a final ruling in King v. Burwell. This case challenged the availability of subsidies in federally-run Health Insurance Exchanges (i.e. Health Insurance Marketplaces), claiming that the language of the Affordable Care Act (ACA) authorized subsidies only in state-run exchanges. In a 6-3 decision, the Court upheld the availability of subsidies in both state and federal exchanges.
The ACA Watch newsletter and blog/website is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel for legal advice.
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