ACA

ACA Employer Reporting Changes

ACA Employer Reporting Changes As mentioned in previously posted articles, two bills specific to the Affordable Care Act (ACA) employer reporting under §6055 and §6056 have been approved by Congress a...

Congress Passes Two Acts - Modifying ACA's 1094 and 1095 Tax Form Reporting

Congress Passes Two Acts – Eases Some ACA Reporting Rules for EmployersCongress recently passed the Paperwork Reduction Act and the Employer Reporting Improvement Act and the President is expected to ...

Amwins Connect - December 2024 Question of the Month

Amwins Connect – December 2024 Question of the MonthQuestionAn Applicable Large Employer (ALE) has not filed 1094/1095-C information with the IRS for the past two years. The employer’s individuals enr...

New PCORI Fee Announced for 2024-2025

New PCORI Fee Announced for 2024-2025The IRS released Notice 2024-83 with the latest PCORI Fee information. Click here to review the Notice.BackgroundSection 4275 imposes a fee on the issuer of a spe...

ACA Employer Reporting Summary

ACA Employer Reporting Summary Certain employers, plan sponsors, and insurers are required to report health plan information and participant coverage data to the IRS each year. The IRS uses this infor...

Compliance News Week Ending November 1, 2024

Compliance News Week Ending November 1, 2024 ACA and IRS Limits for 2025 For the past few weeks, we have been publishing the different ACA and IRS limits for 2025 as they became available. Below is ...

Compliance News Week Ending October 25, 2024

Compliance News Week Ending October 25, 2024 In this Article: IRS Announces 2025 Limits for FSAs, Transportation Benefits, Medical Savings Account, etc. Expanded §213(d) Definition – Condoms FAQs, Par...

Federal Agencies Proposed Regulations - Enhancing Coverage of Preventive Services Under the ACA

Federal Agencies Proposed Regulations - Enhancing Coverage of Preventive Services Under the ACAThe Biden administration is proposing a rule that would expand access to contraceptive products, includin...

Webinar Replay: ACA Employer Reporting and Gag Clause Attestation

ACA Employer Reporting and Gag Clause AttestationOctober 9, 2024As brokers/consultants are busy helping many of their clients to prepare for open enrollment, don’t forget about some of the end of the ...

Compliance News Week Ending October 11, 2024

Compliance News Week Ending October 11, 2024 In this Article: CMS Announces 2026 Maximum Out-of-Pocket Limits Under ACA RulesCMS provided guidance this week that sets forth the 2026 maximum out-of-poc...

Compliance News Week Ending October 4, 2024

Compliance News Week Ending October 4, 2024 In this Article: 1094/1095B Forms and Instructions from IRS 1094/1095C Forms and Instructions from IRSThe IRS released the draft instructions for 2024 forms...

2025 Deadlines and Penalties Under the Affordable Care Act

2025 Deadlines and Penalties Under the Affordable Care Act This information provides the deadlines for 2024 calendar year reporting, due in 2025, under the Affordable Care Act (ACA) as well as the pen...