IRS Announces ACA Pay or Play Penalties for 2024
The IRS released 2024 penalty amounts on March 9, 2023. This notice is related to the ACA Employer Mandate Penalties. The IRS notice can be reviewed...
Applicable Large Employer (ALE) Refresher
Benefit Comply has been answering lots of questions during recent plan renewals and this employer reporting season related to how to determine applicable l...
California Dental Summary of Benefits and Coverage (SBC) Requirement
February 2023
A California law (SB 1008) was passed in 2018 and went into effect for plan years beginning on or after January...
Use of the Look-Back Measurement Method
For purposes of reporting full-time employee counts on the Form 1094-C, as well as reporting full-time versus part-time status by month on Form 1095-Cs, appl...
Applicable large employers (50 or more FTEs) and employers offering self-funded group medical plans are in the midst of finalizing reporting via Forms 1094 and 1095 for the 2022 calendar year. The rep...
Applicable large employers (50 or more FTEs) and employers offering self-funded group medical plans are in the midst of finalizing reporting via Forms 1094 and 1095 for the 2022 calendar year. The rep...
Issue Date: January 2023
Applicable large employers (50 or more FTEs) and employers offering self-funded group medical plans are in the midst of finalizing reporting via Forms 1094 and 1095 for the...
Further by HealthEquity has shared the below updates around recent legislative changes that may
impact consumer-directed benefits.
Internal Revenue Service (IRS) Releases 2023 Index Figures
On...
At the time we originally distributed the announcement for the IRS and ACA limits for 2023, the new PCORI Fee amount was projected to be $2.93 for Plan Years ending on or after October 1, 2022 and bef...
Recent federal policy changes will impact compliance for Self-Funded Plans, Group Health Plans, and all Applicable Large Employers (ALEs).
ALEs are those employers offering group health plans that ...
The IRS has issued final regulations that change the way employer-sponsored plan affordability is calculated when determining if a family is eligible for a premium tax credit (PTC) when purchasing ind...