A Reminder on Reporting PCORI Fees to the IRS
June 2023
Fully insured carriers and most self-insured health plan sponsors must pay annual Patient Centered Outcomes Research Institute (PCORI) fee...
The Braidwood Decision and Coverage of Preventive Health Services
Update - May 2023
On May 15, 2023, the Fifth Circuit Court of Appeals issued an administrative stay on the enforcement of the di...
Reminder: The employer mandate under §4980H of the ACA remains in effect and requires compliance to avoid potential penalties for applicable large employers (ALEs).
The Braidwood Decision and Coverage of Preventive Health Services
Date Issued: April 2023
Background
The Affordable Care Act (ACA) amended the Public Health Service (PHS) Act to require non-g...
Do Plans Still Have to Cover ACA Preventive Care?
April 19, 2023
Following a recent U.S. District Court decision placing a national injunction on the enforcement of certain agency recommendation...
Whoops! Correcting Employer Reporting Errors
March 29, 2023
As employers finish filing IRS Forms 1094 and 1095 for the 2022 calendar year and discover that mistakes were made (e.g., mismatched n...
Most Employers Now Required to File Electronic Information Returns Beginning in 2024
On February 21, 2023, the IRS released Final Rules amending the existing requirements related to mandatory e-fil...
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...