ACA

New PCORI Fee Announced

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...

ACA Reporting and Other Employer Mandate Compliance Changes for the Upcoming New Year

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 ...

Fixing The Family Glitch: IRS Final Rules for Family Coverage Affordability

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...

Upcoming Fall and Winter Compliance Deadlines

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

2023 Affordability Percentage Decreased

In Revenue Procedure 2022-34, the IRS slightly decreased the affordability percentage from 9.61% to 9.12% for 2023. This percentage determines which applicable large employers may face penalties under...

Proposed Rule Addresses the Family Glitch in Marketplace Plans

The Biden-Harris Administration is proposing a rule to fix the ACA’s “family glitch.” Under the ACA, people who don’t have access to affordable health insurance at work may qualify for a premium t...

IRS Issues Proposed Rules to Fix the Affordability “Family Glitch”

The IRS has issued proposed rules that would change the way employer-sponsored coverage would be treated when determining if a family is eligible for premium tax credits (PTC) when purchasing individu...

2022 Affordability Percentage Decreased

In Revenue Procedure 2021-36, the IRS decreased the affordability percentage from 9.83% to 9.61% for 2021. This percentage determines which applicable large employers may face penalties under §4980H(b...

2022 ACA Play or Pay Mandate Cheat Sheet

Amwins Connect has created an all-in-one cheat sheet on the Play or Pay Employer Mandate for 2022. You can easily find information on the penalties for not offering insurance or not offering affor...

Handling MLR Rebates Webinar

Amwins Connect is a proud sponsor of Summit Employee Benefits Online Education It’s that time of year again! Employers who sponsor a fully-insured group health plan may be receiving a Medical Loss ...

New Rules Lower OOP Costs on Marketplace Plans

CMS adopted new provisions to lower maximum out-of-pocket costs to consumers by $400 for millions of Americans who will rely on the Federal Health Insurance Marketplaces in plan year 2022. The fol...