The Affordable Care Act has slowed increases in out-of-pocket costs for those with health insurance coverage under the law by about 80%, according to an analysis published by JAMA Network. Since ...
Many employers have recently received a Letter 226J from the IRS proposing that an employer shared responsibility payment (ESRP) is owed for the 2018 calendar year, which means the IRS has wrapped up ...
Insurance Commissioners Give Biden Their Recommendations
Eleven state insurance commissioners banded together to give ACA policy recommendations to President-elect Joe Biden. California Insura...
Updated 1095-C Employer Reporting Guide - 2020
The IRS recently provided the final 1095-C employer reporting forms and instructions. The 1095-C forms were modified slightly, primarily to facilitate...
by Michael Davidow
ACA Compliance Solution Services, Inc.
The stage is set for a renewed legal battle against the Affordable Care Act (ACA). The Supreme Court is scheduled to hear oral arguments...
In July 2020, the IRS announced an early draft of tax forms for 1094-C and 1095-C ACA filings. While not ready for use, employers should note a few updates to 1095-Cs and prepare for potential changes...
In Revenue Procedure 2020-36, the IRS increased the affordability percentage from 9.78% to 9.83% for 2021. This percentage determines which applicable large employers may face penalties under §4980H(b...
It’s that time of year again. Employers who sponsor a fully insured group health plan may be receiving a Medical Loss Ratio (MLR) rebate from their insurers. Self-insured medical benefit plans are not...
California Attorney General Xavier Becerra is opposing a proposed IRS rule that seeks to treat payments made to healthcare sharing ministries (HSMs) as deductible medical expenses. He leads a coalitio...
Anthem Blue Cross will issue Medical Loss Ratio (MLR) rebate checks to small group market employers in August. Under the ACA’s MLR provision, health insurance companies must spend at least 80% of the ...
Anthem Blue Cross will issue Medical Loss Ratio (MLR) rebate checks to small group market employers in August. Under the ACA’s MLR provision, health insurance companies must spend at least 80% of the ...