Although the ACAs excise tax doesnt go into effect until 2018, employers are already fearful benefit advisers should be offering ideas and solutions to calm their fears.
Several tech companies this week announced they would be adding egg freezing benefits to their health plan. While that may sound like a nice perk to some, making this and other benefit plan changes comes with risks that your employer clients, with your help, should consider.
The Internal Revenue Service said that the sequestration process could have an impact on the amount that certain small tax-exempt employers receive on the refundable portion of the Small Business Health Care Tax Credit.
The new CEO of the federal health insurance marketplace, Kevin Counihan, knows there is room for improvement, but says new processes have Healthcare.gov ready for 2015 open enrollment.
With the Affordable Care Acts new reporting requirements fast approaching, employers and their benefit advisers need more than ever to keep abreast of whats happening with the ever-changing health care reform law. Here are five ACA issues the national law firm Epstein Becker Green says employers need to be following.
The United States Supreme Court has agreed to hear Tibble v. Edison International, a case in which the plaintiffs contend their ERISA plan fiduciaries breached their duty of prudence by offering higher-cost retail-class mutual funds to 401(k) plan participants, even though identical lower-cost institutional-class mutual funds were available.
Since the onset of the recession, there has been a surge in worker misclassification litigation and enforcement against employers that are trying to effectively manage their finances, but are incorrectly classifying their workforces.
Increased and unnecessary risks to Healthcare.gov security remain, as the Centers for Medicare and Medicaid services has failed to implement and address security issues, the GAO says.
About 115,000 people who signed up for Obamacare and may not be legal residents of the U.S. will lose their insurance coverage at the end of the month, the government said Monday.
New research points to low-cost consumer-directed plans as being a key strategy in thwarting rising health benefit costs.
They promised they would be coming and now they have. The Internal Revenue Service has issued draft instructions to help employers and plan sponsors comply with the Affordable Care Acts 2015 reporting requirements.
The IRS has released long-awaited draft instructions for the forms employers will use to comply with the ACAs employer mandate, giving benefit advisers and their clients a glimpse of the work ahead for 2015 and how to begin preparing now.
The full U.S. Court of Appeals in Washington will rehear a recent court decision that found the ACA's premium subsidies invalid in more than two dozen states due to the laws specific language. A rehearing may reduce the chances of a new Supreme Court showdown over a central element of the health reform law.
The IRS has posted draft instructions for the various Affordable Care Act reporting that will be done for calendar year 2015 and while the instructions provide much needed guidance for employers and insurers, they also confirm the daunting complexity of the reporting task.
The Affordable Care Acts employer shared responsibility requires large employers to offer group health plan coverage or face the prospect of having to pay money to the government. As a result, more and more employers are considering these strategies to help reduce or eliminate their exposure to penalties.