Q.- We have a self-funded plan. We factor our broker’s commissions into our COBRA rate. Is this allowed?
The Equal Employment Opportunity Commission issued a Notice of Proposed Rulemaking allowing employers who offer wellness programs under their group health plans to provide financial and other incentives in exchange for an employee’s spouse providing information about his or her health status.
An ALE must offer minimum essential coverage providing minimum value to its full-time employees and their dependents. A full-time employee is an employee who works 30 or more hours per week (130 hours per month).
Q.- Do we have to offer an open enrollment each year, or can we make people stay in their elected coverage?
California passed a “Fair Pay Act” which prohibits employers from paying employees less than the rate paid to members of the opposite sex who perform substantially similar work. The California Fair Pay Act is effective January 1, 2016 and applies to all of an employer’s locations, even those locations outside of California.
Applicable large employers, and small employers with self-funded medical plans, will be providing information to employees about their offer of health coverage. Notices to employees will be furnished on Form 1095-C for most employers, and reporting to the IRS will be accomplished through Form 1094-C.
Q. - We have fewer than 50 employees. Do we have any ACA filing responsibilities?
IRS Announced cost of living adjustments for plan benefits for 2016.