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News-to-Use

SBC Distribution
A Summary of Benefits and Coverage (SBC) is an easy-to-read summary of health coverage that allows an individual to compare costs and coverages among health plans in ...
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Question of the Week
Q.- We have 35 employees and a fully insured health plan. Will we have to do ACA reporting?
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Social Security Numbers for ACA
The Affordable Care Act requires insurers and sponsors of self-funded health plans to report to the IRS information about individuals enrolled in health coverage. A ...
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Question of the Week
Q.- What states require Affordable Care Act filing in addition to the federal requirements?
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Medical Loss Ratio Rebates
The Medical Loss Ratio (MLR) provisions of the Affordable Care Act require insurers and certain self funded group health plans to spend at least a certain percentage of ...
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Email Distribution of ACA Forms
Employers can save time and money by distributing 1095 Forms by email. The IRS allows electronic distribution of 1095 Forms if the employee consents to receive the form ...
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Inflation Reduction Act ACA Impact
The Inflation Reduction Act, signed into law by President Biden this week, includes changes to employers should consider.
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ICHRA
Employers that offer Individual Coverage Health Reimbursement Accounts (ICHRAs) must track that coverage to report on ACA Form 1095-B/C.
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New Affordability Percentage Released
The IRS released the ACA affordability percentage for 2023 in Revenue Procedure 2022-34. The affordability percentage is the lowest it has been since the inception of ...
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Question of the Week
Q.- Do we need to keep track of hours for our summer workers for ACA purposes?
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"The News to Use that BAS/CCS sends every Thursday always has great info, but particularly the Question of the Week is a great resource!"
Account Manager / Employee Benefits
PA Insurance Broker

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