News-to-Use

Draft 1095 Forms Released

The IRS has released draft Forms 1095-A , 1095-B and 1095-C with related instructions.
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COVID-19 Vaccine Premium Surcharges and Health Care Reform

The U.S. Department of Labor, Department of Health and Human Services and Department of Treasury jointly issued a series of frequently asked questions addressing items ...
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Marketplace Notice Distribution

The Affordable Care Act requires more than just sending 1095-B and C forms each year. ACA requires most employers to provide newly hired employees with a written notice ...
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Employers Should Consider E-Mailing Forms 1095-B/C

Employers can save time and money if they distribute Form 1095 to their eligible population electronically. The IRS allows 1095 Forms to be sent by email if the employee ...
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Educational Exception for Determining Full-Time Status

For purposes of the Affordable Care Act and offering health coverage, a full-time employee is considered an employee who works an average of 130 or more hours per ...
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Affordability Percentage Decrease Will Impact Employee Contributions

The IRS changed the ACA affordability percentage to 9.61% for 2022. The affordability percentage was 9.83% in 2021. This change means employers may have to reduce the ...
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Opt-Out Payments and ACA Affordability

With calendar-year plan open enrollment season approaching, employers should consider the affordability of health coverage and how opt-out payments may impact the lowest ...
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IRS Letter 227

Employers may have received one or more Letters 227 from the IRS. These letters are acknowledgement letters closing an employer shared responsibility payment (ESRP) ...
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Understanding IRS Letter 226-J

Some employers have received letters from the IRS suggesting that they owe an Employer Shared Responsibility Penalty for one or more employees. The IRS website provides ...
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ACA Special Enrollment Period Ending

As part of COVID-19 pandemic legislation, the government opened a special enrollment period for enrolling in health insurance through www.healthcare.gov. That special ...
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