News-to-Use

Measurement Period for Fiscal Year Plans

Employers with plans beginning July 1 that use the look-back measurement method for determining full-time status will likely be able to make FTE determinations now. ...
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SBC and Open Enrollment

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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Affiliated Companies May Impact ACA Obligations

Applicable Large Employers (ALE) with 50 or more full-time employees must provide affordable, minimum value coverage to full-time employees and their dependents or be ...
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New Jersey ACA Reporting Due Soon

The Affordable Care Act requires virtually all Americans to have health insurance coverage or pay a tax penalty. The requirement to have health insurance is referred to ...
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Reduction of Hours and Health Coverage for Employees

Under the Affordable Care Act, an applicable large employer must offer its full-time employees affordable minimum essential health coverage or pay a penalty. A full-time ...
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Frequently Asked Questions about SBCs

The U.S. Departments of Labor, Health and Human Services and Treasury jointly issued Frequently Asked Questions about the Summary of Benefits and Coverage (SBC) required ...
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ACA Marketplace Coverage Enrollment Periods

The Affordable Care Act required all states to create a marketplace through which their residents could purchase health coverage. Some states elected to offer coverage ...
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Statute of Limitations for IRS ACA Penalties

The Internal Revenue Service released a Chief Counsel Memorandum advising that the Affordable Care Act’s Employer Shared Responsibility Payment (ESRP) does not have a ...
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CARES Act Makes ACA FSA/HRA Changes

The Patient Protection and Affordable Care Act (ACA) established a rule that starting January 1, 2011, distributions from health care flexible spending account plans and ...
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Form 1094-B/C Transmission Due Next Week

Even in the midst of the COVID-19 pandemic, employers must remember their Affordable Care Act (ACA) obligations. Form 1094-B/C must be transmitted to the IRS by March ...
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