News-to-Use

Court Finds Individual Mandate Unconstitutional

Yesterday, the 5th Circuit U.S. Court of Appeals held that the individual mandate provision of the Affordable Care Act is unconstitutional. The court did not rule on ...
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Final 1094-B/C and 1095-B/C Forms and Instructions

The IRS has released final 1094-B/C and 1095-B/C Forms and Instructions for 2019. The Forms and Instructions will be used for completing 2019 tax year health care reform ...
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New Guidance on ACA Reporting

On December 2, 2019 the IRS extended a key Affordable Care Act deadline - the due date for furnishing the 2019 Form 1095-B and Form 1095-C. The IRS also extended relief ...
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New SBC Template

The Centers for Medicare & Medicaid Services (CMS) of the U.S. Department of Labor released materials and supporting documents for a new Summary of Benefits and Coverage ...
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Individual HRAs and Health Care Reform

Earlier this year, rules were issued expanding health reimbursement arrangements (HRAs) in the individual market. HRAs are employer-funded accounts that employees may ...
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Measuring Hours for ACA

The Affordable Care Act requires an applicable large employer to offer health coverage to its full-time employees or pay a tax penalty. A full-time employee is one who ...
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Individual Marketplace Coverage Enrollment

The open enrollment period for the Affordable Care Act Marketplace runs from November 1, 2019 through December 15, 2019 for coverage beginning January 1, 2020.
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Updated IRS Transmission Guide

The IRS released an updated Affordable Care Act (ACA) Information Returns (AIR) submission Composition and Reference Guide. The new Guide provides guidance to 1094 form ...
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New Jersey ACA Filing Requirement

Starting with Tax Year 2019, the State of New Jersey requires employers, insurers and other providers of health coverage to send health care coverage information to the ...
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Opt-Out Payments & Health Care Reform

With calendar-year plan open enrollment season approaching, employers should consider how they treat payments made for opting out of health coverage.
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