News-to-Use

Mandatory Prescription Data Collection Reporting Postponed

Employers, as sponsors of their group health plans, are required to report information about their plan’s prescription drug benefit utilization. Reporting is made to the ...
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Question of the Week

Q.- Do we have to mail Form 1095-C to all of our employees with health coverage?
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W-2 Reporting for Health Coverage

As employers start the process of preparing W-2 data, remember that the Affordable Care Act requires some employers to inform employees about the cost of ...
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Question of the Week

Q.- We received a rebate from our insurance carrier in September. They said it was a medical loss ratio rebate. We haven’t used the money yet because we don’t know what ...
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Form 5500 for 2022 Released

The U.S. Department of Labor, IRS and Pension Benefit Guaranty Corporation released the 2022 Form 5500 Annual Return and associated instructions. Pension benefit plans ...
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Question of the Week

Q.- Our teachers take a 6 week break during the winter. How do we count this time off for hours purposes for ACA full-time status?
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Form W-4 Review

The IRS encourages employees to review their Form W-4 periodically. Form W-4 is the IRS Employee Withholding form that directs an employer how much federal income tax ...
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ACA Forms by Email

Employers should consider delivering Forms 1095 to their workforce electronically (by email) instead of relying on the U.S. Postal Service mail.
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Question of the Week

Q.- An employee had a court order requiring him to cover his son under our health plan. The employee showed us a new court order that says he is no longer required to ...
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Required Notices for OE

Employers with calendar year plans are preparing for an upcoming open enrollment. Part of the preparation should include gathering the notices that must be distributed ...
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