community rating Archives

Compliance Recap // July 2015

August 11, 2015

6055/6056 Reporting, Affordable Care Act (PPACA), Compliance Alert, Employee Benefits, Employer Mandate, Health Care Costs, Health Savings Account, Preventive Services

July brought the benefits industry increased fines relating to the Patient Protection and Affordable Care Act (ACA) as well as some much-anticipated updates and information on a variety of subjects. A trade bill passed in early July increased penalties for employers that fail to file IRS forms relating to the ACA’s play or pay provision, […]

Mid-Size Employers: Transition Relief and Community Rating

July 28, 2015

6055/6056 Reporting, Affordable Care Act (PPACA), Compliance Alert, Employer Mandate, ERISA

The employer shared responsibility (i.e., “play or pay”) requirements went into effect in 2015 for large employers only (those with 100 or more full-time or full-time-equivalent employees). Even though they generally will not be liable for penalties until 2016, mid-size employers (employers with 50 to 99 full-time or full-time-equivalent employees) will need to report on […]