After a quiet few months, federal agencies were quite busy during the month of May, issuing four important final rules that impact employers. Specifically, the Department of Labor (DOL) issued the long-awaited revisions to the white collar exemptions of the Fair Labor Standards Act; the Department of Health and Human Services (HHS) released its final […]
Read moreTag: counting employees
Affordable Care Act Information Returns
Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the Internal Revenue Service (IRS) to verify that (1) individuals have the required minimum essential coverage, (2) individuals who request premium […]
Read moreCompliance Recap // August 2015
August was a generally slow month with a few important updates for the benefits industry. Notably the Internal Revenue Service (IRS) issued draft instructions for its reporting forms relating to the Patient Protection and Affordable Care Act’s (ACA) employer-shared responsibility requirements. The draft instructions, although generally unremarkable, did contain new language regarding reporting on health […]
Read moreMid-Size Employers: Transition Relief and Community Rating
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 […]
Read moreCompliance Recap // May 2015
After a few quiet months, regulatory agencies have picked up steam, leaving employers with a significant amount of new information to digest and work through. The Internal Revenue Service (IRS) was busy updating FAQs relating to reporting under the Patient Protection and Affordable Care Act (PPACA) and setting the 2016 high deductible health plan (HDHP) […]
Read moreFrequently Asked Questions about Tracking Full Time Employees under Play or Pay
Q1: Must full time employees be tracked under the Patient Protection and Affordable Care Act’s (PPACA) play or pay rules? A1: All common-law employees must be tracked under play or pay rules, including ongoing full time employees. Q2: Why would you track employees that you know are full time? A2: Tracking full time employees gives […]
Read moreLast chance! Register now for our May Webinar – 1-2-3, Let’s Count Employees
Benefit Insurance Marketing is pleased to extend an invitation to attend our upcoming monthly compliance Webinar. In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nations leading employment and benefit law firms, Jackson Lewis LLP. Best of all, you can […]
Read moreCounting Employees Under Health Care Reform – Free Webinar Access
ATTENTION EMPLOYERS! ASK YOURSELF THESE QUESTIONS: As an employer, am I subject to the ACA Employer Mandate? How do I determine if I’m over 50 employees? or over 100 employees? Who is a common-law employee? How do I count temporary employees? What is a variable-hour employee? What is a measurement period? When do I start counting? […]
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