In April, government agencies ramped up their activities by issuing a final rule, updating guidance, and announcing increased Health Insurance Portability and Accountability Act of 1996 (HIPAA) enforcement. The Internal Revenue Service (IRS) updated its webpage that summarizes employer shared responsibilities payments and their calculation. The Department of Health and Human Services (HHS) Centers for […]
Read moreTag: employer mandate
ACA – Employer Mandate Reporting Reminder
The following applies to employer groups that are considered Applicable Large Employers (ALEs) for the 2015 calendar year and subject to ACA Employer Mandate reporting for 2016. MARCH 2, 2017: ACA Forms 1095-C to Employees Applicable Large Employers must submit Forms 1095-C to employees no later than March 2, 2017. FEBRUARY 28, 2017 or MARCH […]
Read moreCompliance Recap – December 2016
December was a relatively busy month for new laws and administrative rulemaking in the employee benefits world. President Obama signed the 21st Century Cures Act into law. The IRS issued a reporting deadline reminder, two information reporting summaries, and Q&As on information reporting. A U.S. District Court issued a nationwide preliminary injunction regarding a portion […]
Read moreMarketplace Notices Are Coming by Laura Kerekes, SPHR, SHRM-SCP
Under the Affordable Care Act (ACA), each Health Insurance Exchange (Marketplace) must notify employers when they have an employee who has received a government subsidy to enroll in a health plan through the Marketplace. These notices will begin being sent to employers in the coming weeks and months, either individually or in batches. Because the […]
Read moreACA Reporting reminder for Applicable Large Employers (50+ Full-time equivalents)
This is a friendly reminder of upcoming compliance dates for ACA Reporting (1094 and 1095 forms) March 31, 2016: Organizations that meet the criteria of Applicable Large Employers must submit ACA form 1095-C to employees no later than March 31, 2016. Small employers with fewer than 50 employees who are self-insured must submit 1095-B to […]
Read moreGuest Blog // ACA Reporting Instructions from HR Service, Inc.
With the big rush for organizations to prepare their ACA reports, our strategic partner, HR Service, Inc., created these step-by-step ACA Reporting Instructions to help organizations who are doing their own reporting. Thank you, HR Service, Inc.!
Read moreACA Reporting (Applies to Applicable Large Employers)
Attention to all Applicable Large Employers (ALEs) with 50 or more full-time equivalents. BIM’s strategic partner, Worxtime, is no longer accepting new clients that require employee tracking and reporting. However, they are still accepting new clients for reporting only through November 13, 2016. At the time this blog is published, BIM’s other strategic partner, ACA Reporting […]
Read morePerfect Attendance! How to Handle Leaves of Absence under the ACA
The Patient Protection and Affordable Care Act (ACA) requires applicable large employers (ALEs) to offer full-time employees health coverage, or pay one of two employer shared responsibility penalties. An ALE is an employer with 50 or more full-time or full-time equivalent employees (for 2015, this threshold is 100). A full-time employee is an employee who […]
Read moreIRS Notice on Minimum Essential Coverage Reporting
Minimum essential coverage or “MEC” is the type of coverage that an individual must have under the Patient Protection and Affordable Care Act (ACA). Employers that are subject to the ACA’s shared responsibility provisions (often called play or pay) must offer MEC coverage that is affordable and provides minimum value. The IRS has issued Notice […]
Read moreAffordable 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 […]
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