ACA

Reminder - Most Employers Now Required to File Electronic IRS Information Returns Beginning in 2024!

Reminder - Most Employers Now Required to File Electronic Information Returns Beginning in 2024 Have your clients prepared for this new requirement? As we published earlier this year, this new r...

2023 Upcoming Fall and Winter Compliance Deadlines

2023 Upcoming Fall and Winter Compliance Deadlines It is that time of year again when your clients need to be thinking about approaching deadlines for Group Health Plans. Some of the important dead...

Webinar Replay: MLR (Medical Loss Ratio) Rebates

MLR Rebates September 6, 2023 Around this time each year, the carriers begin sending out MLR rebates to fully insured group health plans. This webinar will provide a quick refresher on why fully...

Refresher - 90 Day Waiting Period and Orientation Period

90 Day Waiting Period & Orientation Period September 2023 ACA: 90-Day Limit on Waiting Periods Group health plans and insurers are prohibited from imposing a waiting period exceeding 90 ...

Detail Review of Out-Of-Pocket Maximum Limits and Possible Compliance Issues

Out-of-Pocket Maximum Limits Date Issued: September 2023 Most group health plans are designed with cost-sharing measures such as deductibles, copays, coinsurance, and an out-of-pocket (OOP) maxi...

Webinar Replay: 2024 ACA Affordability Percentage

2024 ACA Affordability Percentage August 30, 2023 Just in time for employers who are thinking about their 2024 plan year, the IRS has announced the new health plan affordability percentage for 2...

Webinar Replay: Compliance Issues with Out Of Pocket Maximums

Compliance Issues with Out Of Pocket Maximums As brokers help employers finalize 2024 plan designs, it’s important to keep in mind that there are limits on the amount that can be required before pa...

2024 ACA Affordability Percentage Announced by the IRS

2024 Affordability Percentage Date Issued In Revenue Procedure 2023-29, the IRS has again significantly decreased the affordability percentage from 9.12% in 2023 to 8.39% for 2024. This is the firs...

Amwins Connect - August Question of the Month

Amwins Connect - Question Of The Month August 2023 Question: When a covered employee’s dependent child attains age 26, when can the Group Health Plan terminate the dependent's coverage? Answe...

Coverage of Preventive Services Without Cost Sharing

Coverage of Preventive Services Without Cost Sharing August 2023 Background Non-grandfathered group health plans are required to cover those items considered to be preventive under provisions...

Compliance Issues for A Short Plan Year

Compliance Issues for Short Plan Years When there is a need to discontinue benefit offerings, or a need to adjust the benefit plan year, employers may need to run a short plan year. Short plan year...

Reminder - New IRS Filing Requirement for ACA Reporting

New IRS Filing Requirement for ACA Reporting The IRS is changing electronic filing requirements for ACA and other required reporting in 2024. While Amwins Connect originally reported this new re...