ACA

IRS Issues Proposed Rules to Fix the Affordability “Family Glitch”

The IRS has issued proposed rules that would change the way employer-sponsored coverage would be treated when determining if a family is eligible for premium tax credits (PTC) when purchasing individu...

2022 Affordability Percentage Decreased

In Revenue Procedure 2021-36, the IRS decreased the affordability percentage from 9.83% to 9.61% for 2021. This percentage determines which applicable large employers may face penalties under §4980H(b...

2022 ACA Play or Pay Mandate Cheat Sheet

Amwins Connect has created an all-in-one cheat sheet on the Play or Pay Employer Mandate for 2022. You can easily find information on the penalties for not offering insurance or not offering affor...

Handling MLR Rebates Webinar

Amwins Connect is a proud sponsor of Summit Employee Benefits Online Education It’s that time of year again! Employers who sponsor a fully-insured group health plan may be receiving a Medical Loss ...

New Rules Lower OOP Costs on Marketplace Plans

CMS adopted new provisions to lower maximum out-of-pocket costs to consumers by $400 for millions of Americans who will rely on the Federal Health Insurance Marketplaces in plan year 2022. The fol...

The ACA Has Made a Dent in Out-of-Pocket Costs

The Affordable Care Act has slowed increases in out-of-pocket costs for those with health insurance coverage under the law by about 80%, according to an analysis published by JAMA Network. Since ...

Employer Mandate Collection Efforts for 2018

Many employers have recently received a Letter 226J from the IRS proposing that an employer shared responsibility payment (ESRP) is owed for the 2018 calendar year, which means the IRS has wrapped up ...

Insurance Commissioners Give Biden Their Recommendations

Insurance Commissioners Give Biden Their Recommendations Eleven state insurance commissioners banded together to give ACA policy recommendations to President-elect Joe Biden. California Insura...

Updated 1095-C Employer Reporting Guide - 2020

Updated 1095-C Employer Reporting Guide - 2020 The IRS recently provided the final 1095-C employer reporting forms and instructions. The 1095-C forms were modified slightly, primarily to facilitate...

Fall and Winter Compliance Deadlines

It’s that time of year again! Some important compliance deadlines are coming up this fall and winter.

Will the Affordable Care Act Withstand an Unrelenting Legal Battle?

by Michael Davidow ACA Compliance Solution Services, Inc. The stage is set for a renewed legal battle against the Affordable Care Act (ACA). The Supreme Court is scheduled to hear oral arguments...

IRS Issues Draft ACA Form

In July 2020, the IRS announced an early draft of tax forms for 1094-C and 1095-C ACA filings. While not ready for use, employers should note a few updates to 1095-Cs and prepare for potential changes...