This month's Benefits Buzz discusses the ACA's increased affordability percentages and looks toward an unprecedented open enrollment season.
On July 21, 2020, the IRS announced the adjusted affordability contribution percentages for 2021 under the ACA. This Legal Update video explains further.
This month's Benefits Buzz reviews recent challenges to the ACA and discusses employer flexibility in regards to contraceptive coverage.
On July 8, 2020, the U.S. Supreme Court upheld two regulations expanding exemptions from the ACA's contraceptive coverage mandate. As a result, additional employers may now be able to opt out of providing the ACA-mandated contraceptive coverage. This Legal Update provides an overview of the Supreme Court's ruling.
On July 13, 2020, the IRS released draft 2020 forms for ACA reporting under Code Section 6056. Related draft instructions have not yet been released. In addition, draft 2020 forms for reporting under Code Section 6055 have not been released at this time. This ACA Compliance Bulletin provides an overview of the draft changes that were made to the Forms 1094-C and 1095-C for 2020 reporting.
On July 21, 2020, the IRS issued Revenue Procedure 2020-36 to index the contribution percentages in 2021 for purposes of determining affordability of an employer’s plan under the ACA. This ACA Compliance Bulletin describes the adjusted percentages.
On June 12, 2020, the Department of Health and Human Services (HHS) issued a final rule on Section 1557 of the Affordable Care Act (ACA). This video explains further.
The ACA requires health insurance issuers and self-funded plan sponsors to pay PCORI fees to fund comparative effectiveness research. At the end of 2019, these fees were extended to apply through 2029. For plan years ending in 2019, PCORI fees are due July 31, 2019. This ACA Compliance Bulletin provides information on the deadline and the method for reporting and paying PCORI fees, including available transition relief for plan years ending on or after Oct. 1, 2019, and before Oct. 1, 2020.
This quarter's Benefits Bulletin explores COVID-19 and the workplace, the ACA's pay or play rules' statute of limitations and Form I-9.
This month's Benefits Buzz discusses the Supreme Court's decision to hear a challenge to the ACA and examines limitations for pay or play penalties.
How to use this Library
From compliance questions to "what is this?" definitions, this library can help answer your benefits-related questions. Search by category.