News

House Republicans Pass Amended AHCA

On May 4, 2017, members of the U.S. House of Representatives voted 217-213 to pass the American Health Care Act (AHCA), after it had been amended several times. The AHCA is the proposed legislation to repeal and replace the Affordable Care Act (ACA). The AHCA needed 216 votes to pass in the House. Ultimately, it passed on a party-line vote, with 217 Republicans and no Democrats voting in favor of the legislation. The AHCA will only need a simple majority vote in the Senate to pass. If it passe

Affordability Percentages Will Decrease for 2018

On May 5, 2017, the Internal Revenue Service (IRS) issued Revenue Procedure 2017-36 to index the contribution percentages in 2018 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA).

How Repealing the ACA Could Affect Employer-Sponsered Health Plans

Since the Affordable Care Act (ACA) was enacted in 2010, employers and health insurance issuers have had to make numerous changes to employer-sponsored group health plans offered to employees. If the ACA is repealed, many plan terms may no longer be required. These changes may be beneficial for employers, but could be confusing or, in some cases, unwelcome for employees.

COBRA Guidelines

The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances. This chart provides an overview of key aspects of COBRA.

HHS Extends Transition Policy for Non ACA Complaint Health Plans

On Feb. 29, 2016, the Department of Health and Human Services (HHS) extended an existing transition policy for certain health plans that do not comply with the Affordable Care Act (ACA) for an additional year, to policy years beginning on or before Oct. 1, 2017.

ACA Section 6056 Employer Reporting Guide

This Guide provides practical guidance to help applicable large employers (ALEs) that offer insured health coverage (or no coverage at all) satisfy their 2015 reporting requirements under Section 6056, which was added to the Internal Revenue Code by the Affordable Care Act (ACA).

What's a 1095 Form?

Due to the Affordable Care Act (ACA), some taxpayers may receive unfamiliar tax forms at the beginning of 2016: Forms 1095-A, 1095-B and1095-C. The flyer attached is intended to help individuals understand these new forms, including who should expect to receive them and what to do with them.