Many employers implement wellness programs into their employee health plan offering. Wellness programs have varying designs but commonly offer premium discounts to participants who are tobacco-free or achieve certain...more
Just prior to the start of 2023 open enrollment season, the IRS finalized new rules that will now make it easier for some families to access premium tax credits (PTC) for health insurance purchased through an exchange...more
The IRS finalized new rules that change eligibility requirements for the premium tax credit (PTC) created under the Affordable Care Act. It is now easier for an employee’s family members to enroll in subsidized health...more
The Internal Revenue Service recently released a host of changes to Form 1095-C reporting required under the Affordable Care Act. This is welcome relief for large employers who struggle to deliver these forms to employees by...more
11/29/2021
/ Affordable Care Act ,
Employee Benefits ,
Employer Mandates ,
Filing Deadlines ,
Form 1094 ,
Form 1095 ,
Health Insurance ,
Internal Revenue Code (IRC) ,
IRS ,
Reporting Requirements ,
Time Extensions
As many have likely heard, multiple COVID-19 vaccine candidates have rapidly reached the final stages of development and are showing extraordinary effectiveness. The vaccines are beginning to be submitted to the FDA for...more
In a similar move as in previous years, the IRS has issued relief from certain Form 1094-C and 1095-C reporting requirements under the Affordable Care Act relating to employee health plans, as well as relief from certain...more
10/19/2020
/ Affordable Care Act ,
Employee Benefits ,
Employer Group Health Plans ,
Filing Deadlines ,
Form 1094 ,
Form 1095 ,
Good Faith ,
Health Insurance ,
Individual Mandate ,
IRS ,
Penalties ,
Popular ,
Relief Measures ,
Reporting Requirements ,
Tax Liability