When the agencies charged with health reform implementation announced the ACA’s Summary of Benefits and Coverage (SBC) statements would be delayed for a while, employers pushed them for a more concrete response. Well, the feds complied with a new FAQ — and their answer is probably better than most firms had hoped. [Read more…]
Employers have 11 months to nail down just how many full-time employees they have before Obamacare’s employer mandate kicks in. The problem is, the law’s formula is tricky. To help with the math, 15-year benefits compliance vet Sheryl Southwick has some advice for employers. [Read more…]
Even though the “Cadillac Tax” doesn’t take effect until 2018, it’s one of HR pros’ biggest concerns regarding the entire Affordable Care Act. Now, for the first time, the feds are offering guidance on how this tax will be calculated.
The feds are still warning firms that offering employees stand-alone health reimbursements (HRAs) to purchase coverage on their own won’t satisfy the health reform law’s employer mandate. [Read more…]
The wait is over. Employers now have access to the final versions of the forms they’ll file to show they’re in compliance with the ACA “Shared-Responsibility” mandate. And the sooner they start making sense of these forms, the better. [Read more…]
So you’ve meticulously followed the confusing calculation method under the ACA, you’ve calculated the measurement period and the stability period, and you’re absolutely certain you know just how many full-time employees you have for Obamacare purposes. You’re all set now, right? Not so fast. [Read more…]
It didn’t take long for the Republicans to get to work in an attempt to dismantle the current version of the Affordable Care Act (ACA). [Read more…]
If the feds’ latest announcement is any indication of what’s to come, 2015 will be a busy year for Obamacare changes. [Read more…]