Benefits & Compensation News

Obamacare audits: DOL insider reveals everything you need to survive the process

Obamacare, DOL Audit

The DOL has a clear message for employers: Preparing for a health reform audit should be a top priority. [Read more…]

4 keys to calculating full-time employees under Affordable Care Act

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…]

Obamacare: Feds offer firms a timetable for SBC compliance

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…]

Obamacare’s summary statements: DOL grants you a major break

Remember those wholesale changes the feds sneaked into the ACA’s Summary of Benefits and Coverage (SBC) statements right at the end of the year? Well, we’ve got some good news for you. [Read more…]

3 things HR needs to know about Supreme Court’s Obamacare case

The Supreme Court has begun hearing arguments in King v. Burwell, a highly anticipated challenge to the cornerstone of the ACA, the federal subsidies. Here are three things HR needs to understand about the stakes in this case. [Read more…]

Obamacare’s dreaded Cadillac Tax: IRS offers new guidance in 3 key areas

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.

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Obamacare: IRS gives small firms break from costly penalty

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…]

Breaking down IRS’ final Obamacare reporting forms

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…]

Obamacare: The forgotten step you must take with plan documents

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’s begun: GOP takes first step toward overhauling ‘full-time’ under Obamacare

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…]