IRS Extends ACA Employer Filing Deadline

The Internal Revenue Service this week released Notice 2016-4, extending filing and distribution deadlines for the employer reporting requirements of the Affordable Care Act (ACA), thereby giving employers more time to comply with the law. Under the Internal Revenue Code (IRC), employers (both self-insured and those with 50 or more FTEs) must file the requisite…

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Spending Bill Extends Menu Labeling Date

Speaking of federal extensions, further review of the omnibus spending bill passed by Congress a few days before Christmas reveals that the compliance date for federal menu-labeling regulations was extended by the law.  Originally, the rules were set to take effect on December 1, 2016, but language in the spending bill provides that compliance with…

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Spending Authorization Ready

As they rush to get to their Christmas vacation, Congress also appears set to pass the other half of the deal – an omnibus spending bill necessary to keep the government operating into the New Year.  With critical legislation such as the Omnibus Spending bill, Congress will often try to attach policy riders to piggy-back…

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SHOP No Minimum Expires December 15

Eligible small businesses looking to take advantage of no minimum participation rates offered by the Small Business Health Options Program (SHOP) Marketplace have just under two weeks to make their selection as the no minimum offer expires on December 15.  Generally, businesses must meet a participation rate of 70% of employees in order to enroll…

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Affordable Care Act Offers “LTO”

Perhaps stealing an idea from the QSR industry, a limited time offer has been put forth by the SHOP Marketplace (Small Business Health Options Program) regarding minimum participation rates.  Beginning earlier this week and continuing until December 15, small businesses can purchase health insurance coverage in the SHOP Marketplace without meeting a minimum participation rate. …

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Eliminating the Cadillac Tax

Congressional appetite to repeal the so-called Cadillac Tax provisions of Obama Care appears to be growing as we get closer to the 2018 effective date for that tax provision.   The “Cadillac Tax” is a non-refundable 40% excise tax on employee premiums that exceed $10,200 and $27,500 for individual and family coverage respectively.  In a letter…

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Budget Agreement Repeals Auto Enrollment

With Congress reaching agreement on a budget deal with the White House and Congressional Democrats this week, the auto enrollment provisions contained in the Affordable Care Act were officially repealed from the healthcare law.  Auto enrollment, a provision that many did not even know was in the ACA, required employers of 200 or more to…

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SHOP Open Enrollment Begins

The Small Business Health Options Program Marketplace (SHOP) created by the Affordable Care Act begins its open enrollment for individuals and families on Sunday, November 1, 2015.  The open enrollment period runs from November 1 through December 15, 2015 for coverage beginning on January 1.  For coverage beginning February 1, enrollment is open until January…

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Obama Signs Change to ObamaCare

Although I never thought I’d write that headline, President Obama did sign the Protecting Affordable Coverage for Employees Act (PACE), a bi-partisan bill from Congress amending his health care mandate.  PACE restores a 50 employee cap on the small group market (Small Business Health Options Program or SHOP) for health insurance.  States are now empowered…

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Bi-partisan Congress Amends ObamaCare

Yes, you read that correctly – it is not a typo!  With support from both democrat and republican members, Congress passed legislation amending ObamaCare!  Under The Protecting Affordable Coverage for Employees Act (PACE), which passed both branches last week, larger small businesses (defined as those with 51 to 100 employees) will not be forced into…

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