The IRS has issued guidance on how the IRS and the Treasury Department will administer the definition of a covered entity for purposes of the health insurance fee under the Affordable Care Act.
In an effort to raise money for Colorados state health insurance exchange, the board responsible for securing its financing has levied a new fee on all insurance policies issued in Colorado, including those sold off of the exchange.
Amidst further rollout of the ACAs provisions, researchers expect more employees to enroll in their employer-sponsored health plan for 2015 a surge benefit advisers should be preparing employers to manage.
One of the most important issues on the mind of business owners is the Affordable Care Act and its employer shared responsibility provision. Paychex shares the top three ESR questions received from business owners and their responses.
California lawmakers are currently weighing a legislative proposal that would bring vision care options to qualified individuals and employers through an exchange.
The IRS new draft forms for employer reporting on health care coverage unveils a glimpse of the administrative onus in store for benefit advisers and their employer clients working to comply with the Affordable Care Act.
The IRS released draft forms for employers to use to report health coverage offerings to employees, unveiling a glimpse of the administrative onus in store for benefit advisers and their employer clients working to comply with the health law.
Two federal appeals courts have issued conflicting decisions about the legality of subsidies on the federal exchanges a split that may have some significant impact on employer planning for ACA compliance.
The White House this week breathed a sigh of relief and conservatives simply sighed when hours after a D.C. federal appeals court ruled that the Internal Revenue Service exceeded its authority in providing tax credit subsidies in 34 states, another federal appellate court ruled the opposite.
In another blow to the health laws federal subsidies this week, the GAO says fake application information successfully yielded subsidy payouts in an undercover investigation. One broker says if consumers are able to obtain subsidies in circumstances where they shouldnt, theyre not going to trust brokers who tell them the truth.
Two court rulings issued this week taking opposing views on the legality of subsidies granted to individuals who enroll in the public health care exchanges have the potential to further delay the employer mandate, say some legal experts.
As some brokers continue to wait for their payments, it seems no one carrier is better or worse at this issue across the U.S. What is clear is that advisers who previously worked in group need to learn a new system to track and monitor commissions.
The immediate take-away for employers in the Halbig v. Burwell ruling is uncertainty about what the future brings for the Affordable Care Act. If the Halbig majority prevails, Obamacare has been dealt a serious, if not lethal, blow.
The DOL says employers reacting to the Supreme Courts Hobby Lobby ruling by canceling contraceptive coverage will be required to notify their employees of the change, an important administrative note for benefit advisers working with employers electing to do so.
Founded by his father on the principle of specialty servicing in 1956, Mike Lewers business model is set to distinguish his brokerage team with post-ACA success for years to come.