Healthcare Compliance Inc

Thursday, 4 January 2018

IRS Extends Deadline for Filing Form 1095-C to Employees

On Dec. 22, 2017, the Internal Revenue Service issued Notice 2018-06, which provides certain extensions related to Affordable Care Act reporting for 2017. Specifically, this notice:

• Extends the due date for furnishing forms to individuals under Sections 6055 and 6056 from Jan. 31, 2018, to March 2, 2018
• Extends good-faith transition relief from penalties related to 2017 information reporting under Sections 6055 and 6056

The due dates for filing forms with the IRS for 2017 are not affected by this guidance. The due date for filing with the IRS under Sections 6055 and 6056 remains Feb. 28, 2018 (April 2, 2018, if filing electronically).

Despite the delay, employers and other coverage providers are encouraged to furnish 2017 statements to individuals as soon as they are able.

Thursday, 14 December 2017

Affordable Care Act ALE Compliance | Health Plan Rules – Treating Employees Differently

Some employers may want to be selective and treat employees differently for purposes of group health plan benefits. For example, employers may consider implementing the following plan designs:

– A health plan “carve-out” that insures only select groups of employees (for example, a management carve-out);
– Different levels of benefits for groups of employees; or
– Employer contribution rates vary based on employee group.

In general, employers may treat employees differently, as long as they are not violating federal rules that prohibit discrimination in favor of highly compensated employees. These rules currently apply to self-insured health plans and arrangements that allow employees to pay their premiums on a pre-tax basis. The nondiscrimination requirements for fully insured health plans have been delayed indefinitely.

Employers should also confirm that any health plan rules do not violate other federal laws that prohibit discrimination. In addition, employers with insured plans should confirm that carve-out designs comply with any minimum participation rules imposed by the carrier.

Click Here to download the full article.

ACA Reporting Service | California Supports Obamacare by Outspending U.S. 4-to-1 on Ads

The post Affordable Care Act ALE Compliance | Health Plan Rules – Treating Employees Differently appeared first on ACA Reporting Service | Obamacare Compliance | Health Care Compliance Inc..

source https://healthcare-compliance-inc.com/affordable-care-act-ale-compliance-health-plan-rules-treating-employees-differently/

Tuesday, 21 November 2017

ACA Reporting Service | California Supports Obamacare by Outspending U.S. 4-to-1 on Ads

The Affordable Care Act is still law.

Californians are getting barraged with online pop-up ads, radio spots and television commercials, all aimed at persuading them to sign up for Affordable Care Act health plans during this year’s open-enrollment season.

Covered California, the state’s Obamacare exchange, is wielding a monster marketing budget that devotes $45 million to ads, including $18 million for TV and $8 million for radio. The agency is so flush with marketing dollars that it also spent $100,000 for a dozen freshly painted murals across the state, most of which have nothing directly to do with health insurance enrollment.

Covered California’s marketing riches contrast starkly with the advertising budget for the federal health insurance exchange, healthcare.gov. The feds have slashed ad dollars to $10 million, down from $100 million last year.

The huge discrepancy reflects conflicting attitudes toward the ACA, commonly known as Obamacare, said Gerald Kominski, director at the UCLA Center for Health Policy Research.

Also, before changes to the provisions of the Affordable Care Act can be made, alternatives need to be worked out.

Friday, 20 October 2017

ACA Large Group Compliance | HCI Introduces New ACA Compliance Software

Healthcare Compliance Inc. Introduces Our New and Improved ACA Compliance Software

New Clients Receive $500 off 2017 IRS Forms 1094 & 1095 (click here for details)

Standard Compliance Services for Large Group Health Plans

> 2017 IRS Forms 1094 & 1095 Full Service Package ($500 Off)
> Eligibility & Reporting Services – MONTHLY requirement of the ACA
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> ACA & ERISA Documentation & Forms – REQUIRED by LAW
> IRS/DOL Audit Prevention Services – IRS now targeting companies for Audits

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The post ACA Large Group Compliance | HCI Introduces New ACA Compliance Software appeared first on ACA Reporting Service | Obamacare Compliance | Health Care Compliance Inc..

source https://healthcare-compliance-inc.com/aca-large-group-compliance-hci-introduces-new-aca-compliance-software/

Tuesday, 19 September 2017

IRS Continues to Enforce the Affordable Care Act

In the wake of Congress being unable to pass ACA repeal and replace legislation, a bipartisan effort seems to be growing around improving the ACA. Indeed, a majority of Americans want to see Congress take a bipartisan approach to addressing healthcare issues.

Among those Americans is a bipartisan group of liberal and conservative leaders in health policy are supporting the continued payment of all the federal subsidies provided under the ACA and to help Americans enroll in coverage. President Trump recently authorized the U.S. Department of Health and Human Services to make the next round of subsidy payments to the insurance companies providing health insurance through government exchanges.

Hearings are expected to be held by the U.S. Senate’s Health, Education, Labor and Pensions Committee in September to discuss bipartisan legislation for a one-year extension of the federal payments to insurers.

Tuesday, 29 August 2017

GOP leaders Make Another Attempt to Fix Obamacare

Discussion of the Affordable Care Act often incites fear, confusion, and anger in people both for and against its passage.

When Congress returns next month, some Senate Republicans plan to turn from yet another effort to repeal and replace the Affordable Care Act, nicknamed Obamacare, and make a bipartisan effort to fix some of the current system’s most pressing problems.

But the recent antagonistic exchanges between Majority Leader Mitch McConnell and President Donald Trump raise questions whether any such effort can succeed. Even if it gets the 60 votes needed to pass the Senate, it would need support from the more repeal-friendly House and the president’s signature.

Unfortunately, despite some bipartisan stirrings in the House, Speaker Paul Ryan so far opposes action and the crowded congressional calendar complicates matters further. But some action is necessary.

Employer reactions to the Affordable Care Act often result in less than favorable outcomes for employees.

Wednesday, 23 August 2017

IRS CONFIRMS ACA MANDATE PENALTIES STILL EFFECTIVE

The Internal Revenue Service (IRS) Office of Chief Counsel has recently issued several information letters regarding the Affordable Care Act’s (ACA) individual and employer mandate penalties.

These letters clarify that:
– Employer shared responsibility penalties continue to apply for applicable large employers (ALEs) that fail to offer acceptable health coverage to their full-time employees (and dependents); and

– Individual mandate penalties continue to apply for individuals that do not obtain acceptable health coverage (if they do not qualify for an exemption).

These letters were issued in response to confusion over President Donald Trump’s executive order directing federal agencies to provide relief from the burdens of the ACA.

Download the full report

Obamacare Becoming Popular with Voters During Trump’s Presidency

The post IRS CONFIRMS ACA MANDATE PENALTIES STILL EFFECTIVE appeared first on ACA Reporting Service | Obamacare Compliance | Health Care Compliance Inc..

source https://healthcare-compliance-inc.com/irs-confirms-aca-mandate-penalties-still-effective/