by Editor | Sep 15, 2016 | ACA Reporting Services
In April 2016, the Internal Revenue Service (IRS) issued Revenue Procedure 2016-24 to index the contribution percentages in 2017 for purposes of determining the affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2017,...
by Editor | Sep 8, 2016 | ACA Reporting Services
Employers that sponsor group health plans have some different options available to them for designing their plans’ enrollment process. When it comes to enrollment, health plan sponsors should have rules in place regarding: – When employees can enroll in the...
by Editor | Aug 23, 2016 | ACA Reporting Services
The 2016 presidential election could bring significant changes to the U.S. health care system. Hillary Clinton and Donald Trump have both campaigned on promises to control health care spending and reduce out-of-pocket expenses for consumers. The chart below provides a...
by Editor | Aug 18, 2016 | ACA Reporting Services
OVERVIEW On July 1, 2016, the Department of Labor (DOL) issued an interim final rule that increases the civil penalty amounts that may be imposed under various federal laws, including the Employee Retirement Income Security Act (ERISA). The interim final rule...
by Editor | Aug 18, 2016 | ACA Reporting Services
To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2017. Employers should review their plan documents to confirm that they...
