Tag Archives: Affordable Care Act

Potential ACA Impacts of the Tax Reform Bill

Information from our partner Cigna contributed to this email. On 12/2/17 the Senate passed an amended version of the House bill (passed on 11/16/17). Health Care Reform Affected by this Bill The Senate bill includes a permanent repeal of the Affordable Care Act (ACA) individual mandate, beginning in 2019. The House bill did not have any provisions …

Employers: Here’s a Mid-Year Affordable Care Act Refresher

The following information was received from the IRS on 7/14/16. As an employer, the size and structure of your workforce helps determine which parts of the health care law apply to your business. Work forces typically fluctuate, so it’s important to annually determine the size of your workforce.  The number of employees you have during the current …

Cadillac Tax Delayed for Two Years

The following information was received from our partner, Cigna, on 12/18/15. We have added emphasis and adjusted the look for easier understanding for our readers. Today, Congress passed a two-year delay of the 40 percent excise tax on high-cost employer-sponsored health plans, also known as the “Cadillac Tax.” This delay was part of a year-end …

Possible New Definition of Full-Time Employee per ACA

30 or 40 hour work week? ACA definition of full-time employment under revision. The House recently passed legislation to revise the Affordable Care Act’s (ACA) definition of full-time employment. Currently, full-time employees must work 30 hours per week to meet the employer offer of health coverage. Under the recently passed legislation, a full-time …

Healthcare Idiosyncrasy: Will You Opt Out of Coverage?

More and more idiosyncrasies of the Affordable Care Act (ACA)/Healthcare Reform are coming to light as the October 1, 2013 date approaches; the date that state and federal health insurance exchanges are to begin enrolling people in plans. Fast Facts First: Affordable Coverage – Under the ACA, affordable coverage is defined as health insurance …

More 2012 Healthcare Changes: Simplicity is the Key Word

Recently we spoke about a simple, but important change to employee W-2s that is taking place due to the Affordable Care Act (ACA or Healthcare Reform). Additional changes rolling out in 2012 are designed to simplify paperwork and standardization of coverage for employers and employees. Cigna has a very easy to understand definition of standardization …

Patient Protection and Affordable Care Act (PPACA): Grandfather Rules

Written by Ellie Tonder, VP of Operations As an employee benefits consultant, I am asked by our fully insured clients, almost daily, about whether or not they should maintain their “grandfathered” status.  My response is usually, “If you can afford to remain grandfathered then, by all means, let’s keep it that way!”  The regulations …
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