June 2015 - Employee Benefits I AP Benefit Advisors

Same-Sex Marriage Is a Right, Supreme Court Rules, 5-4

Today, the Supreme Court rules that the Constitution guarantees a nationwide right to same-sex marriage. Justice Anthony M. Kennedy wrote the majority opinion in the 5 to 4 decision. He was joined by the court’s four more liberal justices. With this decision the Supreme Court is affirming that the Constitution requires that same-sex couples be […]

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US Supreme Court Upholds Subsidies

The Affordable Care Act survived its second Supreme Court test in three years. In a 6-3 majority ruling, the Supreme Court upheld the federal government’s authority to provide health insurance subsidies through a federal exchange. The King v. Burwell decision ultimately hinged on just four words — “established by the State.” The decision reviewed in […]

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AP Benefit Advisors, LLC Acquires Pennsylvania-based StoudtAdvisors

AP Benefit Advisors, one of the nation’s largest and best-equipped full-service benefits consulting and brokerage firms, announces today the acquisition of announces today the acquisition of StoudtAdvisors. The independent insurance broker specializes in employee benefits programs and human resources consulting services to businesses of all sizes in Central Pennsylvania and beyond. Its 14 employees will […]

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IRS Releases Draft 2015 Forms 1094 and 1095

On Tuesday of this week, the IRS release 2015 versions of Form 1094 and 1095. These will be used to report information that is needed to satisfy and comply with both the Individual Mandate and the Employer Shared Responsibility provisions of the Affordable Care Act (in addition to assisting with the complex evaluation process for […]

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Webinar: Affordable Care Act – Employer Reporting and Compliance Update

Join AP Benefit Advisors General Counsel and Vice President-Compliance, Patrick Haynes, for this complimentary webinar, as he reviews reporting and compliance pertaining to IRS Sections 6055 and 6056. Noncompliance penalties relating to violations are significant, and can result in fines up to $1.5 million. Many employers are struggling to understand all reporting requirements, what to […]

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Webinar: ACA and Medicaid Migration Benefits – Helping Employees Increase Coverage While Reducing Employer Costs

Join us for this concise, and informative webinar about Medicaid Migration Benefits and how larger employers can help employees increase coverages, reduce employer health plan costs and ensure ACA compliance. Employers that migrate low-wage workers to Medicaid can significantly reduce healthcare expenses while still meeting the ACA Employer Mandate. This solution provides low-wage employees and […]

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AP Benefit Advisors Acquires Benefits Agency WorkforceTactix, Inc.

  AP Benefit Advisors, one of the nation’s largest and best-equipped full-service benefits consulting and brokerage firms, announces today the acquisition of WorkforceTactix, Inc., a Maryland based employee benefits and HR professional services consulting firm. The firm’s 36 associates will join AP Benefit Advisors, an AssuredPartners subsidiary in Hunt Valley, Maryland, but will continue to […]

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HHS Seeks Public Comments on HIPAA Health Plan Identifiers

from EBIA HHS has issued a request for information (RFI) seeking public comments regarding whether changes should be made to its policy on health plan identifiers (HPIDs). As background, HIPAA—enacted in 1996—required HHS to adopt standards for a unique identifier for health plans to use in standard transactions. Congress subsequently established—as part of health care […]

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Top Benefits Regulation Updates

New and revised benefits and compliance regulations continue to pour forth in the aftermath of the epic legislation in recent years. The latest updates cover a broad array of laws and regulations that apply to a wide range of businesses across the United States. Failing to understand requirements, opportunities, and the state of employee benefits […]

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PCORI or CERF? Whatever you call it, remember that the IRS raised the fee.

With the release of Internal Revenue Service Notice 2014-56, the IRS provided the adjusted applicable dollar amount for the third filing of the Patient-Centered Outcomes Research Institute fee [Research Fee, PCORI or CERF (Comparative Effectiveness Research Fee)]. The adjusted dollar amount for plan years beginning November 1, 2013 through October 1, 2014 is $2.08 (that’s […]

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