ACA affordability Archives - Employee Benefits I AP Benefit Advisors

ACA Limits, Penalties and Fees – 2014 thru 2020

Employer Shared Responsibility (Employer Mandate) Plan Years 2020 2019 2018 2017 2016 2015 2014 Affordability Safe Harbor Percentage 9.78% 9.86% 9.56% 9.69% 9.66% 9.56% 9.50% Employer Mandate Penalties – Calendar Year Penalties 2020 2019 2018 2017 2016 2015 2014 Tier One: Failure to offer coverage or to offer to 95% of employees (70% for 2015) […]

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ACA Limits, Penalties and Fees – 2014-2019

Employer Shared Responsibility (Employer Mandate) Plan Years 2019 2018 2017 2016 2015 2014 Affordability Safe Harbor Percentage 9.86% 9.56% 9.69% 9.66% 9.56% 9.50% Employer Mandate Penalties – Calendar Year Penalties 2019 2018 2017 2016 2015 2014 Tier One: Failure to offer coverage or to offer to 95% of employees (70% for 2015) $2,500 $2,320 $2,260 […]

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3rd Quarter Compliance Newsletter

In this quarter’s Compliance Newsletter: Medicare Part D Notices Summary Annual Reports Due ACA Reporting Affordable Health Plans in 2019 & 2019 Affordability Percentage Exchange Model Notice New Model FMLA Forms Health FSA Carryovers Employers Not Required to Provide Specific Requested Reasonable Accommodations MLR Rebates Federal Court Approves $115 Million Settlement Save American Workers Act […]

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Opt-Out Payment 180! And, ER Shared Responsibility Payments Indexed.

Departments change their minds on opt-out guidance:  Until future guidance is issued, opt-out payments under existing opt-out arrangements (as defined in the Notice) are not added to the stated cost of the employer’s lowest cost self-only health coverage for ACA affordability test purposes. As you may recall from prior meetings, webinars and other presentations, beginning […]

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