ACA Archives - Page 11 of 11 - Employee Benefits I AP Benefit Advisors

The IRS Expands Permitted Election Changes for Health Plans under Section 125 Plans

The universe of permitted election changes under a cafeteria plan has been expanded. As with all IRS-permissible-change rules (often referred to by employers under catch-all phrases like “status changes”, “life events”, etc.), employers/plan sponsors have the option to implement these rules or not. With Notice 2014-55, the IRS expanded the permitted election changes to allow […]

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ACA Cancellation Fix Decisions by Region

This chart provides information by state on whether or not late renewals will be allowed within their implementation of the affordable care act and the reasoning behind these decisions. The decisions are varied, and a number have not yet committed. To read more, view the PDF from the National Association of Health Underwriters.

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Comparison Chart from the Council for Affordable Health Coverage

Individuals with existing health insurance are receiving notices from insurers that, as of January 1, 2014, their plan would be cancelled. Plans are being cancelled because they do not meet the Affordable Care Act’s (ACA) new standards, and, as such, would no longer be offered. The ACA did include a so called, “grandfather clause,” which […]

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