ACA Archives - Page 2 of 11 - Employee Benefits I AP Benefit Advisors

HRCI & SHRM Pre-Approved Webinar | Essentials of ACA Reporting Requirements & 401(k) Plan Administration

Join us for this HRCI* and SHRM** pre-approved, complimentary, one-hour webinar as Olivia Ash, JD, MD, Compliance Consultant with ComplianceDashboard, LLC, reviews the essentials of ACA reporting requirements to help reduce feelings of compliance “unease.” She’ll also cover the “big rocks” relating to administration and operation of a 401(k) plan, including an introduction into the […]

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2019 3rd Quarter Compliance Update

Topics include: Medicare Part D Notices Rx Plans May Exclude Value of Drug Manufacturers’ Coupons Until Further Notice Summary Annual Reports Agencies Finalize Mental Health Parity Resources Affordable Coverage MLR Rebates ACA Pay or Play Still Applies ACA Reporting 2019 And more! Read Now For more information, contact info@apbenefitadvisors.com. The information contained in this post, […]

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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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IRS Expands List of Preventive Care for HSA Participants

Please note:  In prior guidance, the IRS/Treasury have not included preventive care services or benefits meant to treat an existing condition.  With Notice 2019-45 that is changing for the better. Important Factors:   Under a notice issued Wednesday, July 17, 2019, HDHP enrollees can deduct contributions to a HSA (Health Savings Account) for some care […]

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HRCI & SHRM Pre-Approved Webinar | 2019 Mid-Year Review – Your Compliance Checkup!

Join us for this HRCI* and SHRM** pre-approved, complimentary, one-hour webinar as our General Counsel and VP of Compliance, Patrick Haynes, reviews the first-half of 2019 and provides a compliance checkup that you won’t want to miss. Patrick will cover: Changes to the Affordable Care Act (ACA) ERISA/Section 125 Best Practices Federal Government’s Approach to […]

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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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Judge Strikes Down Association Health Plan Rule

By now you have probably seen or heard the news that the new rules governing association health plans (AHPs) have been struck down. Although true, this is not yet in effect. The judge in this case has remanded the final rule back to the DOL to consider whether two specific provisions of the rule can […]

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Upcoming Filing Deadlines: Annual Prescription Drug Notice, HIPAA Breach Report & ACA Reporting

As we head into the last couple days of February, we want to take this opportunity to remind employers about the following upcoming filing deadlines: Annual Prescription Drug Notice Group health plans must notify the Centers of Medicare and Medicaid Services (CMS) each year regarding whether the group health plan’s prescription drug coverage offered to […]

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