employer mandate Archives - Employee Benefits I AP Benefit Advisors

IRS Offers Another Extension for 1094s and 1095s

IRS Offers Another Extension for 1094s and 1095s A   The IRS has, once again, come out with a holiday gift for employers. In the recently-released Notice 2019-63, the IRS provided additional reporting relief for employers for the 2019 calendar year. In short, the Notice provides: The due date to provide Forms 1095-C or 1095-B to […]

Read More...

IRS Reporting on Employer and Individual Mandates – Final Instructions

On February 9, 2015, the Internal Revenue Service (IRS) released final forms and instructions for reporting on individual and employer mandates. The instructions and forms will be used by applicable large employers, insurers and employers with self-insured plans. The Final Rules on Minimum Essential Coverage (MEC) and Large Employer reporting were released on March 5, […]

Read More...

Informational Draft Transmittal and Reporting Forms Released by IRS

The Internal Revenue Service recently released initial drafts of forms for use in reporting health insurance coverage offered by applicable employers. Additionally, draft forms for minimum essential coverage by insurers and employers of self-insured plans were released, as well as a forum for public commentary. The draft forms are currently posted at IRS.gov/draftforms as information only. […]

Read More...

IRS Proposes New Rules on Employer Mandate

On Sept. 5, 2013, the IRS released two long-awaited proposed rules governing health care coverage information reporting requirements. These requirements were originally supposed to apply to coverage in 2014 but the IRS has decided to delay these reporting requirements until 2015, in conjunction with the employer mandate delay. [Read prior news about the delay here]. […]

Read More...

PPACA-Obamacare Employer Mandate Pushed Back to 2015

The Employer Mandate portion of PPACA (“The Affordable Care Act”, aka Obamacare) has been pushed back to 2015.  The law’s Individual Mandate has not been pushed back, and neither have PPACA’s taxes and fees. The White House, on the evening of July 2, in a blog posting from Valerie Jarrett, senior advisor to the President, […]

Read More...

IRS and PPACA: New Employer Mandate Guidance

The IRS issued its long awaited proposed rules implementing the employer mandate provisions of the Patient Protection and Affordable Care Act (PPACA) on Friday, December 28th  (Rules here and FAQs here). Under the mandate, a “large employer” (defined as an employer that employs 50 or more full time employees or full-time equivalents (see our prior guidance […]

Read More...