mec plans Archives - Employee Benefits I AP Benefit Advisors

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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Final Individual Mandate Regulations Explain How Employer Contributions Affect Affordability of Employer-Sponsored Coverage

From EBIA The IRS has issued final regulations on health care reform’s individual mandate—the requirement for individuals to either maintain minimum essential coverage (MEC) or pay individual shared responsibility penalties, unless an exemption applies. The regulations provide further guidance on the exemption that applies when employer-sponsored MEC is considered unaffordable. For this purpose, affordability is […]

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Webinar: Innovative MEC Plans Allowable Under ACA – Reducing Employer Penalties

Join AP Benefit Advisors Senior Counsel Patrick Haynes and UnitedHealthcare Vice President Patti Walsh as they review innovative larger employer MEC solutions, and how to differentiate and avoid employer penalties. What are the implications and nuances pertaining to MEC (Skinny) plans, and what can be done to ensure PPACA compliance with these plans? Topics for […]

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Minimum Essential Coverage (MEC) and Transitional Reinsurance Program Fees

Many HR professionals are under the impression that Minimum Essential Coverage (MEC), also referred to as “skinny plans”, was subject to the same Transitional Reinsurance Program fees that are levied against traditional self-insured group plans. However, CMS has been subsequently quoted as saying, that these fees will not apply to MEC plans. The pertinent fees […]

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