On Wednesday, April 6, 2016, the DOL (United States Department of Labor) issued final regulations on the new SBC (Summary of Benefits and Coverage) template and related documents, intended for use as of April 1, 2017. Final documents and a completed sample SBC are available on the DOL website, see the link below. PPACA (aka […]
Read More...If you want to see 10 pages of health reform in a 1 page timeline (well, 1 page for Employer and 1 page for Employees) then please visit our website (www.apbenefitadvisors.com/news). But, if you are looking for details specific to just a certain year or plan, then you can’t do better than this implementation […]
Read More...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 […]
Read More...The Departments of Labor, Treasury and Health and Human Services (DOL, IRS, HHS) have jointly issued final regulations coverage a number of health care reform topic, many dating back to 2010’s initial implementation of the Affordable Care Act (PPACA). These include: Appeals and Review of Claims Dependent Coverage Designating a Primary Care Physician Emergency Care […]
Read More...If you want to see 10 pages of health reform in a 1 page timeline (well, 1 page for Employers and 1 page for Employees) then please visit our website (www.apbenefitadvisors.com/news). But, if you are looking for details specific to just a certain year or plan, then you can’t do better than this implementation timeline […]
Read More...Set out below are additional Frequently Asked Questions (FAQs) regarding implementation of the Affordable Care Act. These FAQs have been prepared jointly by the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (collectively, the Departments). Like previously issued FAQs (available at http://www.dol.gov/ebsa/healthreform/ and http://www.cms.gov/cciio/resources/fact-sheets-and-faqs/index.html), these FAQs answer questions from stakeholders to […]
Read More...The bad news is that the Internal Revenue Service (IRS) has no intention of paying us all a “consulting fee” but, the good news is that they are asking for our advice and input into how they might write the rules related to PPACA’s “Cadillac plan tax”. IRS officials have put the request for commenters’ […]
Read More...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...The Treasury Department and the Department of Health and Human Services are getting ready for the tax-filing season (for tax year 2014) and the onslaught of questions they anticipate about the Affordable Care Act. The Obama Administration has prepared some resources and online tools to help individuals connect with local tax preparation services and determine […]
Read More...The Departments (Departments of Health and Human Services, Labor, and the Treasury) released proposed changes to the regulations regarding SBCs (Summary of Benefits and Coverage) and the uniform glossary that goes with it. These proposed regulations amend the final regulations that were published on 02/14/2012 (the 2012 final regulations) and includes revisions to the templates, […]
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