by Jimmy Beatrice | April 22, 2016 | Employee Benefits, Employer Guidance, Health Care Reform, Recommended Articles
It has become increasingly important for Applicable Large Employers (ALEs) to comprehend and familiarize themselves with Section 1411 notices from the Exchange/ Marketplace. When an ALE receives one of these notices, it means that one of their employees recently... by Geralyn Isler | January 11, 2016 | Employee Benefits, Employer Guidance, Health Care Reform
On December 16, 2015 the IRS released IRS Notice 2015-87 providing guidance on the employer-provided health coverage affordability test. The ACA provides that an individual may be eligible for a premium tax credit for coverage on the exchange if the cost of the... by Geralyn Isler | January 11, 2016 | Employee Benefits, Employer Guidance, Health Care Reform
With the signing of the Budget Act of 2015, Congress included a repeal of the Automatic Enrollment provision of the Affordable Care Act. The Automatic Enrollment provision required employers with 200 full-time employees or more to automatically enroll new... by Jimmy Beatrice | December 17, 2015 | Health Care Reform
Lawmakers are looking to delay several parts of the Affordable Care Act (ACA) that would increase taxes, within the new Ominius Budget deal. Included in this agreement is the delay of the Cadillac Tax. This agreement was passed and later signed by... by Jimmy Beatrice | October 14, 2015 | Medicare & Individual, Recommended Articles
On October 9th the Kentucky Health Cooperative (Co-op) announced that they will close effective December 31, 2015 due to significant financial challenges. The state cooperatives were an important part of the Affordable Care Act (Obamacare), but the Center of... by Jimmy Beatrice | October 6, 2015 | Employee Benefits, Health Care Reform
Last week both the Senate and the House of Representatives unanimously decided upon a bill to repeal the definition of a small employer in the Affordable Care Act. The definition of a small employer is currently a state decision where the number of employees... by Jimmy Beatrice | September 15, 2015 | Employee Benefits, Employer Guidance, Health Care Reform
The Affordable Care Act’s high-cost plan tax (HCPT), called the “Cadillac plan” tax, will likely affect employer decisions about their health benefits in the future. This new tax takes effect in 2018 and proposed rules have been released by the IRS... by Geralyn Isler | September 13, 2015 | Employee Benefits, Health Care Reform
The ACA established a Transitional Reinsurance Program to help stabilize premiums for coverage in the individual market during the years 2014 through 2016. The statute requires all fully insured and self-insured group health plans to make contributions...September 9, 2015 | Employee Benefits, Employer Guidance, Health Care Reform
Federal Law requires health insurance carriers and self-funded employers to report health insurance coverage to the IRS using members' (including dependents) Social Security numbers (SSNs). For many years, health insurance carriers did not always require dependent... by Geralyn Isler | July 29, 2015 | Business Benefit News, Employee Benefits, Recommended Articles
We are extremely pleased to announce that our own Gary Beatrice has been selected to be the recipient of the very prestigious NKY Chamber’s 2015 Walter R. Dunlevy Frontiersman award! This award will be presented to Gary at the NKY Chamber’s Annual...
