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...
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...
The National Association of Health Underwriters recently published an article about the Cadillac Tax. The Cadillac Tax is set to go into effect in 2018. It will apply a 40% excise tax on the amount of the aggregate monthly premium of each primary insured individual...
Employer Shared Responsibility Provision, a.k.a. “Pay or Play” The Internal Revenue Service (IRS) released the 2014 forms and instructions to be used in reporting health insurance coverage offered by applicable employers, and minimum essential coverage by...
