08 Sep IRS Proposes New Section 6055 Reporting Requirements for Self-Insured Employers

Posted at 08:30h in ACA, ClearPath blog, IRS, PPACA

0 Likes

Share

Great article from our partner, United Benefit Advisors (UBA) by Vicki Randall Employers with self-insured health plans are facing new Section 6055 regulations regarding the reporting of minimum essential coverage. The proposed regulation requires self-insured employers to report this information to the IRS on either Form...

Read More

02 Sep Flow Chart of Key Wellness Program Regulations

Posted at 08:30h in ACA, ClearPath blog, Compliance News, Employee Benefits, PPACA, Wellness

0 Likes

Share

A wellness program is any formal or informal program that educates employees about health-related issues, promotes following healthy lifestyles, or encourages employees to make healthier choices. Wellness programs vary greatly and are not always called wellness programs. Some are purely educational and have no financial...

Read More

28 Jun IRS Reporting: Now What?

Posted at 15:00h in ACA, ClearPath blog, Compliance News, Employee Benefits, IRS, PPACA

0 Likes

Share

Original Post from UBABenefits.com By: Danielle Capilla, Chief Compliance Officer at United Benefit Advisors Applicable large employers and self-funded employers of all sizes have now completed the first round of required IRS reporting under the Patient Protection and Affordable Care Act (ACA). The ACA requires individuals to...

Read More

20 Jun Extra, Extra! ACA Tax News, Read All About It!

Posted at 09:00h in ACA, ClearPath blog, Compliance News, Employee Benefits, Health Care Reform, PPACA

0 Likes

Share

Original Post from UBABenefits.com By: Jennifer Kupper, In-House Counsel & Compliance Officer for iaCONSULTING, a UBA Partner Firm The Patient Protection and Affordable Care Act of 2010 (ACA) has many tax provisions written within its 906 pages. I’ll give a brief overview of the taxes, and sprinkle...

Read More

30 Mar When it Comes to the “Cadillac” Tax, There’s No Escaping Death and Taxes

Posted at 10:00h in ACA, IRS, PPACA

0 Likes

Share

Original post ubabenefits.com The 2015 UBA Health Plan Survey data reveals who will not escape the 40% excise tax to take effect in 2020. The “Cadillac” tax, now called the excise tax, was originally set to start in 2018, but legislation passed the end of 2015...

Read More

24 Feb Top 10 Questions about the Minimum Value Penalty

Posted at 10:00h in ACA, ClearPath blog, Health Care Plans, PPACA

0 Likes

Share

Original post ubabenefits.com An employer that offers minimum essential coverage to substantially all of its full-time employees may still owe penalties if the coverage it offers is inadequate because it is not "affordable" or it does not provide "minimum value." It also may owe penalties on...

Read More

15 Feb Minimum Value: HRA Contributions and Flex Credits

Posted at 05:00h in ACA, ClearPath blog, PPACA

0 Likes

Share

The Internal Revenue Service (IRS) recently issued a final rule that clarifies various topics relating to the Patient Protection and Affordable Care Act (ACA) and premium tax credit eligibility provisions. ...

Read More

03 Feb What employees need to know now to file tax forms for PPACA

Posted at 05:00h in ACA, ClearPath blog, Employee Benefits, Employee Communication, Helpful Tips, IRS, PPACA, Workplace

0 Likes

Share

It is important for employers to educate individual taxpayers on what they are required to do and when and how to complete these requirements in the easiest and most efficient manner. ...

Read More

12 Jan Compliance Recap: December 2015

Posted at 12:03h in ACA, ClearPath blog, Compliance News, PPACA

0 Likes

Share

The year 2015 went out with a bang, as federal agencies and the White House issued a number of major delays relating to employee benefits. Read more...

Read More

08 Jan IRS final rule on Minimum Value

Posted at 05:10h in ACA, ClearPath blog, Health Care Reform, PPACA

0 Likes

Share

In December 2015, the Internal Revenue Service (IRS) issued a final rule that clarifies various topics relating to the Patient Protection and Affordable Care Act (ACA) and premium tax credit eligibility provisions. The rule finalizes regulations that were proposed years earlier....

Read More