From our partner, United Benefit Advisors (UBA) by Danielle Capilla Minimum essential coverage (MEC) is the type of coverage that an individual must have under the Patient Protection and Affordable Care Act (ACA). Employers that are subject to the ACA’s shared responsibility provisions (often called “play...
The employer shared responsibility (i.e., "play or pay") requirements went into effect in 2015 for large employers only (those with 100 or more full-time or full-time-equivalent employees). Read more here...
Employers that do not meet the requirements of the Patient Protection and Affordable Care Act (PPACA) need to be concerned about several potential penalties. Two significant penalties include the excise tax, which can be as much as $100 per affected individual per day, and the...
What exactly is included in the play or pay requirement, which a small employer may be able to ignore and that mid-size employer may not need to meet until later? Find out here...
The Employer Shared Responsibility (ESR) provisions under the Affordable Care Act (ACA) go into effect in January 2015. Read more here...
For many employers, the most important part of these regulations is the transition rule. Full explanation of play or pay regulations here. ...
New changes to regulations are mostly welcoming for employers. Which changes help and hurt? Find out here!...
Latest update from the IRS regarding reporting that plans, employers and insurers will need to provide in support of the individual shared-responsibility and employer shared-responsibility requirements of PPACA. ...
The Official notice from the IRS regarding employer shared responsibility has been released, however it does not explain its implications on other parts of the ACA. For now, you can see what the delay does affect, what's still required and what's next. ...