Michigan will keep the Large Group Definition as 50+ for employer healthcare rating purposes

Effective immediately Michigan Employers in the 51-100 employee healthcare marketplace will remain defined as a large group. As I mentioned in my post on October 8th when the President signed the PACE Act on the 9th, I hoped that Michigan would follow suit.  They have. What this means is that the 50+ market size will … Continue reading Michigan will keep the Large Group Definition as 50+ for employer healthcare rating purposes

Michigan will keep the Large Group Definition as 50+ for employer healthcare rating purposes

Effective immediately Michigan Employers in the 51-100 employee healthcare marketplace will remain defined as a large group. As I mentioned in my post on October 8th when the President signed the PACE Act on the 9th, I hoped that Michigan would follow suit.  They have. What this means is that the 50+ market size will … Continue reading Michigan will keep the Large Group Definition as 50+ for employer healthcare rating purposes

Breaking News – Obama Signs PACE Act

NAHU is pleased to share with you that President Obama has signed into law the Protecting Affordable Coverage for Employees (PACE) Act. The House of Representatives passed H.R. 1624 on September 28 through voice vote and the Senate, through unanimous consent, passed the legislation on October 1. NAHU was a leading advocate for this legislation, … Continue reading Breaking News – Obama Signs PACE Act

Two Substantive Sides to Debate Over Obamacare’s ‘Cadillac Tax’

By Drew Altman Wall Street Journal October 2, 2015 Democratic presidential candidates Hillary Clinton and Bernie Sanders and a bipartisan group from Congress have come out in favor of repealing the Affordable Care Act’s “Cadillac tax.” Debate over the Cadillac tax on employer-provided health-care plans has been framed by some as a matter of good … Continue reading Two Substantive Sides to Debate Over Obamacare’s ‘Cadillac Tax’

IRS Clarifies Section 6055 Reporting for HRAs

On Sept. 17, 2015, the IRS issued 2015 final instructions for Forms 1094-B and 1095-B, as well as instructions for Forms 1094-C and 1095-C. The finalized instructions provide clarification on Section 6055 reporting requirements for employers that provide health reimbursement arrangements (HRAs) to their employees. The previous draft instructions indicated that separate Section 6055 reporting … Continue reading IRS Clarifies Section 6055 Reporting for HRAs

Guidelines Finalized for Electronic Reporting Under Sections 6055 and 6056

On Aug. 18, 2015, the Internal Revenue Service (IRS) issued a finalized test package and guidelines for employers reporting under Internal Revenue Code Sections 6055 and 6056. The new guidelines and test package are intended to help employers and technology companies securely facilitate the electronic transmission of these reports. Employers filing 250 or more returns … Continue reading Guidelines Finalized for Electronic Reporting Under Sections 6055 and 6056

Employers Preparing for 2016 Open Enrollment

With open enrollment beginning soon for many organizations, it is important for employers to be aware of the legal changes affecting health plans for 2016.To remain in compliance, employers should review and update their health plans as needed and communicate plan changes to employees in an easy-to-understand manner. Employers should consider the following steps as … Continue reading Employers Preparing for 2016 Open Enrollment