HIPAA Cyber Attack Response Checklist

Under the Health Insurance Portability and Accountability Act (HIPAA), a covered entity that experiences a ransomware attack or other cyber-related security incident must take immediate steps to prevent or mitigate any impermissible release of protected health information (PHI). The Department of Health and Human Services’ Office for Civil Rights (OCR) has issued a checklist to … Continue reading HIPAA Cyber Attack Response Checklist

ACA Affordability Percentages Decreasing in 2018

On May 5, 2017, the Internal Revenue Service (IRS) issued Revenue Procedure 2017-36 to index the contribution percentages in 2018 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2018, employer-sponsored coverage will be considered affordable if the employee’s required contribution for self-only coverage … Continue reading ACA Affordability Percentages Decreasing in 2018

AUDIT REVEALS PAY OR PLAY ENFORCEMENT ISSUES

OVERVIEW On April 7, 2017, the Treasury Inspector General for Tax Administration (TIGTA) released the results of its audit to assess the Internal Revenue Service’s (IRS) preparations for ensuring compliance with the employer shared responsibility rules and related reporting requirements under the Affordable Care Act (ACA). The TIGTA audit revealed a number of major system … Continue reading AUDIT REVEALS PAY OR PLAY ENFORCEMENT ISSUES

CBO Releases Estimate of Budgetary Effects of ACA Replacement

March 13, 2017 From the Desk of Larry Grudzien Attorney-At-Law Today, the Congressional Budget Office released its estimate of the budgetary effects of the American Health Act. Below is a summary of its findings: The Concurrent Resolution on the Budget for Fiscal Year 2017 directed the House Committees on Ways and Means and Energy and … Continue reading CBO Releases Estimate of Budgetary Effects of ACA Replacement

MARKET STABILIZATION PROPOSED RULE ISSUED

  On Feb. 15, 2017, the Department of Health and Human Services (HHS) issued a market stabilization proposed rule under the Affordable Care Act (ACA). The proposed rule includes new reforms intended to stabilize the individual and small group health insurance markets for the 2018 plan year. Specifically, the rule proposes a variety of policy … Continue reading MARKET STABILIZATION PROPOSED RULE ISSUED

2016 Furnishing Deadline for ACA Reporting Delayed

Overview On Nov. 18, 2016, the Internal Revenue Service (IRS) issued Notice 2016-70 to: Extend the due date for furnishing forms under Sections 6055 and 6056 for 2016 for 30 days, from Jan. 31, 2017, to March 2, 2017; and Extend good-faith transition relief from penalties related to 2016 information reporting under Sections 6055 and … Continue reading 2016 Furnishing Deadline for ACA Reporting Delayed

ACA REPORTING DEADLINES DELAYED

OVERVIEW On Dec. 28, 2015, the Internal Revenue Service (IRS) issued Notice 2016-4 to delay the due dates for filing and furnishing forms under Section 6055 and 6056. The due date for furnishing forms to individuals has been extended from Feb. 1, 2016, to March 31, 2016. The due date for filing forms with the … Continue reading ACA REPORTING DEADLINES DELAYED