Understanding ACA Affordability Rates for Your Health Plan

As we head into fall and Open Enrollment season for many employers, it is important to remember that the Affordable Care Act (ACA) is still in place. One of the important provisions of the employer mandate is offering “affordable coverage” to employees. But, what does affordable even mean? According to the ACA rule for 2022, coverage is […]

Your Guide to Filing Your PCOR Fee

The Affordable Care Act (ACA) created the Patient-Centered Outcomes Research (PCOR) fee, which must be paid by group health plans. This funds research through the Patient-Centered Outcomes Research Institute to help patients and those who care for them make better informed decisions about healthcare. If your organization has a fully insured group health plan, no […]

American Rescue Plan Stimulus Package: FAQs for Employers

Co-authored by Katy Stowers. Updated April 12, 2021. The long-awaited $1.9 trillion American Rescue Plan (ARPA) stimulus package signed into law by President Biden on March 11, 2021, is not such a relief to Human Resources and organizational leaders like you. It includes sweeping modifications to COBRA, paid sick leave provisions, and dependent care flexible […]

Understanding the COBRA Subsidy in the American Rescue Plan Stimulus Package

stimulus package

Co-authored by Katy Stowers. Updated April 12, 2021. The long-awaited $1.9 trillion American Rescue Plan (ARPA) stimulus package signed into law by President Biden on March 11, 2021, is not such a relief to Human Resources and organizational leaders like you. It includes sweeping modifications to COBRA paid sick leave provisions, and dependent care flexible […]

COVID-19 Outbreak Period Extension Gives Employees More Time to Change Health Insurance Coverage

One of the more confusing aspects of COVID-19-related benefit legislation is the notion of the outbreak period, which was announced by the Department of Labor (DOL) and Internal Revenue Service (IRS) last spring. The outbreak period was designed to give employees additional time to exercise their rights to change health coverage via the Health Insurance […]

Reporting Requirements for Employers with a High Deductible Health Plan

Updated October 7, 2020. If your organization sponsored a high deductible health plan (HDHP) with employees contributing to a health savings account (HSA), there are unique reporting requirements you must follow to be in compliance with the Affordable Care Act. Contributions made to the HSA by your organization and by employees through salary reduction must […]

W-2 Reporting Planning and Guidance

form w-2

Updated October 8, 2021. As part of the Affordable Care Act (ACA), many employers have Form W-2 reporting requirements. As you head into a new year, here’s a refresher on the three requirements you need to know. 1. Reporting the value of group health coverage provided to employees For the 2021 Form W-2,many employers are […]

Required Annual Compliance Notices for Employees

hourglass on calendar

Updated October 8, 2021 As the majority of employers head into Open Enrollment season, it’s important to look at a few year-end compliance reminders to try to stay ahead of the game. Even if you operate a non-calendar year plan, these items are important and should be addressed before the year is over.

Don’t Miss These Important Benefits Compliance Deadlines

Updated July 6, 2021 It’s that time of year again when schools are dismissing and summer vacation is on the brain. It would be nice if benefits compliance could take a break for the summer too, but unfortunately, that isn’t the case. One of the biggest mistakes we see clients make is missing important filing […]

The Ins and Outs of Health Savings Accounts

With many employers moving to high deductible health plans (HDHPs) to control plan costs, many employees are gaining access to health savings accounts (HSAs) for the first time. HSAs are a hot topic in the benefits world these days. Whether you’re new to HSAs or looking for a refresher, you will find some key questions […]