by Lisa L. Carlson | May 30, 2018 | Employer Mandate, Health Reform / ACA
The IRS has announced a three-tenths of 1 percent increase in the Affordable Care Act’s (ACA) employer mandate affordability threshold for 2019. A minimum value healthcare coverage offer to an employee won’t be considered “affordable” in 2019 unless the employee’s...
by Mark Holloway | March 20, 2018 | ACA Repeal and Replace, Compliance Services, Employer Mandate, Health Reform, Health Reform / ACA, Individual Mandate
This week marks the eight-year anniversary of the Affordable Care Act (ACA). In that span the law has survived numerous legal challenges, including more than one decision from the US Supreme Court. In a landmark decision in 2012, the high court ruled that the ACA...
by Ed Fensholt | November 9, 2017 | Compliance Services, Employer Mandate
As we noted in a recent Lockton Legislative Update, the IRS recently updated its online Q&A regarding enforcement of the Affordable Care Act’s employer mandate. Through its update, the IRS made clear it expects to deliver its first employer mandate penalty...
by Ed Fensholt | October 23, 2017 | ACA Repeal and Replace, Employer Mandate, Health Reform, Health Reform / ACA, Individual Mandate, Reporting & Disclosure
The Affordable Care Act (ACA) imposes health insurance coverage mandates on individuals and employers, but to this point the IRS has been slow to enforce the mandates. That may no longer be the case as the IRS signals it is prepared to begin an enforcement effort in...
by Mark Holloway | March 1, 2016 | Employer Mandate
Your Auditor May Want to Know. After close to six years, the Affordable Care Act (ACA) has matured into the massive regulatory behemoth we always feared it would be. After some fits and starts, including delays and transition rules, 2016 marks the first year of...
by Mark Holloway | August 31, 2015 | Employer Mandate
The Internal Revenue Service (IRS) has revisited its fascination with so-called Minimum Value (MV) Lite plans that, as originally designed, claimed to satisfy the Affordable Care Act’s (ACA’s) minimum value health plan standard without covering inpatient...