On June 22, 2017, Republicans in the U.S. Senate released a draft of their proposal to repeal and replace the Affordable Care Act (ACA). The proposal is being called the Better Care Reconciliation Act (BCRA). Debate is currently occurring that will impact whether and when a vote may be taken regarding this Act. While some [...]Continue Reading →
Posts Tagged 'Individual Mandate'
The IRS recently issued proposed regulations regarding how the Affordable Care Act’s (ACA) health coverage affordability requirements impact opt-out payments. The main items that employers should take note of include: Opt-out payments made under an unconditional opt-out arrangement will increase an employee’s required contribution Opt-out payments made under a conditional opt-out arrangement are disregarded in determining [...]Continue Reading →
To help our clients with their employee communication efforts, we are happy to announce that there is a new animated video available within our CBGconnect portal. This latest video is part of the “Know Your Benefits” series. It highlights key information regarding the individual mandate under the Affordable Care Act. In less than 90 seconds, [...]Continue Reading →
While the employer “pay or play” responsibility rules within the Affordable Care Act have been postponed until 2015, the Individual Mandate has not been delayed. Yes, individuals will still be required to have health insurance in 2014. To assist companies that need to answer questions from their employees regarding this topic, we are happy to [...]Continue Reading →