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 'Pay or Pay'
Under the ACA, employees (and their family members) who are eligible for coverage under an affordable employer-sponsored plan are generally not eligible for the premium tax credit. The ACA provides that employer-sponsored coverage is considered affordable if the employee’s required contribution for self-only coverage does not exceed a specific percentage of the employee’s household income [...]Continue Reading →
In 2015, a number of key reforms under the Affordable Care Act will become effective. To help your company assess what it may need to do to meet these compliance requirements, CBG Benefits is pleased to provide an updated compliance checklist. Entitled “Health Care Reform: Year-End Checklist for 2015 Compliance“, this document provides insight and [...]Continue Reading →