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ACA Reporting Deadlines Are Approaching Employers subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 should prepare to comply with upcoming reporting deadlines. For the 2023 calendar year, covered employers must: Furnish statements to individuals by March 1, 2024…
Health Plans Must Expand Price Comparison Tool for 2024 Beginning in 2024, group health plans and health insurance issuers must expand the internet-based price comparison tool available to participants, beneficiaries, and enrollees to include all covered items, services, and drugs. This tool aims to provide…
Upcoming ACA Reporting Deadlines IRS Announces Employee Benefit Plan Limits for 2024 Cost-sharing Limits for 2025 Released Live Well Work Well Holiday Stress Year – End Activity Checklist Hectic Holiday: Battling Holiday Depression and Stress https://healthsure.com/wp-content/uploads/2023/12/Happy-Holidays_2018.mp4 Upcoming ACA Reporting…
Gag Clause Attestation Deadline for Submitting Gag Clause Attestation Is Dec. 31, 2023 Agencies Issue Additional FAQs Regarding the Transparency in Coverage Final Rules Final Forms and Instructions for 2023 ACA Reporting Released Gag Clause Attestation Deadline for Submitting Gag Clause Attestation…
In This Issue Employer Mandate Penalties Will Increase for 2024 Applicable large employers (ALEs) that do not offer affordable, minimum-value health coverage to their full-time employees may be subject to increased penalties under the Affordable Care Act’s (ACA) employer mandate for 2024. ALEs are employers…
IRS Issues Affordability Percentage Adjustment for 2024 GAG Clauses Deadline for Employers to Receive MLR Rebates Is Approaching Ask us about our Learning Management System IRS Issues Affordability Percentage Adjustment for 2024 The Internal Revenue Service (IRS) has released Rev. Proc. 2023-29, which contains the inflation-adjusted…
Take the Community Hospital Insurance Coalition (CHIC) for example. With our expert support and management, more than 30 rural hospitals who have come together to own this medical stop-loss reinsurance company. They are paying less for their insurance, improving benefits program performance, and receiving their share of a significant annual surplus cash distribution (~$2.5 million since inception in 2018).