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…
In This Issue Draft Forms for 2023 ACA Reporting Released The IRS has released draft 2023 forms for reporting under Internal Revenue Code Sections 6055 and 6056. Draft instructions these forms have not yet been released. 2023 draft Forms 1094-B and 1095-B are drafts of…
Consolidated Appropriations Act and Mental Health Parity FAQs HSA Limits Increase for 2022 IRS Issues Guidance on Taxability of DCAP Benefits for 2021 and 2022 Consolidated Appropriations Act and Mental Health Parity FAQs The Consolidated Appropriations Act, 2021 (CAA) amended the Mental…
Congress Passes the American Rescue Plan Act of 2021 ARPA’s COBRA Subsidy Provisions IRS Publishes Guidance for 2021 Employee Retention Credit DOL Issues FAQs, Model Notices for COBRA Subsidy Under ARPA Congress Passes the American Rescue Plan Act of 2021 Congress…
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).