Blog

On Thursday, December 17th, Congress approved a year-end budget package-including a two-year postponement of the Affordable Care Act's (ACA) "Cadillac tax" on higher-cost insurance policies.

With tax season around the corner, and the deadlines for the first round of ACA IRS reporting approaching, we want to provide a brief review on the new reporting provisions under sections 6055 & 6056 of the Internal Revenue Code.

Five years later, on November 13, 2015, the ACA enforcement agencies (DOL, HHS, IRS) jointly published final rules on several 2010 Affordable Care Act (ACA) provisions.

On Monday, November 2nd, President Obama signed the Bipartisan Budget Act of 2015 in which Congress repealed the requirement that large companies automatically enroll employees in employer health plans.

Each year, group health plan sponsors that provide prescription drug coverage to Medicare eligible individuals must disclose whether that coverage is "creditable," meaning it is expected to pay on average as much as the standard Medicare prescription drug plan.

Each year, group health plan sponsors that provide prescription drug coverage to Medicare eligible individuals must disclose whether that coverage is "creditable," meaning it is expected to pay on average as much as the standard Medicare prescription drug plan.

To assist you in determining your FT/FTE totals we have several tools available.

On July 30, 2015, the IRS issued a second notice regarding the ACA's 40% Excise Tax on "high cost employer-sponsored health coverage," commonly referred to as the Cadillac tax.

Marshall & Sterling recently hosted a webinar on the ACA's Cadillac Tax and we want to make sure you have access to this important information.

As a valued Marshall & Sterling client, we want to alert you of a new law which drastically increases penalties for insurers and employers that fail to comply with the new Affordable Care Act (ACA) Minimum Essential Coverage (MEC) and Large Employer reporting requirements first due in 2016.