Resources

Federal Departments Issue FAQs on ACA’s Contraceptive Coverage Mandate

Key Considerations Given the federal government’s focus on contraceptive coverage, employers should review their health plan’s contraceptive coverage for compliance with the ACA’s mandate. Employers…

Deadline Alert: Mark Your Calendar for ACA Reporting Requirements

Organizations required to adhere to Affordable Care Act (ACA) reporting obligations according to Internal Revenue Code Sections 6055 or 6056 should get ready to meet…

New FAQs Issued on Preventive Care Coverage Requirement Following Braidwood Decision

On April 13, 2023, the Departments of Labor, Health and Human Services, and the Treasury (Departments) issued frequently asked questions (FAQs) regarding the Affordable Care…

Compliance Update: Employer Reporting of Health Coverage —Code Sections 6055 & 6056

The Affordable Care Act (ACA) created reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these rules, certain employers must provide information…

2021 ACA Reporting Released Draft Forms

Important Dates January 31, 2022 – Individual statements for 2021 must be furnished by Jan. 31, 2022. February. 28, 2022 – Paper IRS returns for 2021 must…

Challenge to the ACA’s Individual Mandate Rejected by Supreme Court

The U.S. Supreme Court rejected a lawsuit challenging the constitutionality of the Affordable Care Act’s (ACA) individual mandate in a 7-2 ruling on June 17th,…

HHS Extends Transition Policy for Non-ACA Compliant Health Plans

All non-compliant plans renewed under the Department of Health and Human Services (HHS) extended an existing transition policy on January 19, 2021, for certain health plans…

IRS Issues Final Rule on Pay or Play and Nondiscrimination Rules for ICHRAs

Since 2020, employers have been able to help employees pay for individual health insurance by offering individual coverage HRAs (ICHRAs). A final rule establishing ICHRAS was published…

Upcoming ACA Reporting Deadlines

Affordable Care Act (ACA) recently announced that reporting under Section 6055 and Section 6056 for the 2020 calendar year is due in early 2021. Specifically,…