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The AP (10/2) reports that Congress yesterday approved “legislation aimed at preventing premium increases that some smaller businesses were expecting next year under President Barack Obama’s health care law.” Currently, the ACA defines small businesses as having up to 50 workers. That number increases to 100 on Jan. 1, 2016. […]
NAHU is happy to share with you that the 2015 1094-B and 1095-B filing requirements for HRAs have been fixed! In early August, the IRS released draft instructions for 1094-B and 1095-B that included HRA filing requirements. NAHU reached out to the Administration regarding the affect this would have on […]
The Congressional Budget Office estimated Tuesday that repealing the Affordable Care Act’s individual mandate would reduce the deficit by more than $305 billion but increase the number of uninsured Americans by 14 million over the next decade, the Washington Times (9/16, Howell) reports. The government would spend “about $100 billion […]
The Internal Revenue System says employers can now do a trial run of their electronic form filing for reporting requirements under the Affordable Care Act, giving nervous employers and their benefit advisers a way to test for readiness in advance of the reporting deadlines. The IRS has recently opened up […]
Congressional Quarterly (8/18, Subscription Publication) reports that fewer employees worked for companies that offered health insurance in 2014 “and that insurance cost them more with higher deductibles, especially for family coverage plans, according to an annual report from the Agency for Healthcare Research and Quality.” The agency said in the […]
The AP (8/5, Alonso-Zaldivar) reports “about 1.8 million households” that received Federal subsidies through the Affordable Care Act “now have issues with their tax returns that could jeopardize their subsidies next year.” Lori Lodes, director of communications for the Centers for Medicare and Medicaid Services, said, “There’s still time, but people need […]
The Wall Street Journal (7/22, A1, Weaver, Subscription Publication) reports on its front page that a Government Accountability Office audit found that while Medicare overhauled its enrollment system and verification of provider information in recent years, up to 23,400 provider addresses – about 2.3 percent – may be invalid. The Centers […]
IRS gives Relief for 2014 HRA Mistakes by Small Employers and 2% S Corporation shareholder-Employees The Affordable Care Act (ACA) prohibits an employer from reimbursing an employee for some or all of the premium expenses incurred for an individual health insurance policy or directly paying a premium for an individual […]
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