by Todd | Jun 19, 2019
Information about the Comparative Effectiveness Research Fee in 2019 The Affordable Care Act imposes an annual fee called the Comparative Effectiveness Research Fee (CERF) on insurers and plan sponsors of self-insured coverage to help fund the Patient-Centered...
by Todd | Jun 17, 2019
Final Rule Issued Allowing HRAs to be Used for Individual CoverageJune 17, 2019 On June 13, the U.S. Departments of the Treasury, Labor, and Health and Human Services (tri-agencies) issued a final rule allowing employees to use the dollars in employer-funded Health...
by Todd | Jan 26, 2018
The IRS issued Notice 2018-06 on Dec. 22, 2017, which extended by 30 days the 2018 due date for distributing 2017 health coverage information forms 1095-C or 1095-B to employees, regarding the health care coverage offered to them. The new deadline for supplying these...
by Todd | Jan 26, 2018
During the first week of October 2017, the Internal Revenue Service published final forms and instructions to help employers prepare for reporting on health coverage they offered to their employees in 2017 year. The forms must be distributed to employees and filed...
by Todd | Feb 3, 2016
The forms for 1094 and 1095 healthcare reporting are available online from the Internal Revenue Service website. As a refresher: Form 1094-C is used by employers to give an overview of their plan and cost, and to prove they offered minimum essential coverage to their...
by Todd | Jan 28, 2016
Employer reporting requirements and information on Forms 1095 and 1094 6055 Overview – Minimum Essential Coverage Reporting Section 6055 requires health insurers and sponsors of self-insured plans to report on Minimum Essential Coverage (MEC) to the IRS annually. The...