by Todd | Jun 9, 2015
Recently, your health insurance company may have requested your Social Security number, as well as the Social Security numbers of your spouse and your qualifying dependents. Due to a new reporting requirement, you will need to report qualifying health coverage...
by Todd | May 13, 2015
The IRS recently released the final forms and instructions for Section 6055 and 6056 reporting. Additionally, the IRS released Publication 5196, Understanding Employer Reporting Requirements of the Health Care Law, in order to help employers prepare for reporting in...
by Todd | May 13, 2015
In late February, the Internal Revenue Service (IRS) released Notice 2015-17, which offers guidance on the prohibition of employer payment plans. These plans are arrangements that pay for or reimburse premiums for individual health plans. The notice reiterates that...
by Todd | Apr 4, 2014
Here is a video I made that explains how Self Funded Medical Plans work. I’ve used the diagram you’ll see in this video countless times to help people understand the parts of a self-funded program and how the protections help make the plan budget-able and...
by Todd | May 15, 2013
$6,350 Individual/$12,700 Family Non-grandfathered plans that cover essential health benefits (EHBs) must limit member out-of-pocket expenses for EHBs (in-network) to $6,350 for individual plans and $12,700 for family plans. This applies to plan years beginning on or...
