IRS Releases ACA Reporting Forms and Instructions

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...

“If you like your plan, you can keep it”

White House Extends Transition Policy for Canceled Health Plans Millions of Americans received notices in late 2013 informing them that their health insurance plans were being canceled because they did not comply with the ACA’s reforms. President Obama was criticized...

Self Funded Medical Plans – How do they Work?

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...

Update to the Employer Notice of Health Insurance Exchanges

As part of the Affordable Care Act (ACA), employers are required to notify their employees of the coverage options available through the new Health Insurance Exchanges (“Marketplaces”). Originally, employers were required to notify employees by March 1,...