Tag: ACA

Healthy Employees Make Healthy Businesses

In yesterday’s Advisor, we explored a recent survey that suggested that wellness programs help your employees stay engaged and productive. Today we’ll take a look at a few benefits for creating a wellness program and the basic steps it takes to start one in your workplace.

Agency FAQs Address Many Unanswered ACA Concerns

By Benjamin J. Conley, JD Late last year, the Internal Revenue Service (IRS), U.S. Department of Labor (DOL), and the U.S. Department of Health and Human Services (HHS) issued IRS Notice 2015-87, a series of 26 frequently asked questions (FAQs) addressing a range of unanswered questions under the Affordable Care Act’s (ACA’s) employer mandate and […]

IRS Issues Welcome Clarification on ACA Safe Harbors

By Jennifer Carsen, JD The Internal Revenue Service (IRS) really kicked things into high gear at the very end of 2015. While the rest of us were winding down, hanging out with friends and family, and eating far too many gingerbread men (or perhaps that was just me), the industrious tax elves slipped a few […]

ACA’s Automatic Enrollment Provision Repealed

One of the Affordable Care Act’s many (many) provisions required employers with 200 or more employees to automatically enroll employees into the employer’s lowest-cost healthcare plan if employees failed to either select a plan or opt out of coverage. That provision had not yet gone into effect, however, as enforcement was on hold pending the […]

What Does ‘Play or Pay’ Mean?

It’s a common misconception that the Affordable Care Act (ACA) mandates that large employers provide health insurance for employees. The regulations actually don’t mandate that; instead, the regulations state that employers make a choice: They can choose to offer coverage that meets at least the minimum standards OR they can choose to pay a penalty. […]