Employee Benefits Updates

By Caroline Smith, 07/19/2017
Less than five days after the Senate released the second version of its Better Care Reconciliation Act (BCRA), GOP efforts to repeal and replace the Affordable Care Act (ACA) have failed once again. If the BCRA had any chance of passing, Republicans could lose only two votes. With this difficult number to...
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By Caroline Smith, 07/06/2017
AssuredPartners has released its Compliance Observer Newsletter for the second quarter of 2017. This Newsletter contains information on many employee benefits compliance issues. The following articles, information and important reminders are contained in this Newsletter: Current Status of the Employer Mandate ...
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By Caroline Smith, 07/05/2017
Senate Republicans released their health reform overhaul – the “Better Care Reconciliation Act of 2017” – late last week after weeks of intrigue. Highlights of the Better Care Reconciliation Act (BCRA) can be found below. A vote on the bill was intended to be pushed through by the end of...
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By Caroline Smith, 06/20/2017
As the American Health Care Act (AHCA) has not been signed into law yet, the Affordable Care Act (ACA) is still in effect and the IRS is currently issuing notices to large employers to disclose whether they complied with the ACA reporting duties or not. Large employer ACA reporting was required for 2015 and 2016...
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By Caroline Smith, 06/12/2017
In Revenue Procedure 2017-36, the IRS announced that for plan years beginning in 2018, employer-sponsored health plan coverage will be considered affordable if the employee’s required contribution for self-only coverage does not exceed 9.56% of the employee’s household income for the year (down from...
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