Category Archives: ACA: Health Care Reform

Exchange Special Enrollment Provided Due to COVID-19

On Jan. 28, 2021, the Centers for Medicare & Medicaid Services (CMS) announced a new special enrollment period (SEP) due to the coronavirus (COVID-19)… Read More »

PCORI Fees Reinstated Through 2029

A federal spending bill enacted at the end of 2019 included several provisions affecting benefit plans. The bill repealed three major taxes and fees under the Affordable Care Act (ACA)—the Cadillac tax, the medical devices excise tax and the health insurance providers fee.

IRS Provides Transition Relief For 2019 ACA Reporting

OVERVIEW On Dec. 2, 2019, the Internal Revenue Service (IRS) issued Notice 2019-63 to: Extend the due date for furnishing forms under Sections 6055… Read More »

FSA Limit will Increase for 2020

OVERVIEW The Affordable Care Act (ACA) imposes a dollar limit on employees’ salary reduction contributions to health flexible spending accounts (FSAs) offered under cafeteria… Read More »

Affordability Percentages will Decrease for 2020

OVERVIEW On July 23, 2019, the IRS issued Revenue Procedure 2019-29 to index the contribution percentages in 2020 for determining affordability of an employer’s… Read More »

Reporting and Paying the PCORI Fees in 2019

The Affordable Care Act (ACA) imposes a fee on health insurance issuers and plan sponsors of self-insured health plans to help fund the Patient-Centered… Read More »

Furnishing Deadline Extended for 2018 ACA Reporting

OVERVIEW On Nov. 29, 2018, the Internal Revenue Service (IRS) issued Notice 2018-94 to: Extend the due date for furnishing forms under Sections 6055… Read More »

Form 5500 Annual Return/Report of Employee Benefit Plan

Each year, employee benefit plan administrators are generally required to file a return/report regarding the plan’s financial condition, investments and operations. The annual reporting… Read More »

Reporting and Paying the PCORI Fees

The Affordable Care Act (ACA) imposes a fee on health insurance issuers and plan sponsors of self-insured health plans to help fund the Patient-Centered… Read More »

ACA Affordability Percentages Will Increase For 2019

HIGHLIGHTS For plan years beginning in 2019, the ACA’s affordability contribution percentages are increased to: 86 percent under the pay or play rules 86… Read More »