A recent IRS information letter (2016-0030) reiterates an important point about how the ACA’s employer shared responsibility rules work. In particular, whether an employee is “full-time” under the ACA is determined based on actual hours worked, and not on the number of hours an employee is scheduled to work.
Reflect for a moment on your compliance with the Affordable Care Act’s (ACA’s) employer reporting requirement for 2015. You provided your employees with 1095 tax forms as mandated and managed to check the compliance box. Phew!
Posted by Jill Korsh, Grant Ruttinger and Patrick Travis on February 11, 2014
According to Deloitte’s 2013 Survey of U.S. Employers: Health care costs, benefits, and reform: What’s the next move for employers?, most employers are taking a “wait and see” approach to public health care exchanges under the Affordable Care Act. However, when asked about their likelihood of offering a private exchange to their employees, the majority of employers in all size ranges (from 50 employees to 2500+ employees) said they were at least somewhat likely to adopt a private exchange (see Figure 1). If your company is considering a private exchange, here are some things to think about.
Posted by Rick Wald on December 12, 2013
With Thanksgiving behind us, and colder weather ahead of us, we are officially in the midst of the 2013 holiday season. During this time of year, there are many occasions that bring family and friends around the dining room table for a festive meal. And, for many, these meals bring up the same questions every year: Who gets invited? And who sits where? Holiday seating arrangements can be tricky: there’s often a kids table, certain relatives are best kept at opposite ends of the table, and grandma has to be able to hear her grandson’s latest stories from school.
Posted by Steve Kraus on July 28, 2011
By now, many of the executives I talk with, both in HR and Finance, have realized that health care reform isn’t going away — and by health care reform I don’t mean simply the “poster child” Patient Protection and Affordable Care Act of 2010 (PPACA). Heath care is changing on many fronts, from clinical science to information technology to Medicare and FDA transformation to the very way doctors, hospitals, insurers and patients interact. Every employer is impacted and the issue goes well beyond the compliance aspect of reform that garnered so much attention last year.