Laws Reduce Plan Sponsor ACA Reporting Burden
Two new laws which took effect Jan. 1, 2025 will ease the Affordable Care Act annual tax reporting burden on health plan sponsors. In a bipartisan effort, Congress recently passed the Employer Reporting Improvement Act and the Paperwork Burden Reduction Act,
Large Employers Must File ACA Forms, Not the Insurers
One mistake more and more employers are making is failing to file the required Affordable Care Act tax-related forms with the IRS. If you are what's considered an "applicable large employer" (ALE) under the ACA, you are required to file with
HHS Proposes Higher Cost-Sharing Limits for 2022
The Department of Health and Human Services has proposed cost-sharing limits that would apply to all Affordable Care Act-compliant health insurance policies for the 2022 policy year. The ACA imposes annual out-of-pocket maximums on the amount that an enrollee in a