On July 25, 2017, the Department of Labor (DOL) released All Agency Memorandum #25 (AAM), which serves as the DOL's annual announcement of the adjustment of the Health & Welfare (H&W) fringe benefit rate for employees working under contracts governed by the Service Contract Act (SCA).
The routine aspect of the AAM provides that effective as o ... Read More
Category Archives: ACA
It’s that time of year again.
The Affordable Care Act imposes an annual fee called the Comparative Effectiveness Research Fee (CERF) on insurers and plan sponsors of self-insured coverage to help fund the Patient-Centered Outcomes Research Institute. The fee is based on the average covered lives for the applicable plan year.
IRS Notice 2016 ... Read More
On March 6, 2017, House Republicans introduced two coordinated bills to the Ways and Means Committee and the Energy and Commerce Committee designed to repeal and replace the Affordable Care Act (“ACA”). The bills are collectively referred to as the “American Health Care Act” (which will be referred to hereafter as the “Proposed Legislatio ... Read More
January came and went, as did the January 27 budget resolution deadline for a report on the Affordable Care Act (ACA) reconciliation. Highlighted by the missed target date is the need for employers to continue compliance efforts until Congressional leadership can materialize legislation.
Congressional Republicans emerged late last month from a ... Read More
This is an early reminder that employers with insured plans/HRA arrangements are required to report and pay the 2015 ACA Patient-Centered Outcomes Research Institute (PCORI) fees for the HRA plan no later than July 31, 2016. The IRS has adjusted the ACA fee amount for this year to $2.17 per insured life.
As in previous years, employers must repo ... Read More