As the Employer Mandate compliance deadline looms for employers under the Affordable Care Act (“ACA”) and employers are closely monitoring employee hours, it is critical that employers take appropriate and lawful steps to record all hours worked by an employee.
The Affordable Care Act—Countdown to Compliance: Hacking the Affordable Care Act’s $100/Day Penalties for Insurance Market Reform Violations
Particularly with the issuance of final regulations under the Affordable Care Act’s employer shared responsibility rules, employers have been concerned—justifiably—with the pay-or-play penalties.
New Data Shows Higher Healthcare Costs in Second Half of 2013 – is This a Result of the Affordable Care Act?
Will insurance expansion and industry consolidation result in higher healthcare costs, at least in the short term, and further stress the economy and the healthcare industry?
Late last week, President Obama announced that more than 8 million had people signed up for health insurance under the Affordable Care Act.
Effective in 2015, PPACA requires that employers “report” information about the health coverage they offer to employees.
Concurrently with its April 2014 update of February 2014 projections of federal revenues and spending through 2024, the Congressional Budget Office revised its projection of how the Affordable Care Act will change insurance coverage, federal spending and revenues.
In today’s New York Times online, there is an article titled “Tax Preparers’ New Role: Health-Coverage Advisers.”
Probably not yet, on net, this year, seems to be the correct answer, though temp staffing is trending upward. Here are three charts that we created from data obtained from the Bureau of Labor Statistics.
The Affordable Care Act—Countdown to Compliance for Employers: Stalking the Elusive “Variable Hour Employee”
For “applicable large employers” (i.e., generally, those employers who employed an average of at least 50 full-time employees on business days during the preceding calendar year), determining which employees are “full-time” employees is central to their efforts to comply with the employer shared responsibility provisions of the Affordable Care Act.
On April 3, the House of Representatives passed the “Save American Workers Act”, which modifies the definition of “full-time worker”under the Affordable Care Act from 30 hours to 40 hours.