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.
It’s buried deep, in small type, in a set of rules issued almost a year, and thousands of Federal Register pages ago. Here’s the setup.
On April 1, 2014, President Obama signed into law the Protecting Access to Medicare Act of 2014. The primary purpose of the law is to provide a one-year delay of a 24% reduction in payment rates for physicians who participate in the Medicare program.
March 31 was the last day to enroll in a health insurance plan through the federally-facilitated health care exchange. However, like many other Affordable Care Act (“ACA”) deadlines, the March deadline was a soft deadline, as certain consumers may receive additional time to enroll in a health insurance plan.
The Affordable Care Act—Countdown to Compliance for Employers, Week 38: Congress Eliminates Separate Cap On Deductibles
In a rare display of bipartisanship, Congress voted to eliminate the Affordable Care Act’s separate cap on deductibles that applies to individual and small group insurance products. (These limits never applied to large fully-insured groups or to self-funded plans.)