by AleExpriva | Aug 21, 2015 | ACA, Affordable Care Act, Group Health Insurance, Health Care Reform, Health Insurance
Draft Instructions and Revised Draft 2015 Forms for IRS Reporting Requirements On August 7, the Internal Revenue Service (IRS) released draft instructions and revised draft 1095-B and 1095-C forms to be used for Affordable Care Act (ACA) Minimum Essential Coverage...
by AleExpriva | Jul 29, 2015 | ACA, Affordable Care Act, Group Health Insurance, Health Care Reform, Health Insurance, SHOP, Small Business
Our last post, Group Health Insurance: Notice of Coverage Options, also included in our lattest Expriva News, rose a huge contraversy. Many of you emailed us with a lot of questions. One of the most frequently asked questions was: What is a full-time equivalent (FTE)...
by AleExpriva | Jul 16, 2015 | ACA, Affordable Care Act, Group Health Insurance, Health Care Reform, Health Insurance
Under the Affordable Care Act, employers with more than 50 full-time equivalent (FTE) employees must provide a one-time Notice of Coverage Options to all employees – even part time employees and regardless of whether or not coverage is offered. This notice helps build...
by AleExpriva | Jul 7, 2015 | ACA, Affordable Care Act, Group Health Insurance, Health Insurance, Renewal, Small Business
The Affordable Care Act requires all health plan issuers and group health plans to provide eligible employees with a Summary of Benefits and Coverage (SBC). The SBC provides information to better understand your plan and allows you to compare coverage options. This...
by AleExpriva | Jun 26, 2015 | ACA, Affordable Care Act, Federal Marketplace
Yesterday, the Supreme Court of the United States ruled that federal premium assistance tax credits, or subsidies, will continue to be available for qualified individuals who purchase coverage on a Federal Marketplace. The ruling affirmed an earlier decision by the...
by AleExpriva | May 14, 2015 | ACA, Affordable Care Act, Employer Mandate, Group Health Insurance, Health Insurance, Small Business
The ACA does not explicitly mandate that all employers have to offer medical coverage. However, under the reform law, there are two potential penalties. Keep in mind that an employer may continue to offer several plan design options to its employees. To avoid the...
