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President Trump Ends ACA Cost Sharing Reductions | Ohio Benefit Advisors

On the evening of October 12, 2017, President Trump announced that cost sharing reductions for low income Americans in relation to the Patient Protection and Affordable Care Act (ACA) would be stopped. The Department of Health and Human Services (HHS) has confirmed that payments will be stopped immediately. While there is no direct impact to … Continued

U.S. Supreme Court Upholds ACA Subsidy Eligibility on Federal Exchanges

  The Supreme Court issued its opinion in King v. Burwell, holding that the Internal Revenue Service (IRS) may issue regulations to extend tax-credit subsidies to coverage purchased through Exchanges established by the federal government under the Patient Protection and Affordable Care Act (ACA). The six-to-three opinion was authored by Chief Justice John Roberts, who … Continued

Question of the Month: How is PPACA’s “IRS Form W-2 safe harbor” regarding affordability calculated? | Ohio Employee Benefits

By Danielle Capilla, Chief Compliance Officer at United Benefit Advisors Answer: Under PPACA, coverage is considered affordable if it costs less than 9.5 percent of an employee’s household income. Because employers are often unaware of an employee’s household income, there are three safe harbors that an employer can use to determine affordability. One is the … Continued

Two PPACA Taxes Might Get the Ax | Employee Benefits Advisor

By Jennifer Kupper, In-house Counsel for iaCONSULTING, a UBA Partner Firm Section 9010 of the Patient Protection and Affordable Care Act (PPACA) imposes a fee on each covered entity engaged in the business of providing health insurance for United States health risks. This is known as the Health Insurance Providers (HIP) fee or the Health … Continued

PPACA’s Impact on How CDHPs and HSAs Work Together | Employee Insurance Ohio

By Bill Olson, Chief Marketing Officer at United Benefit Advisors Employer health savings account (HSA) funding strategies have changed in recent years in response to the Patient Protection and Affordable Care Act (PPACA) and its impact on employer-sponsored health insurance plans. Employers are contributing less, on average, to HSAs and the increase in popularity of … Continued

Independent Contractor vs Employee | Ohio Benefits Broker

By K. Michael Ward The Wilson Agency A UBA Partner Firm As a business professional who is trying to classify a worker, it is important to remain compliant with the IRS regulations that determine whether an individual providing services to your organization should be classified as an independent contractor or an employee. Furthermore, the “employer … Continued

Employers Need to Prepare for Play or Pay Requirements

Depending on the size of your company, you may have to comply to play or pay requirements in 2015. See what requirements you need and if you expect to pay a penalty in 2015.

Bill bumping ACA to 40-hour work week passes House

The U.S. House of Representatives on Thursday passed legislation that would modify the Affordable Care Act’s definition of a full-time employee from one who works 30-hours a week to one who works 40-hours a week.

Recent Changes in PPACA Employer and Employee Resource Guides

Newly released updated versions of several of the most in-demand PPACA resource guides that includes recent changes in play or pay regulations, compliance and responsibilities.

Compliance Recap for March 2014

March brought some significant reporting requirements under The Affordable Care Act that affect employer’s compliance obligations. Read the most recent reporting requirements released in March here…