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HCR Updates

IRS Confirms ACA Mandate Penalties Still Effective

IRS Confirms ACA Mandate Penalties Still Effective
The Internal Revenue Service (IRS) Office of Chief Counsel has recently issued several information letters regarding the Affordable Care Act’s (ACA) individual and employer mandate penalties. These letters clarify that: IRS Confirms ACA Mandate Penalties Still Effective 8-3-17

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Senate Releases Draft ACA Replacement Bill

Senate Releases Draft ACA Replacement Bill
On June 22, 2017, Republicans in the U.S. Senate released a draft of their proposal to repeal and replace the Affordable Care Act (ACA), called the Better Care Reconciliation Act (BCRA). The Senate bill closely mirrors the proposal passed in the House of Representatives—the American Health Care Act (AHCA)—with some differences. Senate Releases Draft ACA […]

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ACA Overview – Highlights for 2017 Compliance

ACA Overview – Highlights for 2017 Compliance
The Affordable Care Act (ACA) has made a number of significant changes to group health plans since the law was enacted in 2010. Many of these key reforms became effective in 2014 and 2015, including health plan design changes, increased wellness program incentives and the employer shared responsibility penalties. hcr-highlights-for-2017-compliance

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ACA Compliance Bulletin – 2016 Furnishing Deadline for ACA Reporting Delayed

ACA Compliance Bulletin – 2016 Furnishing Deadline for ACA Reporting Delayed
On Nov. 18, 2016, the Internal Revenue Service (IRS) issued Notice 2016-70 to: Extend the due date for furnishing forms under Sections 6055 and 6056 for 2016 for 30 days, from Jan. 31, 2017, to March 2, 2017; and Extend good-faith transition relief from penalties related to 2016 information reporting under Sections 6055 and 6056. […]

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Impact of the ACA in U.S. Territories

Impact of the ACA in U.S. Territories
The Affordable Care Act (ACA) makes significant changes to the U.S. health care system, including new coverage requirements, patient protections and cost limitations. impact-of-the-aca-in-u-s-territories-10-31-16

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Articles

Final Forms for 2017 ACA Reporting Released

Final Forms for 2017 ACA Reporting Released
On Sept. 28, 2017, the Internal Revenue Service (IRS) released final 2017 forms for reporting under Internal Revenue Code (Code) Sections 6055 and 6056. Final Forms for 2017 ACA Reporting Released 10-2-17

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Senate Releases Draft ACA Replacement Bill

Senate Releases Draft ACA Replacement Bill
On June 22, 2017, Republicans in the U.S. Senate released a draft of their proposal to repeal and replace the Affordable Care Act (ACA), called the Better Care Reconciliation Act (BCRA). The Senate bill closely mirrors the proposal passed in the House of Representatives—the American Health Care Act (AHCA)—with some differences. Senate Releases Draft ACA […]

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Affordability Percentages Will Decrease for 2018

Affordability Percentages Will Decrease for 2018
On May 5, 2017, the Internal Revenue Service (IRS) issued Revenue Procedure 2017-36 to index the contribution percentages in 2018 for purposes of determining affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2018, employer-sponsored coverage will be considered affordable if the employee’s required contribution for self-only coverage […]

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IRS Announces HSA-HDHP Limits for 2018

IRS Announces HSA-HDHP Limits for 2018
On May 5, 2017, the Internal Revenue Service (IRS) released Revenue Procedure 2017-37 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2018. These limits include: IRS Announces HSA-HDHP Limits for 2018

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Future of Certain ACA Taxes and Fees

Future of Certain ACA Taxes and Fees
Several steps have been taken in 2017 toward repealing the Affordable Care Act (ACA), including the introduction of the American Health Care Act (AHCA). Although the AHCA was withdrawn by Republicans, Congress may choose to pursue another ACA repeal and replacement bill in the future. Future of Certain ACA Taxes and Fees 3-30-17

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Newsletter

Live Well, Work Well – October 2017

Live Well, Work Well – October 2017
Halloween should be an exciting time of year for children and their parents, but too often the celebration devolves into tragedy. This season, make safety the top priority for your family. Live Well, Work Well – October 2017

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HR Brief – October 2017

HR Brief – October 2017
A federal judge struck down the Department of Labor (DOL) overtime rule, which would have raised the Fair Labor Standards Act (FLSA) minimum salary threshold from $23,660 to $47,476. HR Brief – October 2017

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Benefits Buzz – October 2017

Benefits Buzz – October 2017
The U.S. District Court for the District of Columbia has directed the Equal Employment Opportunity Commission (EEOC) to reconsider its final wellness rules under the Americans with Disabilities Act (ADA) and the Genetic Information Nondiscrimination Act (GINA). Benefits Buzz – October 2017

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Live Well, Work Well – September 2017

Live Well, Work Well – September 2017
Opioid addiction is a growing epidemic in the United States, with opioid overdoses killing 91 Americans every day. In 2015 alone, more than 33,000 people died from an opioid overdose. Read on to learn more about opioids and to learn how to recognize the signs of opioid addiction. Live Well, Work Well – September 2017

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HR Brief – September 2017

HR Brief – September 2017
On July 17, 2017, U.S. Citizenship and Immigration Services (USCIS), part of the U.S. Department of Homeland Security, issued an updated version of Form I-9: Employment Eligibility Verification (Form I-9). Under federal law, every employer that recruits, refers for a fee or hires an individual for employment in the United States must complete a Form […]

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