Regulation

This week started out with the much anticipated employer responsibility ruling and first shocked us with the additional employer mandate delay. But there’s much more to the ruling that advisers and plan sponsors need to be aware of in the coming months.

Commentary: There are murky new ACA liabilities for your benefit agency. Craig Davidson shares how these potential liabilities lie with insurance protection coverage that you may need.

Being arrested in Chicago for, say, drug possession or assault gets you sent to the Cook County Jail to be fingerprinted, photographed and X-rayed. You’ll also get help applying for health insurance.

The employer coverage mandate and other ACA requirements relevant to employer sponsors of health and welfare plans will be discussed in detail as part of the “ACA Update — What Went Right, What Went Wrong — And What Now?” presentation at the Workplace Benefits Renaissance on Feb. 24, 2014.

Only time will tell if the president’s self-declared year of the executive order will solicit more action from Congress on legislation. But what are the immediate implications for employees who heard his State of the Union call for a minimum wage increase?

A long-fought battle to ease the burden of insurance brokers’ licensing procedures moved a step closer to reality on Thursday afternoon. Still, hurdles remain for NARAB, with passage in the House uncertain, and the White House scrutinizing some components of the language.

The legislation meant to cut through the red tape of state-by-state insurance broker licensing is stalled in the Senate as a standalone bill, but has been attached to another bill up for vote soon.

The Internal Revenue Service recently drafted ACA regulations that offer some insight into what will be the associated monetary penalties for individuals who do not take up health care coverage. IRS officials laid out guidelines for what will be deemed as “minimum essential coverage” under the ACA. Officials also offered a breakdown of fines.

To hear it from Vice President Joe Biden, the fight over the Affordable Care Act may be far from over – but he’s certainly interested in recognizing the troops who helped build support for the landmark legislation.

A perspective from bswift's employees on this possible new trend.