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The ACA added new employer reporting requirements under Internal Revenue Code Sections 6055 and 6056, applying to employers that sponsor self-insured plans that provide minimum essential coverage regardless of size, and applicable larger employers.
With 24 Republican senators up for reelection in November 2016, not to mention the presidential election, there is so much set to change for both public and private exchanges.
The Department of Labor issued fresh guidance on how businesses should distinguish between employees and independent contractors, noting misclassification of employees has been on the rise throughout the U.S.
As the Supreme Courts recent ruling in favor of gay marriage in Obergefell v. Hodges changed the landscape of employee benefits across the country, the question of how the courts decision would affect domestic partner coverage moved center stage.
About 6.6 million U.S. taxpayers paid a penalty imposed for the first time this year for not having health insurance, about 10% more than the Obama administration had estimated though a portion didnt need to.
Advisers who excel in the vision field do the best job of making the connection between vision and medical plans, some experts say. Shannon Enders, a founding partner at Lakeshore Employee Benefits in Norton Shores, Mich., says when he brings the idea of connecting vision and health data to clients attention, they quickly become very interested.
Simply making more employees eligible for overtime pay may not mean more workers will necessarily earn those benefits, benefits analysts suggest.
The DOLs proposed definition of fiduciary advice remains worrisomely broad, according to financial and legal experts who are calling upon the industry to flood the DOL with letters of concern about the rules possible implications.
Employers in the 51-100 employee size bracket are anxious about the prospect of being added to the small group market that under the Affordable Care Act currently cuts off at 50 employees (unless states opt to raise it).
Although the Supreme Court upheld subsidies on the exchanges, there remain key aspects of the ACA that broker and employer lobbyist organizations continue to seek to amend and/or repeal.
Fridays landmark ruling on gay marriage poses both challenges and benefits to employers.
The landmark U.S. Supreme Court decision being cheered as a step toward equality is also poised to carry unintended consequences, including some that could make life harder for employees, gay and straight alike.
The Supreme Courts ruling in King v. Burwell that subsides on the federally-facilitated marketplace can continue may present an opportunity for struggling state-based marketplaces to switch to Healthcare.gov, as other challenges remain for exchanges nationwide.
Eliminating subsidies would destabilize the individual insurance market in any state with a federal exchange, Chief Roberts says.
Today, in a 6-3 decision written by Chief Justice Roberts, the Supreme Court ruled in King v. Burwell that subsidies used to purchase health insurance in the 36 states on the federally facilitated marketplace are legal, thus avoiding the death spiral so often referred to by Congress. What does this ruling mean for employers?
A 6-3 decision in favor of the HHS secretary in King v. Burwell means tax credits can continue to be used to purchase health coverage in states using the federal exchange.
An aging workforce, coupled with demands for the latest eyewear fashions, is putting pressure on employer-sponsored vision benefits.
Commentary: Billions of dollars in federal subsidies are on the line in the Supreme Courts highly anticipated King v. Burwell decision expected any day now. What does that mean for the benefits industry?
The public has until July 21 to submit comments on the proposal that would expand the fiduciary standard to thousands of brokers and advisers who provide retirement investment advice.
Most of the 13 state-run public health insurance have collectively spent $4.8 billion in federal funding during their first 17 months of operations and face serious cash-flow problems.
