From category archives: Newsline
GA-ACA Employer Provisions
The Department of Health and Human Services Feb. 25 published a final rule on the definition of essential health benefits and determining actuarial value in the individual and small group markets and on determining the minimum value standard for large employers. The rule is scheduled to take effect on April 26
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The Departments of Labor, Health and Human Services and the Treasury Jan. 24 released a set of frequently asked questions related to implementation of provisions in the Patient Protection and Affordable Care Act, including notice of coverage requirements and compliance of Health Reimbursement Arrangements with the Public Health Service Act.
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ABC, as part of the Small Business Coalition for Affordable Healthcare, submitted comments Dec. 21, 2012, on a Department of Health and Human Services (HHS) proposal regarding essential health benefits (EHB) and determining actuarial value.
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The Department of Treasury and the Internal Revenue Service Dec. 28, 2012, issued a notice of proposed rulemaking addressing the employer requirements contained in the Patient Protection and Affordable Care Act (PPACA), which is scheduled to take effect Jan. 1, 2014.
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Several new provisions from the Patient Protection and Affordable Care Act (PPACA) are scheduled to become effective beginning next year. To help members understand their responsibilities under the health care law, ABC is providing a round-up of those regulations.
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On Nov. 20, HHS published proposed rules on essential health benefits and determining actuarial value, and on health insurance market reforms. In addition, the IRS, Employee Benefits Security Administration and HHS’ Centers for Medicare and Medicaid Services issued a notice of proposed rulemaking on wellness programs in group health plans.
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For plan years beginning on or after Jan. 1, 2013, the Patient Protection and Affordable Care Act imposes a $2,500 limit on annual salary reduction contributions to health Flexible Spending Accounts (FSAs) offered under cafeteria plans. This is a reduction from the current limit of $5,000.
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The Patient Protection and Affordable Care Act requires employers that issue more than 250 W-2 forms to report the cost of health care coverage under an employer-sponsored group health plan on each employee’s 2012 W-2 form, which generally are required to be provided to employees in January 2013.
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As part of the Employers for Flexibility in Health Care (EFHC) coalition, ABC Sept. 27 submitted comments regarding implementation of the Patient Protection and Affordable Care Act (PPACA) – specifically, on determining full-time employee status and the application of the 90-day waiting period limitation. The comment letter was submitted in response to notices issued by the Departments of Labor, Health and Human Services, and the Internal Revenue Service (IRS).
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The Departments of Labor (DOL), Health and Human Services (HHS) and Treasury on Aug. 31 issued temporary guidance that addresses the 90-day waiting period limitation contained in the Patient Protection and Affordable Care Act (PPACA).
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