Posted on Wednesday, February 12, 2014 1:39 PM By anonymous
The Department of Treasury (Treasury) and the Internal Revenue Service (IRS) Feb. 10 issued a final rule implementing the employer mandate provisions included in the Affordable Care Act (ACA). The final rule makes some changes to the proposed rule issued in December 2012, including phasing in provisions for businesses with 50 to 99 full-time employees and those that offer coverage to most but not yet all of their full-time workers. Generally, ACA mandates that employers with 50 or more full-time equivalent employees offer a certain level of health coverage or be subject to new taxes. A fact sheet issued by the Treasury provides an overview of the phase-in included in the final rule:
Posted on Wednesday, February 5, 2014 1:20 PM By anonymous
An updated summary of employer requirements under the Patient Protection and Affordable Care Act (PPACA) is available for ABC members in a reference document provided by Washington Council Ernst & Young. The document is available on the health care law employer tool kit (login required) on ABC’s website.
Posted on Wednesday, January 22, 2014 11:30 AM By anonymous
President Obama Jan.17 signed into law a $1.01 trillion omnibus appropriations bill (H.R. 3547) that funds all federal agencies for fiscal year 2014. The Senate Jan. 16 passed the appropriations bill by a 72-26 vote and the House Jan. 15, passed the bill by a 359-67 vote. The legislation includes funding decreases for many federal agencies, including the U.S. Department of Labor and the National Labor Relations Board.
Posted on Wednesday, January 15, 2014 12:04 PM By anonymous
On Jan. 9, the Departments of Health and Human Services, Labor and the Treasury issued another set of frequently asked questions regarding implementation of the Affordable Care Act (ACA). The FAQs (Part XVIII) discuss coverage of preventive services, limitations on cost-sharing, and wellness programs and provided guidance on the Mental Health Parity Act.
Posted on Wednesday, November 20, 2013 2:26 PM By anonymous
As part of the Employers for Flexibility in Health Care (E-FLEX) Coalition, ABC Nov. 7 submitted comments to the Internal Revenue Service (IRS) in response to Sept. 9 proposed rules on information reporting by applicable large employers on health insurance coverage offered under employer-sponsored plans and information reporting of minimum essential coverage.
Posted on Wednesday, March 6, 2013 11:21 AM By anonymous
In response to a U.S. House of Representatives subcommittee hearing on the tax provisions contained in the Patient Protection and Affordable Care Act (PPACA), ABC sent a letter that called attention to several provisions that will affect ABC members, including the additional Medicare taxes on wages and investment.
Posted on Wednesday, March 6, 2013 11:00 AM By anonymous
A reference document provided by Washington Council Ernst and Young offers ABC members a summary of employer requirements contained in the Patient Protection and Affordable Care Act (PPACA).
Posted on Wednesday, July 11, 2012 4:35 PM By anonymous
After the U.S. House of Representatives passed the Repeal of Obamacare Act (H.R. 6079) on July 11, ABC offered practical, common-sense health care solutions and continued to advocate for full repeal of the health care law.