Affordable Care Act penalties are set to kick in for as many as 6 million people who didn’t obtain health insurance in 2014. The penalties are as much as one percent of income and will apply to up to four percent of all 2014 taxpayers. Expanded coverage options, financial assistance, and penalties for noncompliance are […]
The Affordable Care Act (ACA) has created additional recordkeeping and reporting requirements for employers, including new forms to file. The IRS has recently released final Forms 1094 and 1095, which were released in draft form with draft instructions in July 2014. These forms will be used to enforce ACA employer penalties and individual mandate and […]
Do your employees struggle with learning about their health benefits? Employees who don’t understand benefits or those who aren’t satisfied with their employee benefits may not be utilizing them to their fullest, which can make costs for the entire organization go up. Many younger employees have the mentality that they are healthy and invincible and […]
U.S. business owners have a tough row to hoe with the Affordable Care Act and its new laws. The one-year delay on the Affordable Care Act mandate is coming to a close in a few months for employers with 100 or more employees, leaving business owners vulnerable to violations, fees, and fines in the thousands […]
National Small Business Week took place May 12th to May 16th this year. The theme was honoring America’s entrepreneurs, and the Small Business Administration used this week to highlight outstanding entrepreneurs and small business owners all across the country. The kickoff event May 12th was at Twitter headquarters in San Francisco, California, with a focus […]
The Centers for Medicare & Medicaid Services released a listing on April 9, 2014, of healthcare and wellness data compiled from hundreds of thousands of providers and their 2012 Medicare payments/billings. This is the first time this kind of data has been available since a 1979 court injunction sealed it. The data set has information about […]
On March 5, the U.S. Department of the Treasury and the Internal Revenue Service released final regulations for information reporting provisions required by certain employers and insurers for Affordable Care Act compliance starting 2015. Employers with more than 50 employees will be required to provide affordable, quality health care coverage, and must prove they are in […]
Covered California has started providing ratings on healthcare plans as required by law, becoming the first state to do so almost two years ahead of time. The Affordable Care Act allows state exchanges like Covered California to operate for a full year before implementing ratings. Now healthcare plans will have ratings between one and four […]
California Senator Hannah-Beth Jackson (D-Santa Barbara) recently authored SB 780, a bill currently working its way through the California legislature. Jackson’s reasoning for creating the bill includes closing a gap between regulation of the Department of Insurance and the Department of Managed Health Care to protect patients. SB 780 SB 780 is designed to get […]
There are many opportunities for discrimination in the workplace, and many laws to prevent and address different forms discrimination. The right HR Solutions can help you understand ways to stay in compliance with nondiscrimination practices with the following laws that protect workers. The Americans with Disabilities Act (ADA) makes it illegal for employers to discriminate against […]