The Affordable Care Act (ACA), also known and commonly referred to as Obamacare, can result in a penalty against large employers that don’t offer coverage to their eligible employees. These penalties are often referred to as Employer Shared.
Before the ACA, annual renewals were all about price negotiation, but now companies are looking to their brokers for help with ACA compliance, and compliance with other laws such as the Employment.
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Government regulations will continue to have an impact on employee benefits in 2016, and employers, HR staff, and benefits administrators need to pay attention to the following issues.
Late 2015 saw so much legislative and regulatory change to the Affordable Care Act (ACA) that it was difficult to keep up with it all. Heading into 2016, it’s important for employers to understand what has already happened, what the ACA means.
Late 2015 saw so much legislative and regulatory change to the Affordable Care Act (ACA) that it was difficult to keep up with it all. Heading into 2016, it’s important for employers to understand what has already happened, what the ACA means today.
The IRS and U.S. Treasury are extending the due dates for ACA reporting in order to help companies that are having trouble with this daunting task.
New rules under the Affordable Care Act (ACA) have created big changes and costs for employers and industries who haven’t provided group health benefits in the past. These include convenience retail, restaurants, home health care, nursing homes,.
With the changes brought about by the Affordable Care Act (ACA), understanding and accounting for accurate employee headcount has taken on a new urgency. Knowing how many full-time employees and full-time employee equivalents your company averaged.
While the next phase of the Affordable Care Act is still a few years off, it’s causing anxiety already. The “Cadillac tax” is an excise tax on high end health plans offered by employers set to take effect in 2018. It’s a 40 percent charge on health.
PAYDAY Workforce Solutions provides a single database SAAS solution for Human Capital Management (HCM) including payroll, human resources, time management, benefits administration and onboarding to companies of all sizes and in various industries.
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