The Benefit Administration Blog
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March 3 2016
New Special Enrollment Confirmation Process
Due to concerns about whether current federal Health Insurance Marketplace rules and procedures are sufficient to ensure that only those who are eligible enroll through special enrollment periods, the Centers for Medicare & Medicaid Services (CMS) has created a new …
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January 4 2016
Top 5 New Year’s Resolutions for HR!
The New Year is always a time for fresh starts and forward thinking resolutions. Here are a few HR Resolutions for 2016: 5. Eliminate/Reduce use of paper for things like employee notices and enrollment forms. Compared to stone tablets, paper …
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December 30 2015
Indicator Codes for Employee Offer and Coverage (Form 1095-C, Line 14)
In case you don’t recognize the format, this is an excerpt from an IRS favorite: Instructions for Forms 1094-C and 1095-C. Code Series 1— Offer of Coverage. The Code Series 1 indicator codes specify the type of coverage, if any, offered …
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December 29 2015
2015 ACA Reporting is Delayed
In Notice 2016-4, the IRS has extended the due dates for certain 2015 Affordable Care Act information reporting requirements. Specifically, the Notice extends: the due date for furnishing to individuals the 2015 Form 1095-B and Form 1095-C from February 1, 2016, …
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October 30 2015
10 Things to Buy with $695
(Instead of paying the federal penalty in 2016 for having no health insurance) About 7 years and 2 months of Netflix 330 Sucre signature macaroons A 500-mile Uber ride 2 Dat Dog beef or pork dogs a week for the …
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October 29 2015
Improving the Consumer Experience at HealthCare.gov?
At Benefit Administration Group, it is all about people and personal service. Buying health insurance can be confusing and bad decisions can be costly. We think it is important to have trained Application Counselors available to our clients. If you don’t …
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September 21 2015
Section 4980H Safe Harbor Codes and Other Relief for Employers
Here is my favorite section of the Instructions for Forms 1094-C and 1095-C. I thought it was worth sharing. . . An employer enters the applicable Code Series 2 indicator code, if any, on line 16 to report for one or …
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September 18 2015
2015 Forms 1094-B, 1095-B, 1094-C, and 1095-C
The Internal Revenue Service (IRS) has released finalized forms and instructions for 2015 to help employers prepare for compliance with the new information reporting provisions under the Affordable Care Act (ACA). Employers are required to report for the first time …
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August 20 2015
Moving? You may qualify for a Special Enrollment Period
Summer is the most popular season for moving. But there are some things you can’t pack in boxes — like the peace of mind you get from having health insurance. If you’re moving, whether out of state or within your …
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August 12 2015
Changing, updating, or cancelling your Marketplace plan
If you have a 2015 plan through the Health Insurance Marketplace, you have limited opportunities to make changes outside the Open Enrollment Period. The deadline for changing or enrolling in a 2015 plan was February 15, 2015. Changing 2015 plans: …
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August 12 2015
Tools to help you claim the affordability exemption and calculate your premium tax credit
If you need to complete Form 8965 or Form 8962 when you file your 2014 federal tax return, you may be asked for information about Marketplace health plans that were available to you for 2014. You may need to know …
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July 15 2015
Blue Cross of Louisiana Videos
Here is an assortment of videos Blue Cross of Louisiana has posted on its website and Youtube: [youtube https://www.youtube.com/watch?v=L1VEhsEO-T0?list=PLvwMpGwlv0_5L7NMKo5JzcG_NVx-aG2pI]