The Benefit Administration Blog
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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]
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July 7 2015
Cadillac Tax Explained
The Cadillac Tax is the next BIG provision of the Affordable Care Act to begin in 2018. That may seem like an eternity from now. But, given the potential impact to employer groups, I thought it was at least worth …
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June 30 2015
The Agency Players – July 2015
It looks like the appetite for deals is not just limited to medical insurers. Now, 2 of the publicly traded Insurance Brokers (technically Towers is currently categorized as Management Services instead of insurance agency – but that is splitting hairs) …
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June 29 2015
Marriage and the Affordable Care Act
Last week’s Supreme Court decisions made it a historic week for our great Country. The latest challenge to State-based subsidies in the Affordable Care Act was defeated AND the Court affirmed that the Constitution guarantees a right to same-sex marriage. …
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June 26 2015
The Health Insurance Players – July 2015
With the SCOTUS challenge now behind us, it looks like it is time to make a deal – Obamacare ruling greenlights Aetna-Humana dealmaking Since the landscape of competitors in the publicly traded health insurance industry may change as early as this …
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June 24 2015
Did you know giving money for healthcare is illegal for small businesses?
Did you know there is a little known provision of the Affordable Care Act makes it illegal for employers with fewer than 50 employees to give them money to buy healthcare? Yes, those situations where a small business doesn’t have …
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June 12 2015
Zenefits v. ADP – Round 1
Well, I guess a Benefits Administration brawl was bound to happen sooner or later – ADP Sues Zenefits for Defamation As an insurance broker/technology nerd who has spent the last 23 years in the trenches of HR, Benefits and Payroll struggles, …