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10/17 ACA Update: Latest FAQ Guidance and 2015 Action Items
Read the latest FAQ guidance on ACA cost-sharing rules and reference-based pricing. This Compliance Alert also reviews 2015 ACA action items for employers, plans and carriers, and provides a table of 2015 benefit plan limits.
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10/2 New HPID and Excepted Benefits Guidance
The Department of Health and Human Services and the Centers for Medicare and Medicaid Services recently issued FAQs on how to obtain a health plan identifier (HPID). In addition, final regulations were also recently released on the definition of excepted benefits.
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9/22 New Guidance on Cafeteria Plans, Measurement Periods, and PCORI fees
The IRS recently released Notices 2014-49, 2014-55, and 2014-56, all of which directly impact employer obligations under the ACA.
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9/4 Filling in the Blanks: IRS Releases Employer Reporting Instructions
Late last week, the Internal Revenue Service (IRS) released draft instructions for Forms 1094-C and 1095-C, the forms that will be used in connection with employer “Pay or Play” reporting. The instructions, while still in draft form, provide helpful insight into the reporting process and what will be required of employers in terms of data gathering and resources. We note some of the more significant items here. The Alliant National Compliance team will also complete sample forms using a hypothetical employer to demonstrate how the reporting process works.
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8/26 New Rules to Accommodate Religious Objections to Mandated Contraceptive Coverage
The Departments of Health and Human Services (HHS), Labor (DOL), and Treasury recently released proposed and interim final rules for certain employers that object on religious grounds to providing contraceptive coverage as required under the Patient Protection and Affordable Care Act (ACA).
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