What's Required of Employers with >50 Employees? Employers that sponsor fully-insured medical plans with fewer than 50 full-time plus full-time equivalent employees do not have to meet IRS Section 6056 requirements, which requires annual reporting to the IRS by applicable large employers. Under … [Read more...]
Individual Health Plans – December 15th Deadline? No Problem
Individual Health Plan Coverage 3 Easy Steps - Quick, Easy & Efficient With the December 15th deadline for January 1 effective dates upon us, we can make getting the right health plan quick and easy. We have three simple steps to make this deadline: Send us a quick email at … [Read more...]
How SB 1446 Impacts Your Benefits
On July 7, 2014 Governor Jerry Brown signed SB 1446 allowing businesses with fewer than 50 employees to continue offering group health plans that are not PPACA compliant through 2015. There are some details that you need to be familiar with. SB 1446 affects policies that: Were in effect on … [Read more...]
Calculating Employer Shared Responsibility Fees
The Employer Shared Responsibility provisions affect companies offering group health benefits. The provisions go into effect in 2015, though to some degree the provision has been pushed off until 2016 for some employers. In 2015 the provision applies to companies with at least 50 FTE's; In 2016 that … [Read more...]
Subject to Employer Shared Responsibility
Businesses differ based on type, employees and their access to alternative healthcare sources, primary location of employees and a multitude of factors. These differences lead to questions of how these differences affect whether or not they are subject to Employer Shared Responsibility (ESR). To … [Read more...]
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