Second Opinions

November 12, 2014

Questions on ACA ‘Cadillac Tax’: Part I

Internal Revenue Code section 4980I, as enacted by the Patient Protection and Affordable Care Act (ACA), imposes a 40%, nondeductible excise tax (Excise Tax) on employers, health insurance issuers, and/or other entities administering health plan benefits if the aggregate value of applicable employer-sponsored coverage exceeds a specified annual dollar limit.

September 24, 2014

SECOND OPINIONS: Forms and Instructions for ACA Health Coverage Information

September 24, 2014 (PLANSPONSOR.com) - Code section 6056, as enacted by the Affordable Care Act (ACA), requires “applicable large employer members” subject to the employer “shared responsibility” mandate Internal Revenue Code section 4980H to report to the Internal Revenue Service (IRS) information about their compliance with the mandate and any health care coverage offered to employees.

March 04, 2014

SECOND OPINIONS: ACA Employer Reporting Requirements – Part II

March 5, 2014 (PLANSPONSOR.com) - Code section 6056, as enacted by the Patient Protection and Affordable Care Act (ACA), requires “applicable large employers” subject to the employer “shared responsibility” mandate (Code section 4980H) to report to the Internal Revenue Service (IRS) information about their compliance with the  mandate and any health care coverage offered to employees.

February 05, 2014

SECOND OPINIONS: ACA Employer Reporting Requirements – Part I

February 5, 2014 (PLANSPONSOR.com) – In this column and a later column, experts from Groom Law Group answer some of the frequently asked questions received about the large employer, employer mandate reporting obligations under Code section 6056.

January 08, 2014

SECOND OPINIONS: Agencies Issue New HIPAA Excepted Benefits Proposed Rules

January 8, 2014 (PLANSPONSOR.com) - On Christmas Eve, the Departments of Labor (DOL) and Health and Human Services (HHS), and the Internal Revenue Service (IRS) (the Agencies) issued proposed rulemaking expanding the list of benefits that are “excepted benefits” under the HIPAA portability rules and Patient Protection and Affordable Care Act (ACA) insurance market reforms.  78 Fed. Reg. 77632 (Dec. 24, 2013).

December 04, 2013

SECOND OPINIONS: Carryovers of Unused Health FSA Balances

December 4, 2013 (PLANSPONSOR.com) - On October 31, the IRS and Treasury issued Notice 2013-71 which permits employers to allow employees to carry over up to $500 of unused health flexible spending account (FSA) balances to the next plan year.

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