Affordable Care Act - page 2
Suddenly Unemployed? Healthcare Options You Should Consider
Affordable Care Act
Suddenly Unemployed? Healthcare Options You Should Consider
COVID-19 has impacted people’s lives across the globe and has slowed down the global economy. Millions of Americans are currently unemployed which could mean loss of company-sponsored health insurance for them. We want to highlight the health coverage options that are accessible to help get through these challenging times.
October 29, 2020 ・6 mins read
Read more
Affordable Care Act
It’s Tax Season! Here is What Employers Need to Know About the IRS’s Affordable Care Act Reporting Requirements (with Deadlines)
In February 2015, the IRS issued final forms and instructions related to the Affordable Care Act (ACA). Back in December, 2015, the IRS issued a deadline extension for the new ACA reporting requirements. For tax year 2015, employers and insurance carriers are required to report medical coverage data under Internal Revenue Code sections 6056 and 6055. Below is what you need to know to decide what you need to report and what form to use. The chart above is a handy reminder of the deadlines to file this paperwork. Start by figuring out if your company is considered an applicable large employer (ALE) An ALE is a company that employed 50 or more full-time employees, including full-time equivalent employees (FTEs), on average during the previous calendar year. Generally, a full-time employee is someone who works 30 or more hours a week, on average. Internal Revenue Code section 6056 applies to companies that meet the definition of an ALE, including companies that did not offer group medical coverage in 2015.
January 24, 2019 ・6 mins read
Read more
Affordable Care Act
TriNet Makes the Affordable Care Act Easier to Swallow with Complimentary Food, Drinks and Expert Guidance!
For more than a year, Affordable Care Act (ACA) experts from TriNet have been traveling to cities across the country to bring vital information on the ACA to the businesses that need it. Dozens of business owners and managers attend these wildly popular two-hour events, which take place either over complimentary lunch or refreshments in every major market where TriNet operates. But what are these ACA Over Lunch and ACA Over Drinks events and why are they so important to business success?
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
When it Comes to the Affordable Care Act, "6056" is a Four Letter Word
Most Applicable Large Employers (ALEs) didn’t anticipate the extent of the challenges they would face while completing the ACA Section 6056 Forms 1094-C and 1095-C for the first time this year. So what can you do to avoid 6056 headaches and frustration next year?
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
Mental Health Parity: What Employers Need to Know
Mental health parity describes the equal treatment of mental health conditions and substance use disorders in insurance plans. It is important for business owners to be aware of laws around mental health parity to avoid contracting with an insurance carrier whose plan design does not meet the standard. True mental health parity may be a work in progress but as an employer, you can take steps to minimize the impact of mental health issues in the work environment.
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
Five HR Topics Businesses Should be Aware Of
Here are some of the most notable topics and issues we think your business should know about and our guidance on preparing for the effects they’ll have on your business.
June 7, 2018 ・11 mins read
Read more
Affordable Care Act
Struggling With HR? Here Are the Most Important HR Topics You Need to Juggle Right Now!
Most business owners realize, from the moment they hire their first employee, that human resources (HR) can be a tedious and time-consuming process. And the more employees you add to your team, the more work HR becomes. HR rules and regulations can differ tremendously by state or jurisdiction and, to make matters more complicated, these rules and regulations are constantly changing
September 26, 2017 ・5 mins read
Read more
Affordable Care Act
Does my company need to offer dental coverage under the Affordable Care Act (ACA)?
January 9, 2017 ・2 mins read
Read more
Affordable Care Act
With the Presidential Election Just One Day Away, TriNet Survey Reveals Workers' Feelings on the ACA
A new survey released by TriNet underscores how employees at small and midsize businesses feel about the current presidential election, especially in regard to the Affordable Care Act.
November 7, 2016 ・1 min read
Read more
Affordable Care Act
How Businesses Can Survive and Thrive as the Regulatory Environment Becomes more Complex
America’s small businesses are bearing over 36 percent more of the financial burden of regulatory compliance than their large counterparts. The regulatory environment that modern businesses face stymies both small business success and the economy.
September 11, 2016 ・4 mins read
Read more
Affordable Care Act
ACA Affordability Percentage and Calculations for 2020
For plan years starting in 2020, the affordability percentage is 9.78%
May 18, 2020 ・5 mins read
Read more
Affordable Care Act
SBA, ACA, IRS: What Qualifies as a Small Business?
Here are some of the most popular organizations’ definitions of “small business"
May 4, 2020 ・5 mins read
Read more
Affordable Care Act
The Path to Maintaining HR Compliance
Starting a business can be difficult. Growing one is even harder. Whether your company is big or small, a startup or mature, maintaining compliance in HR is critical to success.
November 14, 2019 ・13 mins read
Read more
The 2016 Presidential Election and the Affordable Care Act: Where do the Candidates Stand?
Affordable Care Act
The 2016 Presidential Election and the Affordable Care Act: Where do the Candidates Stand?
It’s election season in America and, although it may seem like campaigning has been going on for a very long time, November 8 is rapidly approaching. Since the Affordable Care Act affects all employers, TriNet is taking a look at the two major party candidates to get their take on ACA.
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
Key HR Regulations You Should Keep in Mind While Planning 2017, Part 1
2017 brings many changes, including a new administration in the White House starting Jan. 20. Many in the HR community predict that the new administration will also bring a host of regulatory changes that could impact you and your business. In this two-part series, we have compiled a list of key issues that you should keep an eye on as you plan for 2017.
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
How Does the 2016 Presidential Election Outcome Impact the Affordable Care Act?
The 2016 election is over and a new president will take office on January 20, 2017.Throughout his campaign, President-elect Trump made it very clear that he intends to repeal the Affordable Care Act. So what does it mean for the provisions of the Act itself if he is successful?
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
ACA Fines Are on the Way. Here’s How You Can Prepare for Reporting Season
The IRS has released details regarding how penalties for noncompliance with the employer shared responsibility provisions of the Affordable Care Act (ACA) will be communicated. Although no penalties have been assessed to date, the fact that the IRS has now formalized this process is a tell-tale sign that penalty collection is on the way.
December 5, 2017 ・8 mins read
Read more
Affordable Care Act
President Trump Has Taken Office: Here Is What You Need to Know About the ACA Developments
President Trump has already gotten to work on repealing and replacing the Affordable Care Act (ACA). However, we can expect extensive delays before we see any significant changes to the ACA.In the meantime, companies are advised to continue to comply with the ACA to avoid penalties, including “pay or play” mandate for Applicable Large Employers (ALEs) to offer ACA compliant coverage and Section 6056 reporting.
January 31, 2017 ・3 mins read
Read more
Affordable Care Act
SMBs in the Healthcare Industry: There is a New Affordable Care Act Requirement for Your Business
Companies that are primarily engaged in providing or administering health care services or coverage have one more Affordable Care Act (ACA) notice requirement to worry about. Effective October 16, 2016, healthcare companies must post a notice stating that they do not engage in discrimination that is prohibited by ACA Section 1557.
November 15, 2016 ・4 mins read
Read more
Affordable Care Act
What You Need to Know About the New Proposed Benefits and Payment Parameters for ACA Marketplace Plans
The U.S. Department of Health and Human Services (HHS) and the Centers for Medicare and Medicaid Services (CMS) have made proposals to change the benefit and payment parameters for the Affordable Care Act’s (ACA) health insurance marketplace for 2018. If HHS and CMS’s proposed changes are finalized, they will be effective for plan years that begin on or after January 1, 2018.
October 14, 2016 ・4 mins read
Read more
Affordable Care Act
Check Your Mailbox: ACA Subsidy Notices Are Coming Soon!
One provision of the Affordable Care Act (ACA) is employer shared responsibility, also known as “pay or play” penalties. Under this provision, if an applicable large employer (ALE) does not offer affordable health coverage providing minimum benefits to full-time employees and their dependents, the employer could be subject to a penalty. This penalty helps to offset the cost of the premium tax credit or any subsidies that employees who have coverage through the health insurance marketplace may have received.
July 15, 2016 ・5 mins read
Read more
Suddenly Unemployed? Healthcare Options You Should Consider
Affordable Care Act
Suddenly Unemployed? Healthcare Options You Should Consider
COVID-19 has impacted people’s lives across the globe and has slowed down the global economy. Millions of Americans are currently unemployed which could mean loss of company-sponsored health insurance for them. We want to highlight the health coverage options that are accessible to help get through these challenging times.
October 29, 2020 ・6 mins read
Read more
Affordable Care Act
ACA Affordability Percentage and Calculations for 2020
For plan years starting in 2020, the affordability percentage is 9.78%
May 18, 2020 ・5 mins read
Read more
Affordable Care Act
SBA, ACA, IRS: What Qualifies as a Small Business?
Here are some of the most popular organizations’ definitions of “small business"
May 4, 2020 ・5 mins read
Read more
Affordable Care Act
The Path to Maintaining HR Compliance
Starting a business can be difficult. Growing one is even harder. Whether your company is big or small, a startup or mature, maintaining compliance in HR is critical to success.
November 14, 2019 ・13 mins read
Read more
Affordable Care Act
It’s Tax Season! Here is What Employers Need to Know About the IRS’s Affordable Care Act Reporting Requirements (with Deadlines)
In February 2015, the IRS issued final forms and instructions related to the Affordable Care Act (ACA). Back in December, 2015, the IRS issued a deadline extension for the new ACA reporting requirements. For tax year 2015, employers and insurance carriers are required to report medical coverage data under Internal Revenue Code sections 6056 and 6055. Below is what you need to know to decide what you need to report and what form to use. The chart above is a handy reminder of the deadlines to file this paperwork. Start by figuring out if your company is considered an applicable large employer (ALE) An ALE is a company that employed 50 or more full-time employees, including full-time equivalent employees (FTEs), on average during the previous calendar year. Generally, a full-time employee is someone who works 30 or more hours a week, on average. Internal Revenue Code section 6056 applies to companies that meet the definition of an ALE, including companies that did not offer group medical coverage in 2015.
January 24, 2019 ・6 mins read
Read more
Affordable Care Act
TriNet Makes the Affordable Care Act Easier to Swallow with Complimentary Food, Drinks and Expert Guidance!
For more than a year, Affordable Care Act (ACA) experts from TriNet have been traveling to cities across the country to bring vital information on the ACA to the businesses that need it. Dozens of business owners and managers attend these wildly popular two-hour events, which take place either over complimentary lunch or refreshments in every major market where TriNet operates. But what are these ACA Over Lunch and ACA Over Drinks events and why are they so important to business success?
January 24, 2019 ・4 mins read
Read more
The 2016 Presidential Election and the Affordable Care Act: Where do the Candidates Stand?
Affordable Care Act
The 2016 Presidential Election and the Affordable Care Act: Where do the Candidates Stand?
It’s election season in America and, although it may seem like campaigning has been going on for a very long time, November 8 is rapidly approaching. Since the Affordable Care Act affects all employers, TriNet is taking a look at the two major party candidates to get their take on ACA.
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
When it Comes to the Affordable Care Act, "6056" is a Four Letter Word
Most Applicable Large Employers (ALEs) didn’t anticipate the extent of the challenges they would face while completing the ACA Section 6056 Forms 1094-C and 1095-C for the first time this year. So what can you do to avoid 6056 headaches and frustration next year?
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
Key HR Regulations You Should Keep in Mind While Planning 2017, Part 1
2017 brings many changes, including a new administration in the White House starting Jan. 20. Many in the HR community predict that the new administration will also bring a host of regulatory changes that could impact you and your business. In this two-part series, we have compiled a list of key issues that you should keep an eye on as you plan for 2017.
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
Mental Health Parity: What Employers Need to Know
Mental health parity describes the equal treatment of mental health conditions and substance use disorders in insurance plans. It is important for business owners to be aware of laws around mental health parity to avoid contracting with an insurance carrier whose plan design does not meet the standard. True mental health parity may be a work in progress but as an employer, you can take steps to minimize the impact of mental health issues in the work environment.
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
How Does the 2016 Presidential Election Outcome Impact the Affordable Care Act?
The 2016 election is over and a new president will take office on January 20, 2017.Throughout his campaign, President-elect Trump made it very clear that he intends to repeal the Affordable Care Act. So what does it mean for the provisions of the Act itself if he is successful?
January 24, 2019 ・4 mins read
Read more
Affordable Care Act
Five HR Topics Businesses Should be Aware Of
Here are some of the most notable topics and issues we think your business should know about and our guidance on preparing for the effects they’ll have on your business.
June 7, 2018 ・11 mins read
Read more
Affordable Care Act
ACA Fines Are on the Way. Here’s How You Can Prepare for Reporting Season
The IRS has released details regarding how penalties for noncompliance with the employer shared responsibility provisions of the Affordable Care Act (ACA) will be communicated. Although no penalties have been assessed to date, the fact that the IRS has now formalized this process is a tell-tale sign that penalty collection is on the way.
December 5, 2017 ・8 mins read
Read more
Affordable Care Act
Struggling With HR? Here Are the Most Important HR Topics You Need to Juggle Right Now!
Most business owners realize, from the moment they hire their first employee, that human resources (HR) can be a tedious and time-consuming process. And the more employees you add to your team, the more work HR becomes. HR rules and regulations can differ tremendously by state or jurisdiction and, to make matters more complicated, these rules and regulations are constantly changing
September 26, 2017 ・5 mins read
Read more
Affordable Care Act
President Trump Has Taken Office: Here Is What You Need to Know About the ACA Developments
President Trump has already gotten to work on repealing and replacing the Affordable Care Act (ACA). However, we can expect extensive delays before we see any significant changes to the ACA.In the meantime, companies are advised to continue to comply with the ACA to avoid penalties, including “pay or play” mandate for Applicable Large Employers (ALEs) to offer ACA compliant coverage and Section 6056 reporting.
January 31, 2017 ・3 mins read
Read more
Affordable Care Act
Does my company need to offer dental coverage under the Affordable Care Act (ACA)?
January 9, 2017 ・2 mins read
Read more
Affordable Care Act
SMBs in the Healthcare Industry: There is a New Affordable Care Act Requirement for Your Business
Companies that are primarily engaged in providing or administering health care services or coverage have one more Affordable Care Act (ACA) notice requirement to worry about. Effective October 16, 2016, healthcare companies must post a notice stating that they do not engage in discrimination that is prohibited by ACA Section 1557.
November 15, 2016 ・4 mins read
Read more
Affordable Care Act
With the Presidential Election Just One Day Away, TriNet Survey Reveals Workers' Feelings on the ACA
A new survey released by TriNet underscores how employees at small and midsize businesses feel about the current presidential election, especially in regard to the Affordable Care Act.
November 7, 2016 ・1 min read
Read more
Affordable Care Act
What You Need to Know About the New Proposed Benefits and Payment Parameters for ACA Marketplace Plans
The U.S. Department of Health and Human Services (HHS) and the Centers for Medicare and Medicaid Services (CMS) have made proposals to change the benefit and payment parameters for the Affordable Care Act’s (ACA) health insurance marketplace for 2018. If HHS and CMS’s proposed changes are finalized, they will be effective for plan years that begin on or after January 1, 2018.
October 14, 2016 ・4 mins read
Read more
Affordable Care Act
How Businesses Can Survive and Thrive as the Regulatory Environment Becomes more Complex
America’s small businesses are bearing over 36 percent more of the financial burden of regulatory compliance than their large counterparts. The regulatory environment that modern businesses face stymies both small business success and the economy.
September 11, 2016 ・4 mins read
Read more
Affordable Care Act
Check Your Mailbox: ACA Subsidy Notices Are Coming Soon!
One provision of the Affordable Care Act (ACA) is employer shared responsibility, also known as “pay or play” penalties. Under this provision, if an applicable large employer (ALE) does not offer affordable health coverage providing minimum benefits to full-time employees and their dependents, the employer could be subject to a penalty. This penalty helps to offset the cost of the premium tax credit or any subsidies that employees who have coverage through the health insurance marketplace may have received.
July 15, 2016 ・5 mins read
Read more
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