Category Archives: Health Plans

Yellow Light (Again): IRS Extends ACA Deadline to Furnish Forms

On November 18, 2016, the IRS extended the due date for employers to furnish 2016 Form 1095-B and Form 1095-C to individuals from January 31, 2017 until March 2, 2017. The IRS stated that the extension is appropriate because a … Continue reading

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Yellow Light: IRS Delays Reporting Requirements Again!

Earlier today, the IRS announced an extension of the due dates for IRS Forms 1094 and 1095. In IRS Notice 2016-4, the IRS states that employers are not required to furnish individuals with either Form 1095-B or 1095-C until March … Continue reading

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Transitional Reinsurance Reporting Deadline Extended

The Center for Medicare & Medicaid Services (“CMS”) granted a last minute extension for filing the Annual Enrollment and Contributions Submission Form as part of the Affordable Care Act’s Transitional Reinsurance Program. On Friday, November 14th, CMS announced that the … Continue reading

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Health Plan Identifier Deadline Approaching

Large self-funded health plans are required to obtain a Health Plan Identifier (“HPID”) by November 5, 2014. Small self-funded health plans, with annual claims of $5 million or less, have an extra year until November 5, 2015. If an employer … Continue reading

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2015 Open Enrollment for the Health Insurance Marketplace Begins November 15, 2014

The Health Insurance Marketplace open enrollment for 2015 health insurance coverage begins November 15, 2014 and ends February 15, 2015. This means that anyone who failed to enroll during the 2014 open enrollment period, which ended on March 31, 2014, … Continue reading

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Examining Windsor’s Impact On Health and Life Insurance

In a previous post, found here, we discussed the landmark Supreme Court ruling in Windsor and its impact on qualified retirement plans.   However, the impact of the Windsor is not limited to qualified retirement plans, but applies to a wide … Continue reading

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Adjustments to the Cadillac Tax Threshold Amounts

Beginning in 2018, an excise tax will be imposed on the value of health insurance benefits exceeding the applicable threshold. As noted in our earlier post, if a health plan exceeds the applicable threshold, the 40% excise tax will be … Continue reading

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