HR & Compliance

  • ACA 6055/6056 Reporting Process by

    Posted on: October 23, 2015Categories: HR & Compliance

    The ACA is requiring that all groups with 50 or more employees (full time employees plus full-time equivalents with or without a group health plan) in 2014 report certain information to the IRS in 2016 under Code 6055 and/or 6056.  This reporting will pertain to your medical plans offered in 2015.  Clarke & Company Benefits has the ability to assist you with the reporting requirements, but we will need to work together to complete this. Click here if you would like to work with Clarke &am ...

    Read More

  • Final Rule Issued on ACA Contraceptive Coverage Exemptions (Part 2) by

    Posted on: July 16, 2015Categories: HR & Compliance

    Under the Affordable Care Act (ACA), non-grandfathered health plans must cover certain preventive health services for women, including contraceptives, without imposing cost-sharing requirements for the services. On July 10, 2015, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) released final regulations on the ACA’s women’s preventive care coverage requirement. These regulations: Finalize an accommodation for eligible nonprofit organizations ...

    Read More

  • July 2015 Health Care Reform by

    Posted on: July 14, 2015Categories: HR & Compliance

    Penalties Increased for Section 6055 and Section 6056 Reporting Violations Effective for returns and statements filed in 2016, the Trade Preferences Extension Act of 2015 significantly increases the penalties for violations of the Section 6055 or Section 6056 reporting requirements. • Signed into law on June 29, 2015, the Trade Preferences Extension Act of 2015 increases the penalties for reporting entities that fail to comply with Section 6055 or 6056 reporting. • The increased penalties t ...

    Read More
1 … 5 6 7 8 9 … 67

connect with us