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  • Group Insurance
    • Minimum Essential Coverage (MEC)
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Section 6055 Reporting of Health Plan “Minimum Essential Coverage” for Small and Large Employers

by Eriksen Insurance | Nov 3, 2014 | Insurance Reform

JD Supra reports: “Starting in 2016, Section 6055 of the Internal Revenue Code, which was added by the Health Care Reform Act, requires all entities providing “minimum essential coverage” (MEC) to submit information to the IRS concerning each covered individual,...

Employer-paid Individual Health Plans

by Eriksen Insurance | Sep 3, 2014 | Group Health Insurance, Insurance Reform

Flexible Benefit reports: “The IRS and other agencies have issued three different sets of guidance making it clear that employers cannot give actively employed workers pre-tax dollars through a Health Reimbursement Arrangement (HRA) ,or any other type of...

Obamacare Rule: Dump Employees Onto Exchanges, Face Big Taxes

by Eriksen Insurance | Jun 26, 2014 | Insurance Reform

Newsmax reports: “Employers who give money to their workers to help pay for insurance through Obamacare exchanges may be in for sticker shock when the taxman comes calling: the IRS considers such arrangements employer payment plans that don’t satisfy...

IRS puts off PPACA discrimination testing

by Eriksen Insurance | Feb 17, 2014 | Insurance Reform

Benefits Pro reports: “Robert Pear, a New York Timesreporter, made waves this week by calling the Internal Revenue Service about what happened to the Patient Protection and Affordable Care Act nondiscrimination provisions. The IRS told him it will wait at least...

White House: No Subsidies For Union Health Plans

by Eriksen Insurance | Sep 17, 2013 | Uncategorized

Insurance News Net reports: “Low-income workers on union health plans are not eligible for the same federal subsidies available to those who buy insurance in the new state health care marketplaces, the White House said Friday. The decision is a disappointment...
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