Employer Mandate- 1094 / 1095 Reporting Requirements for 2023

Applicable large employers (ALEs) are required to report information about the health coverage they offered, or did not offer to employees for 2023.  ALEs are generally entities that employed 50 or more full-time and full-time-equivalent (FTE) employees in the prior...

Gag Clause Prohibition- Attestation – Due 12/31

The Gag Clause Attestation is a newly required process requiring health plans and employer plan sponsors to annually attest to the absence of a gag clause in their health plan.  The Consolidated Appropriations Act of 2021 (CAA) prohibits employer sponsored group...

2024 Affordability Percentage – Lowest Yet

In a recent Notice the IRS announced another decreased percentage that will be used to determine whether employees' share of their 2024 premiums are considered affordable for purposes of the employer mandate. Applicable Large Employers, for the 2024 plan year, will...
Recent Articles

Join the Newsletter

Never miss an update from the Business Benefits Team!