I receive this question a lot from clients. Under the ACA, all large employers are required to offer coverage to substantially all of their full-time employees or pay a penalty if any employee goes to the exchange and receives federal assistance. A large employer who avoids the first penalty may still owe a pay or play penalty ...
Parkview Health Systems, Inc. recently reached an agreement with HHS to pay $800,000 for potential HIPAA privacy violations. Parkview had left 71 cardboard boxes of medical records unattended on the driveway of a retiring physician. As we wrote last month, improper disposal of PHI represents approximately 5% of all reported ...
Last month, the IRS issued guidance regarding whether employer provided group health plan coverage is affordable under the ACA. Interestingly for employers, the guidance increased the threshold percentage from 9.5% to 9.56% for the purpose of determining whether an employer offers affordable coverage to an ...
Lately we have seen growing interest from clients looking for legal assistance with de-risking their pension plans, whether such plans are frozen or continue to accrue benefits as active plans. Pension liabilities may significantly impact corporate balance sheets, so CFOs are interested in any alternatives available to the ...
While drinking my coffee this morning, I came across an article that states that American opinion of the ACA has hit an all-time low with 53% of Americans having an unfavorable view of the ACA. To be honest, at first I was surprised that the percentage was so low based on my every day dealings with explaining the law to clients and ...