Global employers face unique challenges in complying with the ACA. Employers that only employ U.S. citizens working abroad, being paid from foreign sources, are likely not subject to the ACA mandates. Employers employing at least 50 full-time employees (or full-time equivalents), working in the United States, are subject to the ...
At the 11th hour, the IRS announced that it is extending the deadlines for the new ACA reporting requirements. Instead of large and/or self-funded employers having to distribute a Form 1095-C to all of their full-time employees and employees enrolled in a self-funded health plan by February 1, 2016, employers now have ...
David Pixley
Many employers provide their employees with benefits through a section 125 or cafeteria plan. Some employers use the plan to allow employees to pay premiums on a pre-tax basis while others provide participants with the flexibility to utilize employer “flex credits” to select from a variety of benefits on a pretax basis that ...
The Affordable Care Act includes a nondeductible 40% excise tax on high-cost health plans that is scheduled to become effective in 2018. This provision has been called the Cadillac Tax, but it did not take long for everyone to realize that future premium increases would quickly result in the Cadillac Tax applying to most health plans. ...
There have been many articles speculating as to what the pay or play employer mandate penalties would be for 2015. The ACA provides that both the $2,000 penalty for failing to offer minimum essential coverage to all of your full-time employees and the $3,000 penalty for failing to offer minimum value, affordable coverage to a ...
David Pixley
Recently, there has been a lot of buzz about the new D.C. ordinance, which requires certain employers to establish a transportation fringe benefit program. Several metro areas already have similar ordinances and the trend is expected to continue. When formulating your transportation plan, be mindful of some potential gaps in the ...
As we so often discover in this line of work, the answer is maybe. An employee assistance plan (“EAP”) may be designed to provide a wide range of services to employees to ease the anxiety of working life – and ideally increase workplace productivity in the process. Most EAPs are designed to address specific issues (e.g ...
Union employers that contribute to multiemployer plans should proceed with caution when hiring non-union subcontractors. Union employers are obligated to make contributions to various benefit funds for their own employees, but what about for subcontractors? Under some collective bargaining agreements (CBAs), if the ...
As 2016 edges closer, the monthly and lookback measurements are a reality rather than just material for seminars. Even employers who are well educated on the process are likely to have situations come up that they hadn’t thought about how to handle under the ACA. One of these types of situations that we have received some ...