Tag Archives: obamacare

1095-B & 1095-C Deadline to Individuals Extended

The IRS recently issued Notice 2016-70, which extended the 2016 deadline for furnishing statements to individuals under Sections 6055 and 6056. The notice also extended good-faith relief from penalties for 2016 reporting. However, this extension … Continue reading

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Tax Forms & Affordable Care Act

Check out this blog on filling out tax forms if you have minimum essential health coverage or if you received a subsidy.

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COBRA Notices and Marketplace Enrollment Period

The federal regulatory agencies issued a bulletin announcing an extended special enrollment period for individuals currently enrolled in (or eligible for) COBRA.  The special enrollment opportunity gives eligible individuals until July 1, 2014 to enroll … Continue reading

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ACA-Final Pay or Play Mandate

The IRS recently issued final regulations on the Affordable Care Act’s employer shared responsibility rules (“pay or play” mandate).  The employer mandate generally requires applicable large employers to offer health coverage to their full-time employees … Continue reading

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Michigan to Allow Health Insurance Carriers to Reinstate Canceled Policies

Michigan Department of Insurance and Financial Services (DIFS) Director, Ann Flood, announced that Michigan will allow health insurers to reinstate canceled policies. Note – health insurance companies are not mandated to reinstate policies and many … Continue reading

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ACA and Small Group Health Plan Cancellations – Not So Easy

Bob Laszewski, an expert in health care reform, provides insight into ACA’s impact on smaller employers and how dropping group health insurance coverage for their employees is not as easy as it sounds.  Read his blog … Continue reading

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The Honor System?

According to Bob Laszewski, a leading anaylyst regarding health care policy, health insurance exchanges will be granted the honor system – meaning that insurance exchanges can mostly rely upon the applicant’s statement regarding their income versus requiring proof of income.  … Continue reading

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