As of January 1, “Play or Pay” penalties are in effect. This means if one of your full-time employees qualifies for premium tax credits for Exchange coverage, it may trigger your employer-shared responsibility penalties under Code § 4980H. Employers that have employees enrolled in Exchange coverage may want to become familiar with the process although … Continued
The Expatriate Health Coverage Clarification Act provides permanent ACA relief for some expatriate plans, including self-insured programs. Qualifying plans are exempt from the following mandates and fees: Annual and lifetime limits Required dependent coverage to age 26 Preventive health services Summary of Benefits and Coverage (SBC) Essential health benefit requirement Prohibitions on pre-existing conditions, excessive … Continued
Regardless of where they live, nearly all Americans are likely to face severe winter weather at some point in their lives. Winter storms can range from moderate snow over a few hours to a blizzard with blinding, wind-driven snow that lasts for several days. Many winter storms accompany dangerously low temperatures and strong winds, ice, … Continued