This information outlines the permissibility and compliance requirements for employers offering a cash-in-lieu benefit to employees who waive employer-sponsored health coverage. It is intended for HR professionals and benefits administrators. You should always consult...
In December 2024, the Biden administration enacted two significant laws to simplify Affordable Care Act (ACA) reporting requirements for employers: 1. Paperwork Burden Reduction Act (PBRA): On-Request Furnishing of Forms 1095-B and 1095-C: Employers and insurers are...
The Patient-Centered Outcomes Research Institute (PCORI) fee helps fund research that evaluates and compares health outcomes, clinical effectiveness, risks and benefits of medical treatments and services. The fee, which is effective 2012-2019, is treated like an...
