Nearly 50,000 employers at risk for ACA penalties

Posted by Emily Kubis on Mon, Aug 20, 2018 @ 08:08

Address compliance with a benefits platform

Accounting Today reports that of the 318,296 organizations that are required to offer health benefits through the Affordable Care Act’s employer mandate, 49,259 are at risk for compliance action by the IRS.

At least 30,000 penalty assessment notices have already been issued to employers for compliance issues related to the Affordable Care Act.

This news illustrates that despite some changes brought about to the law by President Trump’s administration, much of the law is still standing, and employers should keep a close eye on their compliance to avoid costly penalties.

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Tags: benefits technology, BerniePortal, aca compliance, Affordable Care Act, employer mandate

Top 5 most attractive employee benefits

Posted by Gretchen Smitson on Wed, Jun 13, 2018 @ 09:06

Workers prefer benefits

Over the past decade, power within the job market has shifted from employers to candidates. This change in the recruitment ecosystem has led employers to take a deeper look at the benefits available to employees. Rather than simply offering increased wages, employers are increasingly offering unique benefit packages that reflect company culture and employee preferences.

Here are the 5 most attractive employee benefits according to Harvard Business Review: 

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Tags: benefits technology, BerniePortal, aca compliance, Affordable Care Act, employer mandate

Thousands of employers to receive ACA penalty notices

Posted by Emily Kubis on Fri, Jun 01, 2018 @ 08:06

Address compliance with a benefits platform

The New York Times reports the IRS is sending penalty notices to 30,000 organizations in violation of the Affordable Care Act’s employer mandate.

This news illustrates the importance of remaining compliant with the ACA, especially in light of changes to the law from the Trump administration.

There have been some changes to the ACA, including the repeal of the individual mandate penalty beginning in 2019 and the expansion of short-term and association health plans, among other changes.

However, the repeal did not impact the employer mandate, which requires groups with more than 50 full-time employers to provide health coverage, nor did it impact reporting requirements associated with the mandate.

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Tags: benefits technology, BerniePortal, aca compliance, Affordable Care Act, employer mandate

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employer healthcare freedom
employer healthcare freedom