BLOG
2019 ‘Pay or Play’ Affordability Percentage Set at 9.86%
May 25th, 2018
Percentage Up from 2018 Under the employer shared responsibility (“pay or play”) provisions of the Affordable Care Act, applicable large employers—generally those who had 50 or more full-time employees (including full-time equivalent employees)—may be subject to a penalty if they do not offer affordable coverage that provides minimum value to their full-time employees and their […]
READ MORE
Cuts to Take Effect Immediately
August 17th, 2017
The Trump administration announced yesterday that it will no longer make cost-sharing reduction (CSR) payments to insurance companies under the Affordable Care Act (ACA). According to a statement issued by the U.S. Department of Health and Human Services (HHS), the agency’s decision to discontinue these payments immediately follows a legal review by HHS, the Department […]
READ MORE
New Executive Order Calls for Expanding Access to Association Health Plans
August 17th, 2017
President Trump has signed an executive order calling upon the U.S. Department of Labor (DOL) to consider, among other things, expanding access to Association Health Plans, which could potentially allow employers to form groups across state lines. Until further guidance is issued or legislation is signed, however, all current ACA requirements remain in effect, including […]
READ MORE
IRS Releases New Guidance on QSEHRAs
August 17th, 2017
The Internal Revenue Service (IRS) has released guidance further clarifying the rules regulating qualified small employer health reimbursement arrangements (QSEHRAs). QSEHRAs—which are health reimbursement arrangements exempt from the Affordable Care Act’s market reforms—may be offered by employers with fewer than 50 full-time equivalent employees that do not offer a group health plan to any of […]
READ MORE
Send Us A Message
Creative Group Benefits
210 Draperton Grove, Suite B Ridgeland, MS 39157
800.818.0312 /
P. 601.914.2121 /
F. 601.914.1661