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Compliance Bulletin – Upcoming ACA Reporting Deadlines

Affordable Care Act (ACA) reporting under Section 6055 and Section 6056 for the 2018 calendar year is due in early 2019. 

Important Dates:

February 28, 2019

Deadline for 2018 filing with the IRS in paper form

March 4, 2019

Deadline for furnishing 2018 Forms 1095-B and 1095-C to individuals

April 1, 2019

Deadline for 2018 filing with the IRS electronically

Click here to Download ACA Bulletin.

Benefits Buzz – December 2018

This month’s Benefits Buzz provides an overview of the proposed rule that would expand health reimbursement arrangement options, gives a reminder to provide a summary of benefits and coverage this open enrollment and discusses the Trump administration’s efforts to promote transparency in drug pricing. Click here to Download.

Benefits Buzz – November 2018

This month’s Benefits Buzz provides an overview of the ACA hardship exemption for 2018, discusses IRS letters being sent to noncompliant employers and teases the possibility of an overtime rule update starting next year. Click here to Download.

Benefits Buzz – October 2018

This month’s Benefits Buzz discusses the guidance on association health plans issued by the IRS and Department of Labor, provides a reminder that Medicare Part D notices are due Oct. 15 and explains the repeal of the individual mandate penalty. Click here to Download.

Benefits Buzz – September 2018

This month’s Benefits Buzz explains the 2018 Affordable Care Act reporting draft forms, briefly discusses two health savings account bills that passed the House of Representatives and highlights how disease management programs can help mitigate health care costs. Click here to Download.  

Breaking News LIVE from D.C. 2/27/18

Breaking News LIVE from D.C.!

Greg Liposky with Representative Kevin Brady (TX), Chairman of the House Ways and Means Committee, after a successful private lunch discussion on proposed Health Care Legislative changes. Tuesday, February 27th, 2018 – Washington D.C.        
Last week marked my 10th annual visit to participate in the National Association of Health Underwriters (NAHU) Capitol Conference in Washington D.C.  This is a VERY important symposium collaborating and working with our Congressional Delegates to help develop exceptional health care solutions.  NAHU members had another productive year in making significant progress during this very ambitious four day schedule!
Below are the top five focal points we presented in our Congressional meetings that addressed viable solutions to help solve our national health care crisis.
  1. Preserving the employer tax exclusion (deductibility) for health care benefits provided to employees.
  2. Eliminate the excessive employer reporting requirements under the ACA laws especially now that the individual mandate has been repealed in the new tax reform bill.
  3. Increase flexibility for HSA plans to allow for several diagnostic Dr. visits (without having to meet plan deductible first) and allow funding to HSA accounts to equal the total out of pocket exposure for all HSA plan designs.
  4. Create high risk reinsurance pools managed by each state to take care of the high/catastrophic cost claimants (.5% of population) and significantly reduce premium costs for a majority of the insured population.
  5. Permanently repealing the Health Insurance Tax and Cadillac Excise Tax.
Additional agenda items included significant Medicare improvements/modifications and market stabilization recommendations to reduce costs and improve individual and employer market risk pools.
To review both our current and past legislative successes that will ultimately help deliver high quality of care, and cost reduction solutions to all Americans, click here.
Respectfully,
Greg Liposky

Benefits Buzz March 2018

This month’s Benefits Buzz examines the latest spending resolution’s effect on ACA taxes, provides details about new disability claim rules and looks at the new HHS secretary’s position on the opioid crisis.   Click on the picture to read the full Benefits Buzz newsletter.