Pay or Play | beneportalplus

News and Updates

Aug 23, 2022

Updated Indexed Dollar Limits Chart

The various federal agencies regularly release Affordable Care Act (ACA) and other indexed dollar limits for health and group benefit...

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Aug 5, 2022

ACA “Affordability” Percentage Decreases to 9.12% for 2023

Determining whether employer-sponsored health plans meet the Affordable Care Act (ACA) affordability and minimum value standards remains...

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Apr 6, 2022

Proposed Changes to Fix the ACA “Family Glitch”

The Biden Administration announced a proposed rule released on April 5 to fix the Affordable Care Act (ACA) “family glitch”. If this...

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Nov 17, 2021

UPDATED INDEXED DOLLAR LIMITS CHART FOR GROUP BENEFIT PLANS

The various federal agencies regularly release Affordable Care Act (ACA) and other indexed dollar limits for health and group benefit...

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Sep 7, 2021

ACA Affordability Threshold Will Decrease to 9.61% in 2022

The IRS announced that the new Affordable Care Act (ACA) affordability threshold for employers will decrease from 9.83% in 2021 to 9.61%...

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May 24, 2021

Updated ACA Indexed Dollar Limits Chart - May 2021

May 2021 Updated Dollar Limits Chart

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Aug 11, 2020

Affordability Threshold Will Increase to 9.83 Percent in 2021

The IRS announced that the new Affordable Care Act (ACA) affordability threshold for employers will increase from 9.78% in 2020 to 9.83%...

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Oct 22, 2019

Affordability and Nondiscrimination Rules for Individual Coverage HRAs

Some employers may be considering an offer of Individual Coverage Health Reimbursement Arrangements (ICHRAs) beginning January 1, 2020,...

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Feb 20, 2015

Assessment and Collection of Pay or Play Penalty

The IRS issued a new fact sheet in question and answer format containing a basic description of the two different "employer shared...

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Jan 5, 2015

Prepare for Health Exchange Notifications of Employees Eligible for Subsidies

Employers and healthcare exchanges will need to be prepared for a number of challenges ahead related to premium subsidies under the...

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Sep 8, 2014

Information Reporting – Instructions and Guidance Released

Draft instructions were recently released for the reporting forms that will be used by employers to report information on the healthcare...

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Jul 3, 2013

Pay or Play Employer Mandate Delayed One Year

The Obama Administration has announced a one-year delay before the PPACA employer mandate known as “pay or play” will begin. This is...

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May 9, 2013

Affordability and Minimum Value Rules Released

The agencies have released new rules related to “affordability” and “minimum value” (MV) for employer-sponsored health coverage. The...

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Jan 2, 2013

Guidance Issued on Employer Shared Responsibility Provisions

Just before the new year, the IRS released proposed regulations and a new questions and answers document that address the employer shared...

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Sep 22, 2011

IRS Proposes "Affordability" Safe Harbor Under Shared Responsibility Provisions

Starting in 2014, applicable large employers may be required to pay a “shared responsibility” penalty (sometimes referred to as the “play...

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Sep 1, 2010

Legislation Introduced to Repeal Employer Mandate

US Senator Orrin Hatch (R-UT) has introduced the American Job Protection Act (S. 3501); legislation that would repeal the new "pay or...

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