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Category Archives: ACA
Boon Buzz: Compliance Deadlines for Quarter 3 2019
Throughout the year, employers must comply with multiple reporting and disclosure requirements that are connected with their group health plans. As with everything else, when it comes to benefits, compliance is crucial. The third quarter of 2019 is no exception … Continue reading
Posted in ACA, ACA reporting, Affordable Care Act, compliance, employee benefits, employer-sponsored group health plans, ERISA, federal contractors, fringe benefits, government contractors, health insurance
Tagged ACA, ACA reporting, Affordable Care Act, boon blog, compliance, ERISA, form 5500, fringe benefits, govcon, government contractor, health, health care, health insurance, industry update, medical loss ratio, patient, patient centered outcomes research institute fee, pcori, self-funding, self-insurance
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Boon Buzz: Benefit News for Spring 2019
April showers bring May flowers, and the world of benefits is also in full bloom! Here’s your spring refresher on the latest regulations, data, and more! Read on to learn more: 1. DOL Increases Civil Penalty Amounts for 2019 In … Continue reading
Boon’s Top 5 Healthcare and Wellness Headlines of 2019, So Far
We’re only a few months into 2019 and already the world of health and wellness is buzzing. From seasonal sickness to exciting political moves in the healthcare world, here are the top five headlines that should be on your radar. … Continue reading
Boon Buzz: 2018 ACA Reporting Deadline is Near!
The final deadline for electronic filing 2018 Affordable Care Act (ACA) reports is April 1, 2019. This will be the final deadline for the reporting season. Per Sections 6055 and 6056 of the Internal Revenue Service Code, certain employers are … Continue reading
ACA Affordability Percentages Increase for 2019
The IRS issued Revenue Procedure 2018-34 on May 21, 2018. This action is intended to determine the affordability of an employer’s plan under the Affordable Care Act (ACA) by indexing the contribution percentages in 2019. So what does this do? … Continue reading
Boon Buzz: 2019 in Benefits, So Far…
We might only be a few weeks into the new year, but 2019 hit the ground running in the world of benefits. Here are the highlights of what should already be on your 2019 radar: The IRS Has Started to … Continue reading
Posted in ACA, ACA reporting, compliance, employee benefits, IRS
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HHS Publishes Final Rule on ACA Nondiscrimination Provisions
On May 13, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) published the final rule implementing Section 1557 of the Affordable Care Act (ACA). Section 1557 contains the nondiscrimination provisions of the ACA, which … Continue reading
Posted in ACA, Affordable Care Act, employee benefits, health insurance
Tagged ACA nondiscrimination, nondiscrimination
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Uncertain Future for Upcoming Supreme Court Cases
With the death of Justice Scalia on February 13, the Supreme Court has been thrown off-balance. Continue reading
Modernizing Payment Processing Methods in the Health Care Industry
Today’s health care environment has grown increasingly complex due to compliance requirements that were introduced as part of the Affordable Care Act (ACA). Among other initiatives, the ACA included an industry mandate for the development and use of a HIPAA-compliant Electronic Funds Transfer (EFT) standard for electronic claims payments. The law also increased transparency by implementing Medical Loss Ratio (MLR) requirements that limit a health plan’s ability to pass increased administrative costs on to plan participants. Continue reading
New ACA FAQ Clarifies Coverage Requirements for Lactation, Obesity and More
The Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury have released the twenty-ninth FAQ regarding the Affordable Care Act (ACA). These FAQs are released periodically to answer questions from stakeholders regarding ACA implementation. FAQ XXIX addresses … Continue reading
Posted in ACA, Affordable Care Act, health care, preventive health care
Tagged ACA, ACA FAQ, Affordable Care Act, health care coverage
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