Tag: ACA reporting
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ACA Reporting Deadlines for 2025: What You Need to Know | PA Employee Benefits Agency
For employers subject to the Affordable Care Act (ACA), staying compliant with reporting requirements is non-negotiable. With 2025 due dates just around the corner, now is the time to prepare for distributing Forms 1095-C to employees and filing with the IRS. These forms provide essential information about health coverage offered to employees and are critical…
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Benefits Buzz January 2024 | Pennsylvania Benefits Agency
Health Plans Must Expand Price Comparison Tool for 2024 Beginning in 2024, group health plans and health insurance issuers must expand the internet-based price comparison tool they make available to participants, beneficiaries and enrollees so that it includes all covered items, services and drugs. The purpose of this tool is to provide consumers with real-time…
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IRS Provides Major Delay in 6055 and 6056 Reporting | PA Benefits Specialist
By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance, while applicable large employers (ALEs) are required to offer health benefits to their full-time employees. In order for the Internal Revenue Service (IRS) to verify that (1) individuals have…
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