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ACA 101

5
Jul 2017
Posted in ACA 101

On June 22, 2017, a draft was released by the Senate Republicans to repeal and replace the Affordable Care Act. The Senate is drafting a new health care bill called the Better Care Reconciliation Act that substitutes the House bill, but still contains similar regulations. The Senate’s bill will have to face another vote before

23
May 2017
Posted in ACA 101

On Thursday, May 4, the U.S. House of Representatives voted to approve The American Health Care Act (AHCA), an updated bill to repeal and replace various provisions in the Affordable Care Act (ACA). The vote passed by a margin of 217 to 213 along party lines. The bill now moves to the Senate where it

22
May 2017
Posted in ACA 101

On May 4th, 2017 the House of Representatives approved the bill to repeal and replace major parts of the Affordable Care Act. The bill still needs to be approved by the Senate, which would need to happen through the budget reconciliation process. It is not certain yet whether the Senate would be permitted to pass

31
Mar 2017
Posted in ACA 101

All 1094 and 1095 forms should have been filed to the IRS at this time. The deadline to file electronically was March 31st 2017. On March 6, 2017, House Republicans announced a bill to partially repeal and replace the Affordable Care Act (ACA). Nothing has yet been passed by Congress or signed into law by

28
Feb 2017
Posted in ACA 101

All 1095-C’s should be handed out to employees by March 2nd 2017. If employers are filing their 1094-C/1095-C through paper, all forms should have been postmarked for February 28th 2017. Electronic filing deadline is March 31st 2017.  

8
Feb 2017
Posted in ACA 101

President Donald Trump signed an executive order to “Minimize the Economic Burden of the Patient Protection and Affordable Care Act Pending Repeal” which is a very broad directive to move to make the regulation easier and less costly on states, individuals, and what is being interpreted as employers. The order calls for change and provides

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