Health Plans to Continue Providing Free Preventative Care

2025 ACA Pay or Play Penalties Decreasing

The IRS released the 2025 penalty amounts regarding the employer shared responsibility (pay-or-play) rules under the Affordable Care Act (ACA). For the 2025 calendar year, Penalty A will be $2,900 (a decrease of $70 per employee from 2024). Penalty B will be $4,350 (a decrease of $110 per employee from …

Health Plans to Continue Providing Free Preventative Care

Reminder: ACA Reporting Deadlines Approaching

Employers subject to the Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 have deadlines in early 2024. Who is subject to ACA reporting? Employers with self-insured health plans and applicable large employers (ALEs) with either fully-insured or self-insured health plans are subject to ACA reporting. …

Health Plans to Continue Providing Free Preventative Care

ACA Reporting Deadlines in 2024

Employers who are subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 have upcoming reporting deadlines in 2024. For the 2023 calendar year, employers are required to furnish statements to individuals by March 1, 2024, and file paper returns with the IRS by February …