Businesses often need to hire workers on a seasonal or part-time basis. For example, some businesses may need seasonal help for holidays, harvest seasons, commercial fishing, or sporting events. Whether you are getting paid or paying someone else, questions often arise over whether these seasonal workers affect employers with regard to the Affordable Care [...]
The list of medical care services for a range of chronic conditions allowed to be provided by a high deductible health plan (HDHP) was expanded effective July 17, 2019. These medical services and items are limited to the specific medical care services or items listed for chronic conditions including hypertension, congestive heart failure, osteoporosis, [...]
Open enrollment season on www.healthcare.gov has begun and lasts through December 15. Although 2019 will be the first year that those without coverage are not penalized, it is of course a very good financial move to obtain health insurance, and you may well qualify for subsidies to do so. Health insurance premiums for the [...]
Open enrollment for health insurance on www.healthcare.gov begins on November 1. For coverage beginning January 1, 2018, you must select a policy and pay the first month's premium by December 15. The 2018 penalty for not having coverage is 2.5% of family income. (Contrary to popular belief, the penalty has not been abolished and [...]
Under the Affordable Care Act, employers have generally been prohibited from reimbursing employee health insurance costs. However, beginning in 2017, employers can once again use pre-tax funds to reimburse employee health costs, including insurance. Such Health Reimbursement Arrangements (HRAs) have several conditions. A few of the major ones: HRAs are limited to businesses with [...]
