Proposed Rules Released on Employer Penalties

Beginning in 2014, large employers are subject to “pay or play” requirements under the Affordable Care Act (ACA). The “pay or play” rules impose penalties on certain large employers that do not offer health coverage to their full-time employees, or that offer coverage that is either unaffordable or does not provide minimum value. These penalties […]

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Health Care Reform: The Supreme Court’s Decision

The Court Decision A major component of the health care reform law, or Affordable Care Act, is the individual mandate—a provision that will require most individuals to purchase health care coverage or pay a penalty, beginning in 2014. The legal challenge to the health care reform law focused on the individual mandate. In its decision, […]

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IRS Releases 2018 FSA Limit Increase

The Affordable Care Act (ACA) imposes a dollar limit on employees’ salary reduction contributions to health flexible spending accounts (FSAs). On October 19, 2017, the Internal Revenue Service (IRS) released the new limits for taxable years beginning in 2018. The new FSA dollar limits on employee salary reduction contributions will increase from $2,600 to $2,650. […]

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