Health efx

State healthcare reform is here. What’s it mean for your company?

Health efx

As an employer, managing your ACA requirements isn’t always easy. However, if your company operates in several states, the challenges you face associated with your ACA compliance considerations could become much more difficult.

What You Need to Know About Forms 1094 & 1095: A Simplified Guide

Health efx

It’s reporting season again for applicable employers who are working to comply with Affordable Care Act requirements. Forms 1095 and Forms 1094 play an important role in avoiding IRS penalties. This blog clarifies the purpose of each form and provides links to important, simplified training guides. Here’s what you need to know: If you’re an employer with 50 or more full-time employees or full-time equivalent employees, you’re considered a large employer.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

State healthcare reform is here. What does it mean for your company?

Health efx

As an employer, managing your ACA requirements isn’t always easy. However, if your company operates in several states, the challenges you face associated with your ACA compliance considerations could become much more difficult.

Common ACA complex employer challenges and how to solve them

Health efx

At first glance the expectations tied to the Affordable Care Act (ACA) can seem well-defined.

eBook 52

Does Your Workforce Have the Talent DNA for the Digital Future?

With the increasing adoption of automation and data-driven technologies, the workforce is changing rapidly — regardless of whether we’re prepared to face it. Keeping up with the velocity of change is vital to success, and that means building digital readiness into the DNA of your organization so your workforce is ready to face an uncertain and constantly changing future.

Protect your company from receiving Letter 226-J, here’s how.

Health efx

As the years have passed, the IRS has continually improved its processes for identifying Affordable Care Act (ACA) compliance and information reporting violations. This makes your company’s compliance management more important than ever.

Data 52

Will new Health Reimbursement Arrangements (HRAs) become popular with large employers?

Health efx

Employer-provided healthcare continues to be the largest source of coverage in the United States. It’s also one of the most appreciated employee benefits offered.

Your ACA Compliance Can’t Wait: Here’s Why

Health efx

Every January we make our resolutions for the future. These resolutions may be personal — losing weight, exercising more or taking care of ourselves.

Will new Health Reimbursement Arrangements (HRAs) become popular with large employers?

Health efx

Employer-provided healthcare continues to be the largest source of coverage in the United States. It’s also one of the most appreciated employee benefits offered.

Your ACA Compliance Can’t Wait: Here’s Why

Health efx

Every January we make our resolutions for the future. These resolutions may be personal — losing weight, exercising more or taking care of ourselves.

2020 Report: The Future of HR

Paycor asked more than 500 leaders of medium and small businesses to talk about the present and future of HR. Download the guide and see what they said. Their responses will surprise you!

Making the effort to correct errors reported by the IRS is just as important as filing and furnishing

Health efx

You planned for your 2018 tax year reporting season, you mailed out all the Forms 1095-C to your employees and made your IRS filing date…but wait…the reporting season is not over.

Making the effort to correct errors reported by the IRS is just as important as filing and furnishing

Health efx

You planned for your 2018 tax year reporting season, you mailed out all the Forms 1095-C to your employees and made your IRS filing date…but wait…the reporting season is not over.

The Washington, D.C., individual mandate has been delivered. Here’s what it means.

Health efx

Since the federal repeal of the 2014 Obamacare tax penalty, Massachusetts, New Jersey and Vermont have all passed individual mandates of their own. Now Washington, D.C., joins that group. For District residents, it means stay the course and that — similar to life under the federal mandate — they are required to have “minimum essential coverage” beginning in 2019. Minimum essential coverage is defined as coverage that meets the expectations of the Affordable Care Act. How the act came to be.

Measuring ACA Eligibility Through the Look-Back Method

Health efx

In the modern business market, you’re conditioned to look toward the future. We all are. And that’s one thing that can make successfully navigating the Affordable Care Act (ACA) more difficult, because it isn’t just enough to look to the future when it comes to your ACA compliance.

How to Activate Employee Voice to Create and Sustain a Speak Up Culture

This whitepaper details how leaders can shift into an ‘action mindset’ that allows for growth and change at every level of your organization. Speak Up cultures promote productivity, improve retention efforts, and create positive employee engagement.

Understanding ACA affordability safe harbor options

Health efx

As mandated by the ACA, eligible employers must offer healthcare that meets minimum essential coverage (MEC) requirements to 95 percent of their full-time employees and their dependents. The law also indicates your employees’ required contribution must be no more than 9.5

Measuring ACA Eligibility Through the Look-Back Method

Health efx

In the modern business market, you’re conditioned to look toward the future. We all are. And that’s one thing that can make successfully navigating the Affordable Care Act (ACA) more difficult, because it isn’t just enough to look to the future when it comes to your ACA compliance.

Understanding ACA affordability safe harbor options

Health efx

As mandated by the ACA, eligible employers must offer healthcare that meets minimum essential coverage (MEC) requirements to 95 percent of their full-time employees and their dependents. The law also indicates your employees’ required contribution must be no more than 9.5

Keeping up with IRS Letter 226-J

Health efx

A year ago the IRS began issuing Letter 226-J notifying employers — those that may not have complied with section 4980H(a) and (b) of the ACA employer mandate during the 2015 tax year — of the penalties they may face for non-compliance.

The Art of Selecting Candidate Pre-Hire Assessments

Speaker: Melissa Dobbins, Founder & CEO, Career.Place

At the core of successful hiring practices is the fair and accurate evaluation of skills, abilities, knowledge and other criteria for a job. One powerful method to do this is through psychometric assessments. The right assessments used in the right way provide objective evaluation of criteria that are far more accurate than interviews alone. Unfortunately, choosing the wrong assessments or using assessments in the wrong way can lead to bad choices, biases, and even discriminatory practices that violate compliance standards.

What recent ACA changes mean for states, insurers and you

Health efx

While the pace of ACA news in mainstream media has slowed, health reform and changes to ACA-related regulations and revisions continue. So, we wanted to spend our blog today digging a little deeper into what you need to know and how these changes will affect states, insurers and you.

Common ACA complex employer challenges and how to solve them.

Health efx

At first glance the expectations tied to the Affordable Care Act (ACA) can seem well-defined. The “rule of 95”, after all, dictates that all appropriate companies must provide coverage to 95 percent of all applicable employees and that this coverage must meet the minimum federal requirements. Depending on the size of your company, this can be a rather large number, but the rule of 95 helps define your expectations, right? Now, here’s where it gets complicated.

eBook 40

Protect your company from receiving Letter 226-J, here’s how.

Health efx

As the years have passed, the IRS has continually improved its processes for identifying Affordable Care Act (ACA) compliance and information reporting violations. This makes your company’s compliance management more important than ever.

Data 40

5 Key Considerations Raised by Newly Proposed HRA Regulation

Health efx

Healthcare continues to be a focus of the Trump Administration and President Trump has used Executive Orders to drive regulatory change. In October 2017, President Trump issued an Executive Order directing the Secretaries of the Treasury, Labor, and Health and Human Services to consider how to expand the flexibility and use of health reimbursement arrangements (HRAs).

Recognition and Rewards Buyers Guide

Recognition and rewards are an integral part of your company’s employee experience. So, it’s critical to get a platform that fits your company culture on the first try. Check out this guide to understand what questions to ask before finding a new Recognition & Rewards platform.

Employers: Questions on the future of Association Health Plans

Health efx

In the healthcare world, President Trump’s dislike for the Affordable Care Act (ACA) is well documented and while his initiatives to overthrow the ACA in its entirety have failed, his plans to undermine the ACA are ongoing. One such initiative includes expanding the use of Association Health Plans (AHPs). AHPs have been around for years but have always been a challenge for both insurers and the insured due to complex federal and state rules and risk.

Employers: Questions on the future of Association Health Plans

Health efx

In the healthcare world, President Trump’s dislike for the Affordable Care Act (ACA) is well documented and while his initiatives to overthrow the ACA in its entirety have failed, his plans to undermine the ACA are ongoing. One such initiative includes expanding the use of Association Health Plans (AHPs). AHPs have been around for years but have always been a challenge for both insurers and the insured due to complex federal and state rules and risk.

Employers: Questions on the future of Associated Health Plans

Health efx

In the healthcare world, President Trump’s dislike for the Affordable Care Act (ACA) is well documented and while his initiatives to overthrow the ACA in its entirety have failed, his plans to undermine the ACA are ongoing. One such initiative includes expanding the use of Association Health Plans (AHPs). AHPs have been around for years but have always been a challenge for both insurers and the insured due to complex federal and state rules and risk.

Q4 Health Reform and Legislative Updates

Health efx

The post Q4 Health Reform and Legislative Updates appeared first on Health e(fx). Employers Insights Legislative Updates

40

Year in Review: Talent Acquisition in 2019 & the 2020 Impact

The year 2019 in talent acquisition was full of key learnings and insights that you can leverage in order to start 2020 ahead of the recruiting pack. This report walks you through core trends to continuously examine as you plan your recruiting strategy for 2020 and beyond.

Annual enrollment starts with ACA eligibility

Health efx

At Health e(fx) we understand the stress some departments feel during annual enrollment. We make it our goal to reduce the complexity of ACA compliance. If you’re feeling the pain of annual enrollment, our technology solution can help you simplify the process of offering benefits to your benefits-eligible employee population. We do this through several key differentiators. ACA eligibility determination support. Our technology leads the market in ability to determine benefits eligibility.

REMINDER: PCORI FEE DUE JULY 31

Health efx

For employers who sponsor self-insured health plans, the annual fee to help fund the Patient-Centered Outcomes Research Institute (PCORI) is due by July 31, 2017. The fee should be filed on the employer’s second quarter Quarterly Federal Excise Tax Return, IRS Form 720.

House May Vote on ACA Employer Mandate Act this Week

Health efx

September 12, 2018. Despite legal challenges and the repeal of the individual mandate late last year, the ACA Employer Shared Responsibility Provisions have prevailed. This week, these employer provisions will be put to further test with a House vote on the Save American Workers Act of 2018. Yet, due to budget impact and lack of Senate support it is unlikely this bill will become law. House leaders hope to vote on H.R. 3798, known as the Save American Workers Act of 2018, this week.

IRS Releases Draft Copies of Forms 1094-C and 1095-C

Health efx

The IRS released 2018 draft copies of Forms 1094-C and 1095-C on July 11 and those of us in the industry immediately began looking for changes. Similar to last year, there were few changes to be found. The draft forms are typically indicative of what the final version of forms will look like. Form 1094-C void of changes. Aside from expected date changes, it appears there are no alterations to the draft edition of Form 1094-C when compared to the final 2017 version.

5 Culture Trends for 2019

As we approach 2019, major shifts in the work environment will continue to affect the ways companies do business. Companies that are looking to attract, engage, and retain top talent should leverage these trends to create workplaces where employees thrive.

Workforce data integration helps employers uncover valuable insights

Health efx

Data has always been an important aspect of business. When businesses analyze data sets, they can make practical and educated conclusions to improve business practices, capitalize on workforce trends, and improve their bottom line. At Health e(fx), our technology integrates benefits, payroll and HRIS data and transforms these files into unparalleled insights to help employers save money, reduce ACA compliance risks and optimize their workforce strategies.

Data 40