Mar 14

21st Century Cures Act

On December 13, 2016 President Obama signed the 21st Century Cures Act which includes a provision allowing small businesses to offer a new type of health reimbursement arrangement for their employees’ health care expenses, including individual insurance premiums. The provision for Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs), a new type of tax-free... read more →
Nov 21
Oct 25
Oct 22

Lisa Keith Qualifies for Soaring Eagle Award

Lisa Keith Qualifies for Soaring Eagle Award Lisa Keith, President/Founder of Princeton HR Solutions, LLC, has qualified to receive the National Association of Health Underwriters' (NAHU) prestigious Soaring Eagle Award. The Soaring Eagle Award is presented to members of NAHU who demonstrate exceptional professional knowledge and outstanding client service. Lisa Keith... read more →
Jan 14
Jul 21

Employer Shared Responsibility and Penalties A and B under the ACA

The Employer Play or Pay mandate, known as "Employer Shared Responsibility" under the Affordable Care Act (ACA), will only apply to employers with at least 100 fulltime equivalent employees (FTEs) in 2015, as the Administration has provided an additional year for employers with less than 100 fulltime equivalent employees to... read more →
Jul 07

Reminder! PCORI Fee Due July 31, 2015

The Affordable Care Act (ACA) requires health insurance issuers and sponsors of self-insured health plans to pay "Patient-Centered Outcomes Research Institute" (PCORI) fees. The fees are reported and paid annually using IRS Form 720. For fully-insured plans, the insurers are responsible for the fee (most build in the fee into their current... read more →
Feb 11

IRS Reporting on Individual and Employer Mandates under the ACA

The IRS has released the final forms and instructions under sections 6055 and 6056 for applicable large employers (‘ALEs’), insurers and employers with self-insured health plans for reporting on individual and employer mandates under the Affordable Care Act (ACA). The first reporting is required in early 2016 for the 2015... read more →
Jan 27
Nov 14

HIPAA certificates no longer needed due to ACA

Starting January 1, 2015, medical plans will no longer be required to provide Certificates of Creditable Coverage (COCCs) under the Health Insurance Portability and Accountability Act (HIPAA). As a result, medical insurers will stop producing and sending COCCs as of the 1st of the year. These certificates, also sometimes referred... read more →