Benefits Buzz - April 2018

How to Handle an ACA Penalty Letter:  The IRS has begun issuing letters to employers who are not offering health coverage to full-time employees. Under the Affordable Care Act’s (ACA) employer shared responsibility rule, applicable large employers must provide affordable health coverage to full-time employees or face stiff penalties. 

There are two key provisions to the ACA’s employer shared responsibility rule that can
trigger thousands of dollars in penalties: 

1. Full-time employees must be provided health coverage.
2. That coverage must be adequate and affordable, as specified by the law.

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