Beginning in late June, 2016, employers began receiving notices from the Marketplaces indicating one of their employees has qualified for advance premium tax credits. Many are asking what is this notice and how should it be dealt with.
The following explains what the notice is and what steps an employer should consider taking.
Under Section 1411(e)(4) of the Affordable Care Act, a Marketplace must notify an employer if any of its employees is determined to be eligible for a premium assistance credit (or ...
HR Workplace Services PACE Act Signed into Law on October 7, 2015
Employers who thought they may get relief from “small group” provisions of the Affordable Care Act (ACA) will not get such relief. On October 7, 2015 President Obama signed into law the Protecting Affordable Coverage for Employees (PACE) Act. Prior legislation would have expanded the definition of a small group from 2 – 50 employees to 2 – 100 employees. The PACE Act keeps the current definition of a small group as it is at ...