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Tag: ACA

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PROPOSED CHANGES TO CAFETERIA PREMIUM ONLY PLAN ELECTIONS & LOOK-BACK PERIOD

In September the IRS issued two notices regarding the Affordable Care Act.  Notice 2014-49 describes a proposed approach for applying the look-back measurement method used to determine full-time employee status for purposes of IRS Code § 4980H in situations when the measurement period applying to an employee changes. This change may occur because the employee…
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Section 125 POP & Individual Plans….Have You Heard of The Term “Double Dip”?

Our office has been flooded with calls and e-mails concerning the ability to allow employees to run their premiums for personal plans through a Section 125 POP to avoid income tax.  Unfortunately ACA specifically identifies and prohibits the use of a Section 125 Plan for premiums through the federal exchange. There has been wide publicity…
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Healthcare Backlash: Should Businesses Drop Their Sponsored Healthcare Plans?

Last week, we talked about how some businesses are considering discontinuing their healthcare plans because of the Affordable Healthcare Act (AHCA). Would this decision benefit businesses or their employees? The companies that are saying that they are considering dropping their Employer Sponsored Healthcare Plans say that they would save money in administration costs, even if…
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