The excise tax would take hold in 2018 and impose a 40% tax on employers for offering health benefits too generous they’ve been deemed a waste of healthcare spending dollars.
Tag Archives | IRS
Per the IRS regulations, the following percentages of 2014 dues vs. 2014 lobbying expenses for the three NAHU membership levels determine the allowable deductible amounts.
Starting in 2015, the ACA requires applicable large employers (ALEs) to either provide affordable, minimum value health coverage to full-time employees or face penalties.
The Department of Health and Human Services (HHS) and the Internal Revenue Service (IRS) have provided four methods for determining MV of a plan, including an online MV Calculator.
In response to interest from employers in helping employees pay for individual health insurance policies, the Departments of Labor (DOL), Health and Human Service (HHS) and the Treasury (Departments) issued FAQ guidance on Nov. 6, 2014, clarifying that these arrangements do not comply with the ACA’s market reforms and subject an employer to penalties.