FCCI Insights | Robert Sheen (7)

IRS Brings More Updates To Forms For 2017

With ACA reporting deadlines approaching soon, the IRS has issued draft updates to forms 1094-C and 1095-C which large employers must use to report on certain health plan information to the IRS.

In addition, in conjunction with the DOL and the U.S. Department of Health and Human Services, the ..

IRS Brings More Updates To Forms For 2017

ACA Penalties For Missing Information? Maybe Not, If You Act Responsibly

ACA Penalties For Missing Information? Maybe Not, If You Act Responsibly

At the close of July, the IRS issued proposed regulations around the filing of forms 1094 and 1095. Under IRC 6055, certain large employers must..

Form 5500’s Proposed Changes: An Update

Form 5500’s Proposed Changes: An Update

News that the DOL planned to change Form 5500 surfaced several weeks ago and now more information has become available. In line with recent..

States Feel Shifts In Medicaid Expansion As New Governors Take Office

States Feel Shifts In Medicaid Expansion As New Governors Take Office

Medicaid expansion is not a fixed journey, as we’re slowly learning from states like Kentucky and Louisiana. The Wall Street Journal reports a..

Troubles With Uber And The “Gig” Economy Extend Overseas

Troubles With Uber And The “Gig” Economy Extend Overseas

Over the past year, we’ve watched Uber go through a rollercoaster ride. It all started when drivers who at random points throughout the year exceeded..

Minimum Essential Coverage: Looking Ahead Toward 2016 Reporting

Minimum Essential Coverage: Looking Ahead Toward 2016 Reporting

Let’s call the details of the Affordable Care Act a work in progress, even still. Since its humble 2010 beginnings, the ACA has evolved based upon..

The ACA’s 2016 Reporting Forms Are Changing: View The IRS Drafts

The ACA’s 2016 Reporting Forms Are Changing: View The IRS Drafts

Over the past two months, the IRS has gradually rolled out ACAreporting forms for 2016. So far? 1094-B and 1095-B have been changed, as well as ..

ACA Late Filing: A Penalties Chart

ACA Late Filing: A Penalties Chart

Employers were given a gift of sorts from the IRS and the ACA when extensions for paper filings were extended to 5/31/16 and electronic filings..

New Study Finds That Premiums Are Still Down Thanks To The ACA

New Study Finds That Premiums Are Still Down Thanks To The ACA

Of all the preconceived notions surrounding the Affordable Care Act (ACA), anything money related remains at the forefront. As insurance companies..

Hey Cigna, Welcome To Chicago!

Hey Cigna, Welcome To Chicago!

2016 has been a confusing one for many Americans who question the security of their health insurance providers. As major companies like..