State-specific regulatory compliance and resources to help clients stay informed and compliant with current legislation.
The RxDC reporting is required for all group health plan sponsors, The reporting is based on a Calendar Year, with the report due annually by June 1st.
Employees are subject to a tax penalty if any full-time employee receives a premium tax credit or cost sharing reduction to purchase health coverage through a Health Insurance Exchange.
(ALEs) are required under the ACA to provide employees with affordable, minimum value coverage in order to not have penalties assessed.
Overview of employer reporting requirements, guidance for applicable large employers and coding tips for 1095 fillings.