By Think HR and WAKEUP CALL
It was a busy week for news regarding the Affordable Care Act (ACA). Courts issued conflicting rulings on ACA subsidies, the IRS raised the threshold for “affordable coverage” under the employer mandate, and the IRS released drafts of forms related to the new employer reporting requirements for 2015.
Conflicting Court Rulings on ACA Subsidies
On July 22, two different federal appeals courts ruled on whether subsidies are available through all ACA insurance exchanges or only through state-run exchanges. The two rulings are mirror opposites so further appeals are expected. In the meantime, subsidies continue to be available in all states.
Exchange subsidies are an important issue for large employers due to the ACA’s “play or pay” provision (employer mandate)...Read More