ACA Employer Mandate Package Nears House Floor
Author: internet - Published 2018-09-10 07:00:00 PM - (408 Reads)The U.S. House of Representatives may vote on a package of measures related to the Affordable Care Act (ACA) employer health benefits requirements this week, reports Think Advisor . ACA currently requires "large employers" to provide full-time workers with affordable health coverage, with a minimum value, or else face the possibility of significant fines. The measures being considered would change the ACA employer coverage mandate threshold for a "full-time employee" to 40 hours per week, up from 30 hours per week. The measures would also delay the start date of the ACA excise tax on high-cost health benefits packages from Dec. 31, 2021 to Dec. 31, 2022. Another provision would require employers to provide Form 1095 coverage statements to individuals only when they ask for the statements, instead of having to send the statements to all employees, recently departed workers, and certain dependents every year.