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ACA
Important Update Play
or Pay: In-Depth Information on Final Regulations Please see our most recent CBIZ Health Reform Bulletin: Exploring Shared Responsibility Rules
(HRB91) for vetted in-depth information regarding the final regulations
(issued February 12, 2014) surrounding the Employer Shared Responsibility
Provision (Play or Pay). Due to the length of the document, we have included a table of
contents below. Here is what you can
expect to find in HRB 91: ·
Employers Subject to the ACA’s
Shared Responsibility Requirement-Page 1
·
Employer
Defined ·
Applicability
of Control Group Rules ·
Determining
Applicable Status ·
Transition
Relief Rules ·
Next Steps ·
Who is an Employee and How is an
Employee classified for ACA’s Employer Shared Responsibility Requirement?-Page
3 ·
Employee
Defined ·
Calculating
Hours of Service ·
Determining
Full-time Employee Status ·
Transition
Relief ·
Next Steps ·
What is an “Offer of Coverage”
for ACA Shared Responsibility Purposes?-Page 8 ·
Affordability
Standard ·
Minimum
Value Standard ·
Who Must be
Offered Health Coverage? ·
Employees of
a Controlled Group ·
Next Steps ·
ACA’s Employer Shared
Responsibility Provisions Unique to Educational Organizations-Page 9 ·
Periodic
Breaks during Academic Year ·
Calculating
Hours of Service ·
Break in
Service Rules ·
Next Steps ·
Illustrative Examples-Page 11 As the ACA and its regulations continue
to evolve, we will continue to monitor, evaluate and interpret the changes as
they become available. Contact us with questions. |
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