{"id":215,"date":"2014-02-11T09:50:17","date_gmt":"2014-02-11T14:50:17","guid":{"rendered":"http:\/\/www.hnetalk.com\/hcr\/?p=215"},"modified":"2014-02-11T09:50:17","modified_gmt":"2014-02-11T14:50:17","slug":"important-aca-update-2","status":"publish","type":"post","link":"https:\/\/hnetalk.com\/broker\/2014\/02\/11\/important-aca-update-2\/","title":{"rendered":"Important ACA Update"},"content":{"rendered":"<p><a href=\"http:\/\/hnetalk.com\/broker\/wp-content\/uploads\/2013\/04\/RoadSign.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-16 alignright\" alt=\"RoadSign\" src=\"http:\/\/hnetalk.com\/broker\/wp-content\/uploads\/2013\/04\/RoadSign.jpg\" width=\"120\" height=\"146\" \/><\/a>On February 10, 2014, the U.S. Treasury Department issued a Fact Sheet and Final Regulations Implementing Employer Shared Responsibility under the Affordable Care Act (ACA) for 2015. Highlights of the Final Regulations include:<\/p>\n<ul>\n<li>Employers with fewer than 100 employees get a 1-year delay: They will not have to comply until 2016. This applies to employers with 50 to 99 full-time or full-time equivalent employees.<\/li>\n<\/ul>\n<ul>\n<li><span style=\"line-height: 1.4em;\">Employers with 100 or more employees: will have to comply in 2015, but will only be required to offer coverage to at least 70% of full-time employees, rather than 95%, in order to avoid potential penalties. In 2016, the percentage will increase to 95%.<\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"line-height: 1.4em;\"><span style=\"line-height: 1.4em;\"><span style=\"line-height: 1.4em;\">The final regulations provide clarifications regarding whether employees of certain types or in certain occupations are considered full-time, including seasonal employees and volunteers.<\/span><\/span><\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"line-height: 1.4em;\">The final regulations extend to 2015 the \u201ctransition rules\u201d that applied to 2014, including the transition rule for non-calendar year plans. Large employers with at least 100 full-time employees with plan years that do not start on January 1 will be able to begin compliance with employer responsibility at the start of their plan years in 2015 rather than on January 1, 2015.<\/span><\/li>\n<\/ul>\n<p>You will find the official fact sheet here: <a href=\"http:\/\/www.treasury.gov\/press-center\/press-releases\/Documents\/Fact%20Sheet%20021014.pdf\" target=\"_blank\">http:\/\/www.treasury.gov\/press-center\/press-releases\/Documents\/Fact%20Sheet%20021014.pdf<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On February 10, 2014, the U.S. Treasury Department issued a Fact Sheet and Final Regulations Implementing Employer Shared Responsibility under the Affordable Care Act (ACA) for 2015. Highlights of the Final Regulations include: Employers with fewer than 100 employees get a 1-year delay: They will not have to comply until 2016. This applies to employers [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":16,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[33,35,36],"tags":[],"class_list":["post-215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-affordable-care-act","category-hcr","category-library"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/hnetalk.com\/broker\/wp-content\/uploads\/2013\/04\/RoadSign.jpg","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6ZZOS-3t","_links":{"self":[{"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/posts\/215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/comments?post=215"}],"version-history":[{"count":0,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/posts\/215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/media\/16"}],"wp:attachment":[{"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/media?parent=215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/categories?post=215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hnetalk.com\/broker\/wp-json\/wp\/v2\/tags?post=215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}