IRS Provides Major Delay in 6055 and 6056 Reporting
Under the Patient Protection and Affordable Care Act (ACA), individuals are required to have health insurance, while applicable large employers (ALEs) are required to offer health benefits to their full-time […]
COBRA and the Affordable Care Act
The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires employers to offer covered employees who lose their health benefits due to a qualifying event to continue group health benefits for a […]
Omnibus Bill Signed Into Law; Delays Cadillac Tax
President Obama has signed the omnibus legislation that includes the Consolidated Appropriations Act for 2016 and a tax extenders package. The agreement will keep the federal government running through September […]
Innovative’s 2015 Gift Exchange
Innovative got into the holiday spirit on Friday with our annual holiday white elephant gift exchange. The team had a great time opening (and stealing) gifts over drinks and delicious […]
IRS Notice 2015-87: HRAs, Affordability, and More
On December 16, 2015, the Internal Revenue Service (IRS) and other federal agencies released IRS Notice 2015-87, which is a “potpourri” update that covers many different topics relating to the […]
Innovative Receives SNJBP Readers’ Choice Award!
Innovative Benefit Planning, L.L.C. is proud to announce that we were voted a Leader in Insurance and Risk Management in SNJBP‘s 2015 Readers’ Choice Awards. Innovative is honored to be recognized by the readers […]
Proposed Benefit Payment and Parameters Rule Released
Federal agencies have released the proposed rule for the 2017 Benefit Payment and Parameters. Among other items, it provides updates and annual provisions relating to: Risk adjustments, reinsurance, and risk […]
Agencies Issue Final Rule on Grandfathered Health Plans and Other Initiatives
On November 13, 2015, federal agencies issued a final rule that essentially combined a variety of interim final rules and non-regulatory guidance on a variety of Patient Protection and Affordable […]
EEOC Issues Proposed Rule Relating to Genetic Information and Wellness Programs
On October 30, 2015, the Equal Employment Opportunity Commission (EEOC) issued a Proposed rule to amend the regulations implementing Title II of the Genetic Information Nondiscrimination Act (GINA) as they […]
There’s Still Time to Get Help With ACA Reporting For 2015!
As ACA reporting deadlines for the 2015 tax year quickly approach, many organizations have found that the task of 1094/1095 reporting is too arduous to take on internally. At this point […]