Don’t Forget About Changes That Could Affect Your Premium Tax Credit

If you have insurance through the Health Insurance Marketplace, you may be getting advance payments of the premium tax credit. These are paid directly to your insurance company to lower your monthly premium. Changes in your income or family size may affect your premium tax credit. If your circumstances have changed, the time is right for a mid-year checkup to see if you … [Read more...]

How many full-time employees do you really have?

The Employer Shared Responsibility provisions of the Affordable Care Act are based on the number of employees a business has. A business with over 50 full-time (or full-time equivalent) employees has certain responsibilities to provide group health insurance or make shared responsibility payments. Read more about the Employer Shared Responsibility Provisions It’s … [Read more...]

The Affordable Care Act – How it Affects Larger Businesses

Some of the provisions of the Affordable Care Act (ACA) apply only to large employers, which are generally those with 50 or more full-time equivalent employees. These employers are considered applicable large employers (ALEs) – and are subject to the employer shared responsibility provisions and the annual employer information return provisions of the ACA. For example, in … [Read more...]

The Affordable Care Act – How it Affects Small Businesses

Less than 50 employees? Here’s how the Affordable Care Act affects you. Most businesses in the U.S. have fewer than 50 full-time employees or full-time equivalent employees. If you are one of them, you are not subject to the Affordable Care Act’s employer shared responsibility provision. If an employer has fewer than 50 full-time employees, including full-time … [Read more...]