Applicable large employers and self-funded employers of all sizes have now completed the first round of required IRS reporting under the Patient Protection and Affordable Care Act (ACA). The ACA requires individuals to have health insurance, while applicable large employers (ALEs) are required to offer health benefits to their full-time employees.
Topics: ACA, PPACA, IRS Reporting Rules, premium tax subsidy, employer shared responsibility, minimum value coverage, applicable large employers
The Federal Poverty Level (FPL) is used to determine eligibility for many government programs, including Medicaid and the premium tax credit/subsidy available through the health marketplace/exchange. The Department of Health and Human Services (HHS) has released the following 2014 Federal Poverty Level figures. They reflect a 1.5% cost of living increase over 2013.
Topics: health insurance exchanges, ACA, health marketplace, PPACA, Premium Tax Credit, Medicaid, Federal Poverty Level, FPL, premium tax subsidy