Tag Archives: ACA

Republicans just released a new healthcare bill — here’s what’s in it

committee on the budget logo

Business Insider
By: Bob Bryan
July 13, 2017

Senate Republican leadership released the updated version of its healthcare bill on Thursday, but continued pushback from its own conference likely puts the legislation in the same perilous position as previous iterations.

Read more ...

Employer Mandate Penalties are coming!

1095-C Form

Many employers have wondered, since they haven’t heard anything about those 1094/5 forms, if the IRS had decided not to follow up on the mandate.

Read more ...

HSA Update -why you should be using them!

Health savings account with conover consulting logo and start saving explanation

Great article byLoretta Metzger, Employee Benefit Advisor, 3/13/17

As the cost of healthcare zooms upward, many employers are shifting to high-deductible health plans, which include a lower monthly premium and, as the name implies, a higher deductible. In 2016, 29% of all insured employees were enrolled in HDHPs — an increase of 9% since 2014, according to Kaiser Family Foundation. Often, employers offer health savings accounts along with HDHPs to enable employees to save money tax-free for medical expenses.

Read more ...

Employers That Hire Holiday Help: Understand the ACA Rules Around Seasonal Workers

holiday help seasonal workers

“If you have at least 50 full-time employees, including full-time equivalent employees, on average during the prior year, your organization is an ALE…. If your workforce exceeds 50 full-time employees for 120 days or fewer during a calendar year, and the employees in excess of 50 during that period were seasonal workers, your organization is not considered an ALE. For this purpose, a seasonal worker is an employee who performs labor or services on a seasonal basis.”
Internal Revenue Service [IRS]

Reeve Conover is a Registered Representative. Securities offered through Cambridge Investment Research, Inc., a Broker/dealer member FINRA/SPIC. Cambridge and Conover Consulting are not affiliated. Licensed in SC, NC, NY, CT, NJ, and CA.
FINRA.org - SIPC - Brokercheck