“The Affordable Care Act (ACA) requires applicable large employers (ALEs), meaning employers that averaged at least fifty full-time employees (including full-time equivalent employees) during the preceding calendar year, to offer at least 95% of their full-time employees and the children of those employees who are under the age of 26 medical coverage that qualifies as minimum essential coverage.”
Download the report to learn more.
MZQ Beacon Alert - March 6, 2023 In this Edition: "The new compliance obligations that the Consolidated Appropriations Act of 2021 (CAA, 21) created for employ-sponsored plans can seem endless at times. One of the lesser-known parts of the CAA, 21 is the prohibition...
MZQ Beacon Alert - December 30, 2022 In this Edition: "On December 23, 2022, the Consolidated Appropriations Act, 2023 (CAA23) was signed into law. While this legislation does not include as many health provisions as the CAA of 2021, it does include anticipated relief...
MZQ Beacon Alert - December 27, 2022 In this Edition: "Late in the afternoon on December 23, 2022, the Administration issued Affordable Care Act FAQ #56, and in doing so gave a little holiday gift to all group health plans nationwide. The guidance establishes limited...