The Affordable Care Act (ACA) has made a number of significant changes to group health plans since the law was enacted over four years ago. Many of these key reforms became effective in 2014, including health plan design changes, increased wellness program incentives and reinsurance fees.
Additional reforms take effect in 2015 for employers sponsoring group health plans. In 2015, the most significant ACA development impacting employers is the shared responsibility penalty and related reporting requirements for applicable large employers. To prepare for 2015, employers should review upcoming requirements and develop a compliance strategy.
This Legislative Brief provides a health care reform compliance checklist for 2015. Please contact Clark & Associates of Nevada, Inc. for assistance or if you have questions about changes that were required in previous years.
Download the PDF version of the 2015 Compliance Checklist.