I have a client (llc filing as partnership) who provides insurance coverage to select employees via a group plan and also pays their own premiums via the llc. I'm thinking this is no longer allowable under the ACA is it? Or are employers still allowed to offer plans to certain classes of employees (this is a less than 50 employee employer)? If it is not allowable, when do the penalties kick in for them. I'm so confused on all of the dates...
Announcement
Collapse
No announcement yet.
Employer Provided Health Insurance
Collapse
X
-
The first step would be to find out of if the medical carve out plan is grandfathered. Ask the insurance company. If not grandfathered, then it is likely the penalties would begin in 2014. The penalty is for the 100/day discrimination - not the penalty for not offering coverage.
This is an extremely uncertain area right now as DOL has not released enough information.
Comment
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
Comment