The Affordable Care Act and YOU Presented by: Rae Anne Beaudry, Executive Vice President

What’s on the Radar Health Plan Identifier Number (As of October 31, 2014 – Delayed indefinitely) Open Enrollment and Waivers (Should obtain waivers) W-2 Reporting – All in 2015 for 2014 6055 MEC (Minimum Essential Coverage) 6056 ALE (Applicable Large Employer) Re-Insurance Tax - Reporting due Dec. 5th (delayed from 11/17) and payment early next year Notices (Medicare D – Credible Coverage, etc.)

Section 125 New Qualifying Events Do you contribute to your employees’ Flex accounts? If yes, and more than $500 per year, it’s another health plan and reinsurance tax is due New Allowance for Medical Reimbursement Accounts ($2,550 for 2015) Carryover vs. H.S.A. Contributions

Employer Mandate Effective 1/1/15 Failure to offer Affordability 50-99 Transitional Period

Outline for Initial Lookback Periods Identify what types of employees are affected Full time employees Employees reasonably expected to work 30 hours per week Part time employees Variable hour employees Seasonal employees Ongoing employees vs New hires

Outline for Initial Lookback Periods Ongoing employees Measurement period Stability period New hires Transition into ongoing employee status Full time status vs part time status

Domestic Partner Coverage vs Same Sex Spouse Who qualifies as a domestic partner in WI? Spouse? Ability to offer coverage and tax consequences Amending your plans to allow newly eligible dependents Family Medical Leave Amended to Add Definition of Same Sex Spouse (doesn’t discuss partners) What can or should you do with your plans if the WI Constitutional ban on same sex marriage is overturned?

Questions?