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

2. What’s on the Radar
Health Plan Identifier Number (As of October 31, – 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.)

3. 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

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

5. 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

6. 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

7. 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?

8. Questions?