US EditionNew Legislation Updates ACA Reporting Rules - Arrow Benefits
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New Legislation Updates ACA Reporting Rules - Arrow Benefits
At the close of 2024, Congress passed two new pieces of legislation: the Paperwork Burden Reduction Act and the Employer Reporting Improvement Act. These laws simplify the Affordable Care Act (ACA) reporting requirements for employers and introduce new limits on the IRS’s authority to enforce “pay-or-play” penalties, among other changes. Under the ACA, applicable large employers (ALEs) and non-ALEs with self-insured health plans must report to t…
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