New Presentations Available about 6055 and 6056 Reporting Requirements

Two new presentations are available in the Healthcare Reform toolkit to help explain the 6055 and 6056 reporting requirements. The presentations explain the requirements, who must comply, details of what the reports must contain, reporting deadlines, and more.

View the 6055 Reporting presentation here.

View the 6056 Reporting presentation here.

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Same-Sex Marriage Ruling

Prior to the June 26, 2015, Supreme Court ruling legalizing same-sex marriage, Starmark processed same-sex marriage as a qualifying event in states which recognized same-sex marriage. In light of the recent ruling, Starmark will continue to process special enrollees in all states.

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Filed under Enrollment, Healthcare reform

Letters Being Sent to Employers Regarding Social Security Numbers

Starting this week, letters will be mailed to Starmark® employers with a self-funded plan design providing information on the status of dependent social security numbers (SSNs). This will help with their 2016 ACA 6055/6056 filing requirements by letting them know if we are missing SSNs for any covered dependents. The broker of record will receive a copy of their group(s) letter.

If the employer has any covered dependents in 2015 with missing SSNs, or adds a dependent later with a missing SSN, they can log in to the Starmark website and update the information under Manage My Group > Dependent SSN Update. The initiative by the employer to obtain and update all missing information will help to ensure that the January 2016 report available in the Document Center will be as complete as possible.

It is the employers’ responsibility to collect the pertinent information and file the appropriate documents with the IRS for all employees. Employers should consult a professional benefit adviser or legal counsel regarding how the law may impact their business and specific self-funded benefit plan.

View the letters below:
Social security numbers missing
Add-on information

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Supreme Court Rules on Federal Tax Subsidies

In a widely anticipated ruling, the U.S. Supreme Court issued a decision upholding the payment of subsidies to consumers who obtain health insurance coverage through the federal marketplace or exchange..

On June 25, 2015, the Court ruled that federal tax subsidies should be provided to millions of lower- and middle-income Americans who purchased individual health insurance in approximately three dozen states through the federal marketplace or exchange..

The Obama administration had contended that the Patient Protection and Affordable Care Act (PPACA) extends the subsidies to Americans who purchase health insurance through the federal marketplace and through exchanges established by states. However, challengers maintained the law limits the subsidies to individuals who purchased health insurance only through a state exchange.

The Court’s Opinion is available at:

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Filed under Exchanges, Healthcare reform

More Help on the PCORI Fee

The Internal Revenue Service has released a chart designed to help determine the filing due date and applicable rate for the Patient-Centered Outcomes Research Institute (PCORI) fee, based on when a  plan year ends.

Follow this link for more information about the PCORI fee. To view the chart, click here.

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Filed under Healthcare reform, PCORI, PPACA Fees

FAQs on Preventive Care Released

The U.S. Departments of Labor, Health and Human Services and the Treasury have released a set of frequently asked questions (FAQs) about coverage of preventive services under the Patient Protection and Affordable Care Act.  The questions and answers are related to coverage of BRCA testing, contraceptives, sex-specific recommended preventive services, well-woman preventive care for dependents and colonoscopies.

To read the FAQ document, click here.

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Filed under FAQs, Healthcare reform, Preventive Care

More Guidance on Cost Sharing

The U.S. Departments of Health and Human Services, Labor and the Treasury reaffirmed that a group health plan’s annual in-network out-of-pocket maximum for Essential Health Benefits* cannot exceed $6,850 for self-only coverage and $13,700 for all other coverage. The final regulation also clarifies that the in-network individual out-of-pocket maximum applies to all individuals, regardless of whether the individual is covered by a self-only or family plan (including a high-deductible health plan).

This requirement is applicable for plan and policy years that begin on or after 2016. As a result, family coverage offered to an insured large group or self-funded group in 2016 must have maximum out-of-pocket limits on Essential Health Benefits that do not exceed $6,850 for each individual (the approved maximum out-of-pocket limits for self-only coverage) and $13,700 for the entire family (the approved maximum out-of-pocket limits for family coverage).

Previously, the Centers for Medicare and Medicaid Services had indicated this requirement would apply to the individual and small group insurance market, but it was not clear from its announcement if the restrictions also applied to the large group market and to self-funded group health plans. A new document clarifies that the restrictions apply to all non-grandfathered policies and plans beginning on or after 2016.

The departments issued the guidance in “FAQs About Affordable Care Act Implementation (Part XXVII).”

*ERISA self-funded plans do not have to include 10 categories of benefits known as Essential Health Benefits (EHBs). However, if such self-funded plans do include EHBs for plan years beginning on or after Jan. 1, 2014, they are prohibited by PPACA from imposing lifetime or annual dollar limits on these benefits.

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Filed under Cost sharing, FAQs, Healthcare reform