2017 Obamacare Update

Given the fact that, despite Republican efforts in Congress, the ACA has not been repealed or replaced, it appears that the ACA will be with us for some time yet. Following is a listing of ACA developments and deadlines that you may wish to keep in mind for 2017: Information Reporting Requirements Section 6055 Reporting Entities (Self-insured employers, regardless of size, that provide minimum essential health coverage) were required to file forms 1094-B and 1095-B with the IRS no later than February 28, 2017 (or March 31, 2017, if filed electronically). Individual statements were due to be provided by March 2, 2017. Section 6066 Reporting Entities (Employers with 50 or more full-time (including full-time equivalent (or FTE)) employees were required to file forms 1094-C and 1095-C with the IRS no later than February 28, 2017 (or March 31, 2017, if filed electronically), with individual statements due to be provided by March 2, 2017. NOTE: Penalties for fail...