Employers Face Increased Penalties

WOTC hiatus: call to action

Employers Face Increased Penalties for Failure to Comply with ACA Reporting Requirements On June 29, 2015, just four days after the Supreme Court’s ruling in the King v. Burwell case that proved the Affordable Care Act is here to stay, President Obama signed the Trade Preference Extension Act of 2015 (Trade Act) into law. The [Read More…]

Bulletin: Income and Employment Verifications – “ACA and the Impact on Verifications”

ACA and the Impact on Employment Verifications According to the Affordable Care Act (ACA), employees not offered medical coverage by their employer (or affordable coverage relative to their household income) might be eligible for Medicaid benefits or tax incentives intended to help them purchase insurance. The Centers for Medicare and Medicaid Services (CMS), the federal [Read More…]

Huge Milestone Achieved with Managing the ACA

Huge milestone achieved

We are proud to announce that Equifax has achieved a huge milestone on our journey to help employers comply with the Affordable Care Act. Our award-winning ACA Management Platform is now responsible for managing ACA compliance for over 14 million employees. That’s right – 14 million employees! … and we’re even more proud of our [Read More…]

Are You Prepared To Handle New Obamacare Reporting Requirements? Article featured by TLNT

ACA Compliance Warning

In an article recently published by TLNT, Equifax’s Kristin Lewis discusses the reporting requirements associated with the Affordable Care Act (ACA) and how the Supreme Court’s decision in the King v. Burwell case will impact employers. Titled “Are You Ready To Handle New Obamacare Reporting Requirements?”, the article explains that the ruling means business as [Read More…]

Webinar: Employment Verifications for ACA

ACA Alert

Webinar: Impact of ACA | CMS on Verifications  Wednesday | July 29th | 12:00 pm CDT; 1:00 pm EDT The Centers for Medicare and Medicaid Services (CMS), the federal agency responsible for administering the benefit programs defined by the ACA, will require employer validation of employment and income in assessing applicant eligibility. CMS has selected The Work Number® as [Read More…]

King v. Burwell: Subsidies Stand

The U.S. Supreme Court has issued a ruling in the King v. Burwell case stating that the Affordable Care Act (ACA) does in fact allow the Internal Revenue Service (IRS) to provide Premium Tax Credits, or subsidies, for health insurance provided under the Federal Marketplace. Although the language of the law states that subsidies are [Read More…]

Webinar – ACA is Here to Stay: Best Practices for ACA Management

Webinar – ACA is Here to Stay: Best Practices for ACA Management Tuesday | July 7, 2015 | 1:00 PM EDT The Supreme Court has issued a ruling in the King v. Burwell case upholding Premium Tax Credits, or subsidies, for health insurance provided under the federal Marketplace. But what does this mean in terms [Read More…]

Webinar Recap – ACA IRS Reporting with Intuit and Equifax

Alternative data tools help your bank meet today's big challenges.

Two weeks ago, Equifax published a survey with PwC on employers’ preparedness for ACA IRS reporting. The results were intriguing, and we wanted to learn more. So during a recent webinar with Intuit, the provider of Turbo Tax® software, we polled the audience and the outcome further proved that employers need an expert in their [Read More…]

Managing the ACA – Workforce Trends by Industry

ACA Compliance

What do your industry’s trends say about how you should manage the Affordable Care Act? Did you know that 65% of employees in the U.S. are hourly? Are you aware that, based on the average pay rate for hourly workers, the maximum monthly premium for healthcare to be considered “affordable” under the Affordable Care Act [Read More…]

Many Employers Not Prepared for ACA Reporting-Survey with PwC

ACA and IRS Reporting Guide for Employers Banner

The results are in… and employers still have a lot to do to prepare for ACA reporting. Equifax recently published the results of a survey conducted with PricewaterhouseCoopers L.L.P. on the readiness of employers for Affordable Care Act reporting.  The survey consisted of responses from nearly 500 organizations of different sizes that span across various [Read More…]