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Key Decision Points in ACA Reporting Vendor Setup Questionnaires, Part 4: Miscellaneous Questions
ABD Insurance & Financial Services
[Guidance Overview] Sept. 29, 2020 "Minimum Essential Coverage (MEC)? Almost always 'yes' ... Minimum value (MV)? Almost always 'yes'.... Self-insured? 'Yes' if medical plan option is not fully insured.... Aggregated ALE group? 'Yes' if multiple EINs in employer's controlled group.... Qualifying offer method? 'Yes' if using federal poverty line affordability safe harbor.... 98% offer method? Recommend 'no'.... Rule of parity? Recommend 'yes'.... Authoritative transmittal? Almost always 'yes'.... Conditional offer of spousal coverage? Almost always 'no'.... Equivalency hours for salaried employees? Almost always 'yes'." MORE >> |
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