Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

CMC Pension Professionals
(Remote)

CMC Pension Professionals logo

Retirement Plan Relationship Manager

ERISA Services, Inc.
(Remote)

ERISA Services, Inc. logo

Senior Internal Sales Consultant

EPIC RPS
(Remote)

EPIC RPS logo

Retirement Plan Administrator

ERISA Services, Inc.
(Remote)

ERISA Services, Inc. logo

Manager, Defined Contribution (TPA)

HowardSimon, Strongpoint Partner
(Remote)

HowardSimon, Strongpoint Partner logo

Retirement Sales Consultant

Pension Financial Services
(Duluth GA / Hybrid)

Pension Financial Services logo

Senior Client Service Specialist

EPIC RPS
(Remote / AZ)

EPIC RPS logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Wellness Plans Incentivizing COVID-19 Vaccinations Could Trigger ACA Penalties
Accord Link to more items from this source
[Guidance Overview]
Sept. 1, 2021

"The clear language of the existing regulations ... would result in any wellness program incentivizing a COVID-19 vaccination to increase the amount the employer must report to the IRS on line 15 of the Form 1095-C by the amount of the penalty being imposed on employees who are not vaccinated.... [E]ven a fully vaccinated employee would have to have his/her amount that is to be reported by the employer on line 15 of the Form 1095-C increased by the amount of the penalty as the wellness program would not relate to tobacco use! ... This would have a dramatic impact on who would be eligible to receive a premium tax credit as a result of the employer's offer of coverage not meeting the ACA's affordability definition."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).
© 2024 BenefitsLink.com, Inc.