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The Affordable Care Act (ACA), also known as Obamacare, is a comprehensive healthcare reform law enacted in the United States in March 2010. The primary goals of the ACA are to increase the quality and affordability of health insurance, expand Medicaid eligibility, and reduce the overall number of uninsured individuals. Here are some key components […]

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The Affordable Care Act (ACA) imposes certain reporting requirements on applicable large employers (ALEs) and health insurance providers. The purpose is to promote transparency and ensure compliance with the ACA provisions. Here are the key reporting requirements: Employer Shared Responsibility Provision (ESRP) – Form 1094-C and 1095-C: Applicable Large Employers (ALEs) with 50 or more […]

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The Affordable Care Act (ACA) safe harbors, in the context of employer-sponsored health coverage, refer to certain provisions that provide protection or relief to employers from potential penalties or requirements under the ACA. These safe harbors are designed to simplify compliance and alleviate some of the challenges that employers may face in meeting specific ACA […]

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