Medcom Blog

New IRS Guidance on ACA Reporting

New IRS Guidance on ACA Reporting

Earlier this week, Medcom hosted a webinar with our Senior Legal Counsel, Michelle Barki. During the presentation, Michelle discussed a couple of things that signal major potential changes ahead for Affordable Care Act reporting. If you'd like to view the recording, register using this link. But we are also here to share a summary of Michelle's main points.

Safe Harbors - Little Faith in ALE Coding

As some of us know, Applicable Large Employers (companies with 50 or more team members) have two tax obligations under the IRS rules for the ACA. If ALEs...

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COBRA: Are You Compliant?

COBRA: Are You Compliant?

We can’t talk about COBRA compliance without really getting into what it means. COBRA stands for the Consolidated Omnibus Reconciliation Act of 1985. Now that’s a mouthful, which explains the abbreviation!

The federal law requires employers with 20+ employees to offer continuing healthcare coverage to their employees and dependents who would otherwise lose their health benefits due to a qualifying event, e.g., termination of employment, reduction of hours, divorce, etc. For more information on how COBRA works and to whom it applies, you can read about it on our COBRA Qualifying Event Quandary...

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Celebrating 31 Years of the ADA!

Celebrating 31 Years of the ADA!

This week on the Medcom Blog, we’re celebrating National Disability Independence Day! The July 26 holiday commemorates the signing of the Americans with Disabilities Act (ADA). The ADA became law in 1990 and prohibits discrimination against individuals with disabilities. It intends to protect these individuals and provide accommodations to access public goods and services.

ADA legislation was an important milestone for disabled people because it began the long journey towards normalizing accessibility in public spaces. Narrow doorways and small bathroom stalls have become a pastime due to their inaccessibility for the disabled. Handicapped entrances, braille...

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Our CDHP Solutions

Our CDHP Solutions

We are quickly approaching August, and it’s never too early to start planning for your Open Enrollment!

Open Enrollment is the time of year you can make changes or purchase additions to your health insurance plan, and we’re here to make it a hassle-free process by offering a wide range of solutions and customized training for your team. We’ve listed some of the consumer-driven health plans we offer below.

FSA A Flexible Spending Account is an employer-funded account that lets you set aside pre-tax dollars to use...

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