Ready or not, it’s almost time for the next wave of ACA and EEOC reporting.
Professional Employer Organizations (PEOs) have long been a helpful resource for businesses looking to provide the best benefits to their employees. The growth the PEO industry has seen in recent years just proves this point. But as regulations become more complex, and continue to vacillate between rolling out and rolling back, it can be difficult to ensure you’re offering all the best options to your customers without overtaxing your organization. With the increasing complexity of HR mandates, health care regulations, and other employer regulations, PEOs have been looking for new ways to help companies struggling to cover all these requirements on their own.
After all the ups and downs faced by the Affordable Care Act (ACA), it’s likely your health care data took a back seat to other concerns for the first eight months of the year.
Health care reform has been a continually changing and evolving animal since the passage of the Affordable Care Act (ACA) in 2010, and health care was set to transform yet again. Many Republicans as well as President Trump had promised to repeal and replace the ACA, but they were ultimately unsuccessful.
The ACA weathered the congressional storm, and employers must comply with the ACA for 2017.
Although the Affordable Care Act (ACA) streamlined some of the regulations surrounding health care in America, there are still many ways to get insurance. You can go through your employer, the individual market, an association plan, or even a union, if you belong to one.
In July, Republicans made dramatic efforts to pass Affordable Care Act (ACA) repeal and replace legislation. Middle of the night theatrics played out a failed vote as Senator John McCain (AZ) cast the deciding “no” vote. For all intents and purposes, it appeared that Republicans were moving on from health care reform and looking towards immigration or tax reform. However, this September, Republicans decided to make one last-ditch effort to surge for repeal and replace.
The Affordable Care Act (ACA) caused a mild earthquake in the American economy, shaking up industries across the board. While insurance companies and hospitals felt the tremors, some of the largest changes brought on by this regulation hit other organizations typically behind the scenes. One of them is payroll providers.
In September 2016, the Equal Employment Opportunity Commission (EEOC) announced enhanced EEO-1 reporting requirements. These additional reporting rules required all employers subject to completing the EEO-1 form to report on employees’ W-2 wage data and hours worked. However, partly because of an outcry among businesses, these increased reporting requirements have been suspended. For the upcoming 2017 EEO-1 report deadline, employers do not need to report employee wage and hours worked data.
Equal rights in America never come in one fell swoop. Civil rights marches, protests, demonstrations, legal cases, and legislation all play a hand in bringing America, step by step, closer to equality, especially in the workplace.
Nearly two weeks ago, several Republican Senators announced their opposition to the Better Care Reconciliation Act, the Senate’s Affordable Care Act (ACA) repeal and replace bill. Their opposition meant that the Senate would not have the simple majority vote required to pass the bill, and the Republicans’ long promised effort to repeal and replace the ACA seemed to end.