Lexology December 26, 2024
Akerman LLP

2024 might almost be over, but the Senate recently passed two bills that are intended to ease at least some employer burdens under the Patient Protection and Affordable Care Act (ACA) moving forward. The bills, both of which are pending signature by President Biden, are:

  1. The Paperwork Burden Reduction Act (H.R. 3797)
  2. The Employer Reporting Improvement Act (H.R. 3801)

Should these laws be enacted, they would together simplify ACA compliance in numerous ways, including the following:

1. Reduced Burden for Annual Participant Notifications

We are realists. Employees may or may not read the mandatory notices employers provide each year. In particular, the current Forms 1095-C that are transmitted to employees every January are just the type of non-plain-English...

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