Author : | Paul Winn, CLU, ChFC |
Course Length : | Pages: 31 ||| Review Questions: 9 ||| Final Exam Questions: 15 |
CPE Credits : | 3.0 |
IRS Credits : | 3 |
Price : | $26.95 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - NASBA Registry - IRS Enrolled Agents |
Technical Designation: | Technical |
Primary Subject-Field Of Study: | Taxes - Taxes for Course Id 869 |
Description : | The Patient Protection and Affordable Care Act (PPACA) has brought about the most significant change in healthcare since the passage of the 1965 legislation that authorized Medicare. It imposes healthcare-related requirements on health plans, health insurers and employers. Eligible small employers may receive tax credits for providing health insurance coverage to their employees, and large employers may find themselves subject to tax penalties for failing to provide such employee coverage. This course will review the principal coverage provisions of the law and will examine its tax impact on employers. |
Usage Rank : | 12308 |
Release : | 2024 |
Version : | 1.0 |
Prerequisites : | None. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
Employee (Common-Law Employee)
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 27-Jan-2024 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | NASBA QAS - Text - NASBA Registry - IRS Enrolled Agents - 869 |
Keywords : | Taxes, Affordable, Care, Act, Employer, Rights, Responsibilities, cpe, cpa, online course |
Learning Objectives : |
Course Learning Objectives Upon completion of this course, you should be able to:
Chapter 1
Chapter 2
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Course Contents : | Course Learning Objectives Introduction Chapter 1 - Overview of PPACA Coverage Provisions Chapter Learning Objectives Introduction Grandfathered Health Plans Losing Grandfathered Status Disclosure Requirements Documentation Requirements Actions Resulting in Loss of Grandfathered Status Eliminating Benefits Increasing Participants’ Cost-Sharing Requirement Increasing a Fixed-Amount Copayment Reducing Employer Contribution Rates Violating Anti-Abuse Rules Pre-Existing Condition Exclusions Prohibited Two Criteria Present in Pre-Existing Condition Exclusion Grandfathered Group Health Plans Not Exempt Benefit Limits Prohibited Benefit Limit Prohibition Applicable only to Essential Health Benefits Contract Rescission Limited Patient Protections Emergency Services Large Employer Requirement to Provide Health Coverage Adult Children Coverage Plans Required to Extend Dependent Coverage Eligibility for Extended Dependent Coverage Summary Chapter Review Chapter 2 - Employer Credits & Requirements Chapter Learning Objectives Introduction Form W-2 Reporting of Employer-Sponsored Health Coverage Effective Date for W-2 Reporting Cost of Coverage Transition Relief Reporting on the Form W-2 Cost of Health Coverage Excluded from Income Certain Types of Coverage Not Reportable Small Employer Health Insurance Premium Credit Eligibility Requirements Qualifying Arrangements Generally Qualifying Arrangement Variations Arrangements with Composite Billing Arrangements with List Billing Health Insurance Coverage Defined Some Benefits Don’t Qualify as Health Insurance Coverage Employees of the Employer Employees Possessing Ownership Interests Leased Employees Seasonal Employees Household and Other Nonbusiness Employees Ministers Controlled Group Limitations Affect Health Insurance Premium Credit Full-Time Equivalent Employee (FTE) Limitation Average Annual Wage Limitation Average Premium Limitation State Premium Subsidy and Tax Credit Limitation Calculating the Credit Large Employer Shared Responsibility Large Employer Defined Aggregation Rules Apply Full-Time Employee Safe Harbor Method for New Employees Safe Harbor Method for Current Employees Penalty for Non-Compliance Employers Not Offering Coverage Employers Offering Coverage Medicaid Expansion Option may affect Employer Penalties Large Employer Reporting Requirements Large Employer Notification Requirements Self-Insured Plan Fees Summary Chapter Review Appendix A Appendix B Appendix C Glossary |