February 29, 2016

March 31, 2016

January 31, 2016

The road to understanding and complying with the Patient Protection & Affordable Care Act (PPACA) has been a long one, and we aren’t done yet. Beginning January 1, 2015, large employers must collect and monitor data to be submitted to the IRS in early 2016. Use this timeline below to understand what’s ahead for PPACA.

February 2014 Delay

Delay occured in order to obtain further clarication on legislation rules & how-to’s

Paent Protecon & Affordable Care Act Reporng & Compliance Timeline

OPTIONAL Reporng Filings

Section 6055 & 6066 of the legislation provide transition relief (no penalties) for not reporting requirements for

2014

Employer Determined Eligibility For Shared Responsibility Requirements

Am I a large employer?Who is eligible for coverage?How do I determine affordability?

February 2013 DelayDelay occured in order to dene measurement periods & tracking requirements

MANDATORY 1095-C IssuingEmployers must issue form 1095-C to all full-time employees by January 31, 2016

Paylocity Launches ACA Compliance Toolkit

Employers can now easily run reports & view dashboards of necessary employee data

Dra IRS Forms ReleasedTentative versions of forms 1095-C and 1094-C available

for review

Oponal & Mandatory Filing Dates AnnouncedFederal government shares dates for issuing form 1095-C & ling form1094-C for both optional calendar

year 2014 & mandatory calendar year 2015

MANDATORY 1094-C FilingEmployers must mail form 1094-C to IRS by February 29, 2016

Excise “Cadillac” EffecveExcise tax implements 40% on employee coverage that exceeds plan cost limits

New Healthcare Legislaon Passed

Supreme Court upholds the Patient Protection & Affordable Care Act

Employer Determined Eligibility For Shared Responsibility Requirements

Am I a large employer?Who is eligible for coverage?How do I determine affordability?

For more information, visit www.paylocity.com/healthcare-reform.aspx