- Providing world class service and value for employee benefit group plans since 1987
The 30-hour rule for the Affordable Care Act (ACA) classifies an employee as full-time if they work an average of at least 30 hours per week, or 130 hours per month. This definition is crucial as it helps employers determine their responsibilities under the ACA. In this comprehensive guide, we will explore the 30-hour rule in depth, its implications, how it affects part-time employees, compliance requirements, and more.
The ACA, also known
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The ACA 50 employee rule, also known as the employer mandate, is a stipulation in the Affordable Care Act (ACA) that mandates businesses with 50 or more full-time or full-time equivalent employees to provide affordable health insurance to at least 95% of their full-time staff and their dependents up to age 26. This rule has pivotal implications for businesses and their healthcare responsibilities. In this comprehensive guide, we delve into the specifics of this rule, its implications, and
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A Large Employer Group Health Plan is a health insurance coverage provided by businesses with 51 or more full-time employees in most states. However, in some areas like California, the threshold for a large employer group is set at 101 or more employees. These plans are specifically designed to cater to the needs of larger organizations and come with distinct regulations and benefits compared to small group health insurance plans.
Navigating the landscape
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The COVID-19 pandemic has not been kind for a lot of companies, and small businesses, in particular, have struggled to stay afloat. To come to their help, the US Government has provided special relief programs designed to support certain businesses during these difficult times, like PPP loans. If you’ve received such a loan, here’s how it impacts unemployment benefits.
Todd Taylor with Taylor Benefits gives our small business the kind of personal service we need. Insurance benefits are important to our employees and Todd helps us find a balance between benefits and value. Todd responds immediately to my phone calls & e-mails. He has even gotten in touch with me on a Sunday when we were in need of coverage answers immediately. We are very pleased with the hands-on service Todd and his staff provide.”
-Ken and Linda Orvick, Orvick Management Group, Inc.
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