Plan Year 2021 Marketplace Registration and Training is LIVE

Don’t wait! Agents with active on-exchange plans who want to receive renewal compensation must re-certify by the end of 2020. In addition, agents offering on-exchange coverage must certify prior to (more…)

Healthcare.gov New Federal Pandemic Unemployment Compensation Video

The Centers for Medicare and Medicaid Services (CMS) released a video about reporting federal pandemic unemployment compensation. Click here to watch the video. The video walks through the streamlined HealthCare.gov (more…)

HEADS-UP: Marketplace Learning Management System Will Close July 17

The Marketplace Learning Management System (MLMS) will close or “go dark” starting July 17 in preparation for the launch of registration and training for plan year 2021. Before the system (more…)

PCORI Fees Due to IRS No Later Than July 31, 2020

Fees to fund the Patient-Centered Outcomes Research Institute (PCORI) are due to the IRS no later than July 31, 2020, from employers who sponsor certain self-insured health plans such as (more…)

PCORI Fee Has Been Extended 10 Years

Congress has recently extended the Patient Centered Outcomes Research Institute (PCORI) fees under IRC sections 4375 and 4376 for another 10 years as a result of the Further Consolidated Appropriations (more…)

How to Determine Medicare Creditable Coverage

What is Medicare creditable coverage and why does it affect me as an employer? As part of the Medicare Modernization Act of 2003, the Medicare Part D prescription drug program (more…)

IMPORTANT: Legislative Guidance Regarding COVID-19

As news is released regarding COVID-19, Cornerstone will compile all legislative information into one place as we receive it. See below for the releases that we have received from our (more…)

Required Tax Forms for Clients Enrolled in Marketplace Who Have Received Premium Tax Credits

Consumers who have enrolled in coverage through the Health Insurance Marketplace and have received payments of the premium tax credit (APTC) must use Form 1095-A to complete Form 8962 when (more…)

IRS Releases 2019 Form 8889 and Instructions for HSA Reporting

The IRS recently released the 2019 version of Form 8889 for Health Savings Accounts (HSA) and its instructions. HSA holders (and beneficiaries or deceased HSA holders) must attach Form 8889 (more…)

Extension of Transitional Policy for Non-ACA Compliant Plans Through Calendar Year 2021

Below is a release from the Ohio Department of Insurance from March 10, 2020 On January 31, 2020, the Center for Consumer Information and Insurance Oversight (CCIIO) issued an Insurance (more…)

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