Common use of Affordable Care Act Reporting Clause in Contracts

Affordable Care Act Reporting. The Board of County Commissioners (County) is considered an Applicable Large Employer (ALE) under the provisions of the Affordable Care Act (ACA). As an ALE, the County must comply with all reporting requirements of the ACA for the health plans it sponsors. The Union Plan is considered a sponsored health plan of the County under the ACA because the County contributes funds to the Union Plan under the provisions of the CBA. The Fund shall maintain the Union Plan in compliance with the ACA and shall ensure the Union Plan provides Affordable health insurance coverage that meets Minimum Essential Coverage and Minimum Value, as those terms are defined in the ACA and its regulations. The Fund shall be responsible for meeting all reporting obligations under the ACA for an ALE that sponsors a self funded health plan and the Fund shall be responsible for meeting all disclosure and notice requirements under the ACA with regard to the County employees that participate in, or are eligible for, the Union Plan pursuant to the CBA. On an annual basis, not later than September 30th of each year, the Fund will provide the County with verification that the Union Plan is in full compliance with the ACA and all of its associated reporting requirements. In exchange for the compliant reporting by the Union Plan on behalf of the County, there may be an annual contribution of up to fifteen thousand ($15,000) dollars made to the Union Plan, in order to supplement the cost of the Fund's consultant relating to the annual ACA reporting requirements. This payment shall be made upon receipt, by the County, of an invoice form the Fund for the amount to be paid. The Fire Rescue Administrator and the Fund will both agree on the amount to be paid.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Affordable Care Act Reporting. The Board of County Commissioners (County) is considered an Applicable Large Employer (ALE) under the provisions of the Affordable Care Act (ACA). As an ALE, the County must comply with all reporting requirements of the ACA for the health plans it sponsors. The Union Plan is considered a sponsored health plan of the County under the ACA because the County contributes funds to the Union Plan under the provisions of the CBA. The Fund shall maintain the Union Plan in compliance with the ACA and shall ensure the Union Plan provides Affordable health insurance coverage that meets Minimum Essential Coverage and Minimum Value, as those terms are defined in the ACA and its regulations. The Fund shall be responsible for meeting all reporting obligations under the ACA for an ALE that sponsors a self funded health plan and the Fund shall be responsible for meeting all disclosure and notice requirements under the ACA with regard to the County employees that participate in, or are eligible for, the Union Plan pursuant to the CBA. On an annual basis, not later than September 30th of each year, the Fund will provide the County with verification that the Union Plan is in full compliance with the ACA and all of its associated reporting requirements. In exchange for the compliant reporting by the Union Plan on behalf of the County, there may be an annual contribution of up to fifteen thousand ($15,000) dollars made to the Union Plan, in order to supplement the cost of the Fund's consultant relating to the annual ACA reporting requirements. This payment shall be made upon receipt, by the County, of an invoice form from the Fund for the amount to be paid. The Fire Rescue Administrator and the Fund will both agree on the amount to be paid.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Affordable Care Act Reporting. The Board of County Commissioners (County) is considered an Applicable Large Employer (ALE) under the provisions of the Affordable Care Act (ACA). As an ALE, the County must comply with all reporting requirements of the ACA for the health plans it sponsors. The Union Plan is considered a sponsored health plan of the County under the ACA because the County contributes funds to the Union Plan under the provisions of the CBA. The Fund shall maintain the Union Plan in compliance with the ACA and shall ensure the Union Plan provides Affordable health insurance coverage that meets Minimum Essential Coverage and Minimum Value, as those terms are defined in the ACA and its regulations. The Fund shall be responsible for meeting all reporting obligations under the ACA for an ALE that sponsors a self self-funded health plan and the Fund shall be responsible for meeting all disclosure and notice requirements under the ACA with regard to the County employees that participate in, or are eligible for, the Union Plan pursuant to the CBA. On an annual basis, not later than September 30th of each year, the Fund will provide the County with verification that the Union Plan is in full compliance with the ACA and all of its associated reporting requirements. In exchange for the compliant reporting by the Union Plan on behalf of the County, there may be an annual contribution of up to fifteen thousand ($15,000) dollars made to the Union Plan, in order to supplement the cost of the Fund's consultant relating to the annual ACA reporting requirements. This payment shall be made upon receipt, by the County, of an invoice form the Fund for the amount to be paid. The Fire Rescue Administrator and the Fund will both agree on the amount to be paid.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Affordable Care Act Reporting. The Board of County Commissioners (County) is considered an Applicable Large Employer (ALE) under the provisions of the Affordable Care Act (ACA). As an ALE, the County must comply with all reporting requirements of the ACA for the health plans it sponsors. The Union Plan is considered a sponsored health plan of the County under the ACA because the County contributes funds to the Union Plan under the provisions of the CBA. The Fund shall maintain the Union Plan in compliance with the ACA and shall ensure the Union Plan provides Affordable health insurance coverage that meets Minimum Essential Coverage and Minimum Value, as those terms are defined in the ACA and its regulations. The Fund shall be responsible for meeting all reporting obligations under the ACA for an ALE that sponsors a self funded health plan and the Fund shall be responsible for meeting all disclosure and notice requirements under the ACA with regard to the County employees that participate in, or are eligible for, the Union Plan pursuant to the CBA. On an annual basis, not later than September 30th of each year, the Fund will provide the County with verification that the Union Plan is in full compliance with the ACA and all of its associated reporting requirements. In exchange for the compliant reporting by the Union Plan on behalf of the County, there may be an annual contribution of up to fifteen twenty-five thousand ($15,00025,000) dollars made to the Union Plan, in order to supplement the cost of the Fund's consultant relating to the annual ACA reporting requirements. This payment shall be made upon receipt, by the County, of an invoice form from the Fund for the amount to be paid. The Fire Rescue Administrator and the Fund will both agree on the amount to be paid.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Affordable Care Act Reporting. The Board of County Commissioners (County) is considered an Applicable Large Employer (ALE) under the provisions of the Affordable Care Act (ACA). As an ALE, the County must comply with all reporting requirements of the ACA for the health plans it sponsors. The Union Plan is considered a sponsored health plan of the County under the ACA because the County contributes funds to the Union Plan under the provisions of the CBA. The Fund shall maintain the Union Plan in compliance with the ACA and shall ensure the Union Plan provides Affordable health insurance coverage that meets Minimum Essential Coverage and Minimum Value, as those terms are defined in the ACA and its regulations. The Fund shall be responsible for meeting all reporting obligations under the ACA for an ALE that sponsors a self self-funded health plan and the Fund shall be responsible for meeting all disclosure and notice requirements under the ACA with regard to the County employees that participate in, or are eligible for, the Union Plan pursuant to the CBA. On an annual basis, not later than September 30th of each year, the Fund will provide the County with verification that the Union Plan is in full compliance with the ACA and all of its associated reporting requirements. In exchange for the compliant reporting by the Union Plan on behalf of the County, there may be an annual contribution of up to fifteen twenty-five thousand ($15,00025,000) dollars made to the Union Plan, in order to supplement the cost of the Fund's consultant relating to the annual ACA reporting requirements. This payment shall be made upon receipt, by the County, of an invoice form the Fund for the amount to be paid. The Fire Rescue Administrator and the Fund will both agree on the amount to be paid.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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