Affordable Care Act

How the ACA changed how freelancers and companies work

ACA works

    From NetworkWorld, Mynul Khan describes how the Affordable Care Act (ACA) rescued workers from job lock.  Mynul writes: We know this because freelancers and companies have told us. Together with Future Workplace, Field Nation surveyed more than 1,500 human resources professionals and freelancers. Both groups said the ACA has had a large impact…

The 6 Types of Insurance That Freelancers Need to Know

health insurance

  From Tech.Co, Adam Rowe discusses health insurance options for freelancers and independent contractors who cannot avail themselves of employer offered plans. Adam writes: Due to the Affordable Care Act, all U.S. citizens need to have health insurance. If you don’t, the fee is $695, a number that plenty of freelancers can’t afford to throw around.…

The Many Pitfalls of Worker Misclassification

dollars on a mouse trap

From JDSupra, Pat Anglin, Laura Becking, Mitchel Pahl, Michael Yang discuss the potential consequences of misclassifying workers as independent contractors under the Affordable Care Act (ACA) and other health plans. Source:  The Many Pitfalls of Worker Misclassification   Related posts: Affordable Care Act swelling ranks of self-employed, report says From the Portland Press Herald — “Health policy experts say being…

Work Market First Freelance Management System to Offer Healthcare to Independent Professional Network 

group of nurses

Marketwatch reports that Work Market will offer affordable healthcare to its independent workers through a partnership with Stride Health.  The announcement states: Work Market users can now more easily find appropriate, affordable coverage typically reserved for full-time employees through Stride Health’s personalized approach to managing health insurance, healthcare and compliance. “For millions of Americans working in…

The misclassified worker and employee benefit plan considerations 

employee benefit plan

From Lexology, Michelle Capezza discusses the impact of misclassifying workers as independent contractors instead of employees may have on benefit plans including the Employment Retirement Income Security Act of 1974 (“ERISA”).  Michelle writes: Improper exclusion of workers from participation in employee benefit plans governed by ERISA can jeopardize a plan’s tax-qualified status as determined under…

Why the Obamacare Decision Is Great for Uber

President Barack Obama

From Time, Jen Wieczner writes about the recent Supreme Court decision upholding the Affordable Care Act (ACA), also known as Obamacare and whey it is good for Uber. Jen writes: “The ACA is an essential ingredient in the success of the so-called “gig economy,” wherein workers serve as independent contractors on a flexible schedule for…

Worker Classification Impacts ACA Excise Tax

doctor on telephone

From JDSupra Business Advisor, Maura Corrigan of Cohen & Company offers a reminder that the Affordable Care Act (ACA) presents additional risks if workers are not properly classified as employees or independent contractors.  She writes: “By way of example, ABC Company employs 250 full-time employees. It also treats 50 full-time individuals as independent contractors. It offers 185…

Employee or Contractor? Health Care Law Raises Stakes

doctors and nurses

From the New York Times, Conrad De Aenlle writes about the increased scrutiny on the classification of workers as employees or independent contractors as a result of the requirements of the Affordable Care Act (ACA) that employers must provide affordable health insurance to full-time employees.  He writes: “The I.R.S. is emphasizing the distinction between employees…