There are no prerequisites

Course Description

The landmark legislation known as the Patient Protection and Affordable Care Act (PPACA), signed into law in 2010, affects a wide range of institutions in the United States in some way. It imposes healthcare-related requirements on health plans, health insurers and employers. 

In addition to imposing various tax increases to increase revenue, the PPACA uses a carrot and stick approach to ensure compliance with its provisions, offering tax credits for compliance and imposing tax penalties for non-compliance. This course will review the principal provisions of the law and will examine its tax impact on individuals and businesses.


Paul Winn

Paul Winn CLU ChFC is a writer with more than 30 years experience in the life insurance and securities industry as an agent/registered representative, an agency head, a marketing vice president for a life insurance company and the president of a corporate registered investment adviser. He was a long serving member of the advisory board to the New York State insurance department. He is a published book author and creator of more than 200 taxation, insurance and securities training courses.

Course Specifics

Mar 2, 2020
There are no prerequisites

Compliance Information

IRS Provider #: 0MYXB
IRS Course ID: 0MYXB-U-01509-20-S
IRS Federal Tax Update Credits: 5
CTEC Provider #: 2071
CTEC Course ID: 2071-CE-1405
CTEC Federal Tax Update Credits: 5
Qualifies for CA Fraud: No

Learning Objectives

Upon successful completion of the course, participants will be able to:

Chapter 1

  • Identify the rules applicable to -

·grandfathered health plans,

·the use of pre-existing condition exclusions, and

·annual and lifetime benefit limits;

  • List the conditions that would permit an insurer to rescind health insurance coverage and the applicable notice requirements; and
  • Recognize the requirements imposed by healthcare reform legislation with respect to -

·patient protection provisions, and

·dependent coverage to young adults.


Chapter 2

  • Identify the changes made by the PPACA related to -

·the treatment of costs for over-the-counter drugs and medical expense FSA contributions,

·the tax penalty for nonqualified Archer MSA and HSA distributions,

·medical expense deductions,

·the additional taxation on the earnings of high-income taxpayers,

·the additional tax on high-income taxpayers' net investment income, and

·the additional tax on estate's and non-grantor trust's undistributed net investment income; and

  • Calculate the amount of the premium assistance tax credit available to taxpayers whose household income is less than 400% of the federal poverty line.


Chapter 3

  • Identify the -

·W-2 reporting requirements imposed on employers providing employer-sponsored health coverage, and

·transition relief provided applicable to W-2 reporting;

  • Define 'full-time employee” and 'full-time equivalent employee” for purposes of employer tax credits and penalties under the PPACA;
  • Recognize the -

·rules that apply to a small employer's eligibility for a health insurance premium credit, and

·nature of a 'qualifying arrangement” under which an employer pays premiums for employee health insurance coverage;

  • Identify the types of coverage that meet the PPACA definition of health insurance coverage for purposes of the small employer health insurance premium credit;
  • Apply the various limitations that may reduce the amount of health insurance premium credit available to an otherwise eligible small employer;
  • Calculate the potential penalties applicable to large employers under the PPACA; and
  • Identify the -

·transition relief available to applicable large employers, and

·annual return and notification requirements imposed by the PPACA on applicable large employers. 

Choose Your Preferred Format

Online Access

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online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

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