May 03, 2013 Affordable Care Act – Look-Back Measurement Method: Examples & Diagrams
KEEPING YOU INFORMED…
In our April 8, 2013 memorandum, we provided you with a detailed description of the Affordable Care Act’s (ACA) look-back measurement method set forth in the Internal Revenue Service’s (IRS) proposed regulations. To assist with your further understanding of this method, this memo provides examples and diagrams.
The look-back measurement method focuses on three time periods: the standard measurement period; an optional administrative period; and the stability period. We have colorcoded these time periods on our diagrams as follows: the standard measurement period is green; i.e., “go” for measure; the optional administrative period is yellow; i.e., “slow down” and reflect upon what you have measured; and the stability period is red; i.e., your measurements have now stopped.
THIS MEMORANDUM IS MEANT TO ASSIST IN GENERAL UNDERSTANDING OF THE CURRENT LAW. IT IS NOT TO BE REGARDED AS LEGAL ADVICE. THOSE WITH PARTICULAR QUESTIONS SHOULD SEEK THE ADVICE OF LEGAL COUNSEL.
© Lamb & Barnosky, LLP 2013