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Quick Facts Under the Affordable Care Act (ACA), all non-grandfathered individual and group health plans are required to provide preventive services coverage with no cost-sharing. The list of required preventive services includes contraception. The Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (collectively, the Departments) issued a new set of frequently asked questions (FAQs) that clarify the requirements for contraception coverage under the Affordable Care Act’s (ACA’s) preventive services coverage mandate. Plans who do not comply with the requirements may be subject to penalties under the Internal Revenue Code (Code) and the …

… each year thereafter; however, In August 2021, the Departments delayed enforcement to December 27, 2022 for reports on 2020 and 2021 data. Subsequent reports will be due June 1. Reporting Requirements The IFR requires employer-sponsored health plans and carriers to annually submit certain information on prescription drug and other healthcare spending to the Departments. The instructions break down the required information into two categories, Plan Lists (P) and Data Lists (D). P1. Individual and Student Market plan list P2. Group Health plan list P3. Federal Employee Health Benefit (FEHB) plan list D1. Premium and Life-Years D2. Spending by