Tag Archives: health care reform
ACA Individual Mandate Penalty No Longer Applies
ACA Individual Mandate Penalty No Longer Applies OVERVIEW On Dec. 22, 2017, President Donald Trump signed into law the tax reform bill, called the Tax Cuts and Jobs Act, after it passed both the U.S. Senate and the U.S. House … Continue reading
Client Alert: DOL Releases proposed Rule
DOL Releases Proposed Rule Expanding Association Health Plans Earlier this month, the U.S. Department of Labor (DOL) issued a proposed rule to expand the opportunity of unrelated employers of all sizes (but particularly small employers) to offer employment-based health … Continue reading
Health FSA Contribution Limits for 2018
IRS Increases Health FSA Contribution Limit for 2018, Adjusts Other Benefit Limits On October 20, 2017, the Internal Revenue Service (IRS) released Revenue Procedure 2017-58, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to … Continue reading
Client Alert: ACA Executive Order
President Trump Issues Executive Order on ACA, Separately Attempts to End Cost-Sharing Payments to Insurers On October 12, President Trump signed an Executive Order directing the federal agencies in charge of implementing the Affordable Care Act (ACA) to propose new … Continue reading
HSA Contributions
As the year comes to a close you may want to look at putting some more money into your Health Savings Account or contributing some to your employee’s account if your business offers a qualified plan. Limits for 2016: … Continue reading
Aetna To Withdraw From 11 ACA Exchanges In 2017.
from the NAHU Newswire: Citing huge financial losses, the Wall Street Journal (8/15, Mathews, Subscription Publication) reports Aetna announced on Monday that it will pull back from 11 of the 15 states where it currently offers individual insurance on the … Continue reading
Small Group Definition Will Not Change Nationally in 2016
This is from an email I received over the weekend from Cigna. Small Group Definition Will Not Change Nationally in 2016 – States will have flexibility. On October 1, Congress approved a bill repealing the Affordable Care Act (ACA) provision … Continue reading
Obamacare updates
Numbers from articles and reports I have read this week: 16% are uninsured. Current US population is around 310 million Just a thought: if you cover kids up to age 26 on their parents plan you are not going to … Continue reading
ACA Catastrophic Options
Every morning I receive an email with the latest news in health insurance. One of the articles from the NAHU (National Association of Health Underwriters) Newswire is below. We have had a few people come into our office this week … Continue reading
Myths of the affordable care act AKA obamacare
1) “I have to purchase coverage through the exchange (aka marketplace)” I have heard it everywhere that people think they have to purchase coverage through the exchange aka the marketplace. No one has to purchase insurance on this website. If … Continue reading