Tag Archives: health insurance

DOL Issues Guidance on Preventive Care Court Order

On March 30, 2023, the United States District Court for the Northern District of Texas issued an order in Braidwood Management  Inc. v. Becerra (“Braidwood”), vacating any and all actions taken by the DOL and other federal agencies (in the … Continue reading

Posted in Affordable Care Act, Government, Health, Health Insurance, Health Reform News, Preventive Care | Tagged , , , | Comments Off on DOL Issues Guidance on Preventive Care Court Order

Agencies Issue Guidance on the End of the COVID-19 Emergencies (Revised based on the President’s Signature of H.J.Res. 7 on April 10, 2023)

  On January 30, 2023, President Biden issued a Statement of Administration Policy announcing his intent to end the COVID-19 national and public health emergencies on May 11, 2023.  However, on April 10, 2023, the President signed H.J.Res. 7, which … Continue reading

Posted in Affordable Care Act, Broker Alert, Coronavirus, Government, Health Insurance, Insurance Agent, Insurance Carriers | Tagged , | Comments Off on Agencies Issue Guidance on the End of the COVID-19 Emergencies (Revised based on the President’s Signature of H.J.Res. 7 on April 10, 2023)

ACA Pay or Play Penalties Will Increase for 2024

  On March 9, 2023, the IRS released updated penalty amounts for 2024 related to the employer shared responsibility (pay or play) rules under the Affordable Care Act (ACA). For calendar year 2024, the adjusted $2,000 penalty amount is $2,970 … Continue reading

More Galleries | Comments Off on ACA Pay or Play Penalties Will Increase for 2024

Workers Are Enrolled in HDHPs – Over Half of U.S. Private-sector

More than half (55.7%) of American private-sector workers were enrolled in high deductible health plans (HDHPs) in 2021, according to the Kaiser Family Foundation’s recent 2022 Employer Health Benefits Survey. The 5.3% increase from 2020 is the highest on record, … Continue reading

Posted in Economy, Health, Health Insurance, High Deductible Health Plan, workplace | Tagged , | Comments Off on Workers Are Enrolled in HDHPs – Over Half of U.S. Private-sector

Inflation Reduction Act Contains Some Health Reforms

On Aug. 12, 2022, the U.S. House of Representatives passed the Inflation Reduction Act. President Joe Biden is expected to sign it into law shortly. While this bill is primarily aimed at fighting inflation and reducing carbon emissions, it also … Continue reading

Posted in Being prepared, Economy, Government, Health, Health Insurance, Sugar Land Insurance | Tagged , , | Comments Off on Inflation Reduction Act Contains Some Health Reforms

Pay or Play Affordability Percentage Decreased for 2023

On Aug. 1, 2022, the IRS issued Revenue Procedure (Rev. Proc.) 2022-34 to index the contribution percentages in 2023 for determining the affordability of an employer’s plan under the Affordable Care Act (ACA). For plan years beginning in 2023, employer-sponsored … Continue reading

Posted in Affordable Care Act, Being prepared, Employee Wellness, Health, Health Insurance, Sugar Land Insurance | Tagged , , , , | Comments Off on Pay or Play Affordability Percentage Decreased for 2023

Combating Rising Benefits Costs During Periods of High Inflation

The U.S. inflation rate has increased by 8.3% over the last year, according to the Bureau of Labor Statistics (BLS). This has led to significant price increases across various consumer goods as well as employee benefits such as health insurance. … Continue reading

Posted in Economy, Employee Wellness, Health, Health Insurance, Human Resources, Sugar Land Insurance, workplace | Tagged , , , , , | Comments Off on Combating Rising Benefits Costs During Periods of High Inflation
Ready To Talk To An Insurance Agent?
281-491-6565
Get A Quote