Benefits Buzz

Time to Pay Your Employer Mandate Penalty…Maybe

Posted April 25th, 2017 in Producers, Employers
Time to Pay Your Employer Mandate Penalty…Maybe

The Treasury Inspector General for Tax Administration (TIGTA) issued a report dated April 7th and entitled “Affordable Care Act: Assessment of Efforts to Implement the Employer Shared Responsibility Provision.” In other words, TIGTA issued a report about the efforts of the Internal Revenue Service (IRS) to collect Employer Mandate penalties.

Tags:
healthcare reform, ACA, Employer Mandate, IRS, Penalty

New Health Insurance Exchange Rules Finalized

Posted April 18th, 2017 in Producers, Employers, Individuals
New Health Insurance Exchange Rules Finalized
On April 13th, the Centers for Medicare and Medicaid Services (CMS) finalized rules which aim to stabilize Exchanges and the individual marketplace. There are five key takeaways from the new rules:
 
Tags:
healthcare reform, Affordable Care Act, ACA, open enrollment, CMS, public exchanges

ACA Repeal Efforts on Spring Break

Posted April 12th, 2017 in Producers, Employers, Individuals
ACA Repeal Efforts on Spring Break
Last week, House Republicans renewed their efforts to repeal and replace the Affordable Care Act (ACA). Several closed-door meetings were held in an attempt to devise a plan that would appease both Conservative and Moderate Republicans. Progress is believed to have been made, but there is still not a bill that would pass the House. ACA repeal efforts are likely on a temporary hold as House members have returned to their home states for a two-week Spring recess.
Tags:
healthcare reform, ACA, Affordable Care Act, President Trump, Republican

CSR Subsidy Key in Escalating Efforts Once Again to Repeal and Replace the ACA

Posted April 5th, 2017 in Producers, Employers, Individuals
CSR Subsidy Key in Escalating Efforts Once Again to Repeal and Replace the ACA
You’ve all heard by now that Congress was unsuccessful in passing the American Health Care Act (AHCA), a bill that was intended to repeal and replace significant parts of the Affordable Care Act (ACA). Surely, within time, there will be another bill introduced to change the ACA, but that could take time. It may be weeks, months, or maybe even not until next year, although President Donald Trump does have a “wild card” he can use.
Tags:
healthcare reform, ACA, President, Congress, Subsidy

Republicans Pull Off Legendary Houdini Magic Trick with Healthcare

Posted March 27th, 2017 in Producers, Employers, Individuals
Republicans Pull Off Legendary Houdini Magic Trick with Healthcare
It’s as if Harry Houdini himself showed up last Friday and performed his legendary disappearing act, except in this instance it was Republicans who made the American Health Care Act (AHCA) magically disappear. 
 
Tags:
healthcare reform, ACA, Republican, American Health Care Act

CBO Scores Big for the Dems

Posted March 15th, 2017 in Producers, Employers, Individuals
CBO Scores Big for the Dems

Democrats have some new ammo in their fight to save the Affordable Care Act (ACA) as the Congressional Budget Office (CBO) released its score of the Republican’s plan to repeal and replace key parts of the Affordable Care Act (ACA). The “score” is a report issued by the CBO which outlines the anticipated financial and economic impact of proposed bills, and the score of the American Health Care Act (AHCA), which is the formal name of the repeal and replace bill, had some troubling news for Republicans.

Tags:
healthcare reform, ACA, Democratic, Republican, Congressional Budget Office, American Health Care Act

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