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The AP (4/28, Alonso-Zaldivar, Murphy) reports that health insurers are expected to significantly increase premiums for Affordable Care Act plans. Insurance companies say they have suffered massive losses on their ACA plans, “and they’re setting the stage for 2017 hikes that in some cases could reach well into the double […]
Head over to the Compliance Cornered blog to check out our latest post: “Employees Need to Beware Subsidy Farsightedness.” People who are farsighted see things that are far away more clearly than they see something close to them. So it is with employees who have their eyes focused on the […]
The deadline to sign-up for January 1 coverage has been extended until 11:59pm PST December 17. Because of the unprecedented demand and volume of consumers contacting our call center or visiting HealthCare.gov, we are extending the deadline to sign-up for January 1 coverage until 11:59pm PST December 17. Hundreds of thousands […]
The Wall Street Journal (12/8, A2, Radnofsky, Subscription Publication) reports that Federal officials said Monday that uninsured people who do not get coverage by the end of the ACA’s enrollment period on Jan. 31 will not be given an extension to avoid the penalty for not having coverage. In a […]
(12/2, Sullivan) reported on a “late push” by lawmakers to “repeal or scale back” the ACA’s “‘Cadillac Tax’ by the end of the year,” noting that they are “eyeing inclusion of changes in a broader tax package.” However, according to lawmakers fro both sides of the aisle, it is not […]
Kaiser Health News (11/26) reported that consumers seeking to enroll in preferred provider organization (PPO) plans “are finding far fewer of those plans offered on the insurance marketplaces next year,” and “the premiums are rising faster than for other types of coverage.” A Kaiser analysis found that while “the average […]
The Washington Post (10/15) reports in brief coverage that Tennessee’s “Obamacare health insurance co-op announced Wednesday that it would close at the end of 2015, becoming the sixth of 23 such plans to collapse in the past year.” The nonprofit insurer, known as Community Health Alliance, said it made the […]
The AP (10/2) reports that Congress yesterday approved “legislation aimed at preventing premium increases that some smaller businesses were expecting next year under President Barack Obama’s health care law.” Currently, the ACA defines small businesses as having up to 50 workers. That number increases to 100 on Jan. 1, 2016. […]
The Internal Revenue System says employers can now do a trial run of their electronic form filing for reporting requirements under the Affordable Care Act, giving nervous employers and their benefit advisers a way to test for readiness in advance of the reporting deadlines. The IRS has recently opened up […]
Congressional Quarterly (8/18, Subscription Publication) reports that fewer employees worked for companies that offered health insurance in 2014 “and that insurance cost them more with higher deductibles, especially for family coverage plans, according to an annual report from the Agency for Healthcare Research and Quality.” The agency said in the […]
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| (800) 622-5727 | ||
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