Tennessee’s Health Co-Op To Close

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, s…

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Congress Approves Change To ACA’s Small Business Rules

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 i…

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Filing requirements for HRAs have been fixed!

NAHU is happy to share with you that the 2015 1094-B and 1095-B filing requirements for HRAs have been fixed! In early August, the IRS released draft instructions for 1094-B and 1095-B that included HRA filing requirements. NAHU reached out to the Administration regarding the affect this would have …

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CBO: 14M Would Lose Coverage If Individual Mandate Is Repealed.

The Congressional Budget Office estimated  Tuesday that repealing the Affordable Care Act’s individual mandate would reduce the deficit by more than $305 billion but increase the number of uninsured Americans by 14 million over the next decade, the Washington Times  (9/16, Howell) reports. The g…

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IRS allows employers to ‘test run’ ACA reporting

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 open…

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Fewer People Worked For Companies With Health Coverage Last Year, Report Says.

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 Hea…

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Tax Return Problems Jeopardizing 2016 ACA Subsidies For 1.8 Million.

The AP  (8/5, Alonso-Zaldivar) reports “about 1.8 million households” that received Federal subsidies through the Affordable Care Act “now have issues with their tax returns that could jeopardize their subsidies next year.” Lori Lodes, director of communications for the Centers for Medica…

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GAO: More Than 23,000 Medicare Provider Addresses May Be Invalid.

The Wall Street Journal  (7/22, A1, Weaver, Subscription Publication) reports on its front page that a Government Accountability Office audit found that while Medicare overhauled its enrollment system and verification of provider information in recent years, up to 23,400 provider addresses – abo…

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ACA Penalty Relief for Small Employers

IRS gives Relief for 2014 HRA Mistakes by Small Employers and 2% S Corporation shareholder-Employees The Affordable Care Act (ACA) prohibits an employer from reimbursing an employee for some or all of the premium expenses incurred for an individual health insurance policy or directly paying a premiu…

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HHS Sends Inaccurate Tax Forms To 800,000 Enrollees

ABC World News (2/20, story 11, 0:15, Muir) reported that “outrage” over another Affordable Care Act “glitch” continues to mount after nearly 800,000 people received inaccurate tax forms from the Federal exchange website. As a result of the “glitch,” consumers “who already filed taxes …

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CMS Announces Special Enrollment Period for Tax Season

Eligible consumers have from March 15 through April 30 to enroll in coverage The Centers for Medicare & Medicaid Services (CMS) announced today a special enrollment period (SEP) for individuals and families who did not have health coverage in 2014 and are subject to the fee or “shared responsi…

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IRS To Scrutinize Distinction Between Employees, Contractors As ACA Mandate Takes Effect.

The New York Times  (2/15, BU11, De Aenlle, Subscription Publication) reports that the IRS is expected to more heavily scrutinize the distinction between employees and self-employed independent contractors this year because of the Affordable Care Act’s requirement that employers with more than 50…

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