Latest News + Info
The latest information relating to the health insurance industry.
PPACA dropouts cut enrollment by 1.5 million
Benefits Pro reports: " About 1.5 million people dropped off health insurance coverage rolls this year after failing to pay for policies they picked on the Obamacare marketplaces. That left 10.2 million covered by Affordable Care Act policies as of March 31, up from...
Many HSAs could trigger Cadillac tax
Benefits Pro reports: "As more organizations study the Cadillac tax’s implications, it’s becoming clearer that even plans more along the lines of a Ford Focus could trigger the payment. And while there’s growing opposition to the tax, with pressure on the Obama...
Judge’s comments signal another legal nightmare for health reform law
Business Insurance reports: "It looks like the Obama administration may have another big legal headache in defending the Affordable Care Act. A Republican-appointed judge's comments Thursday suggest that it's very possible the administration will have to fight a new...
Employer Paid Individual Health Insurance Policies Create the Potential for Significant Penalties, but Limited Relief is Available
National Law Review reports: "Despite guidance from the Internal Revenue Service (“IRS”), the Department of Labor (“DOL”) and the Department of Health and Human Services (“HHS”) indicating the prohibition of the practice under the Affordable Care Act (“ACA”), some...
Annual family health costs hit nearly $25K
Benefits Pro reports: "A family of four with employer-sponsored health coverage is shelling out substantially more since the advent of the Patient Protection and Affordable Care Act. The cost of family coverage also is rising so fast that even this standard employee...
A $394 million Obamacare tax for Illinois
Crain's Chicago Business reports: "There's more than a touch of absurdity in the way an industry fee in President Barack Obama's health care law is being passed along to state taxpayers. As Alice in Wonderland might say, a curious tax just got curiouser. The burden to...
IRS sets 2016 HSA limits
Benefits Pro reports: "The IRS said it is raising the maximum allowable contribution to a health savings account by $100 in 2016 — but only for families. The IRS quietly announced last week that the maximum contribution that can be made next year to an HSA linked to a...
Feds close insurance loopholes on preventive care
Yahoo Finance reports: " From contraception to colonoscopies, the Obama administration Monday closed a series of insurance loopholes on coverage of preventive care. The department of Health and Human Services said insurers must cover at least one birth control option...
The Employer Shared Responsibility Payment
Healthcare.gov reports: "The Employer Shared Responsibility Payment applies to some businesses with 50 or more full-time employees who don't offer insurance, or whose coverage doesn't meet certain minimum standards. Regulations announced in 2014 have updated the...
The Employer Shared Responsibility Payment
HealthCare.gov reports: "The Employer Shared Responsibility Payment applies to some businesses with 50 or more full-time employees who don't offer insurance, or whose coverage doesn't meet certain minimum standards. Regulations announced in 2014 have updated the...