Latest News + Info
The latest information relating to the health insurance industry.
Benefits Selling’s 2014 Employer Survey
Benefits Pro reports: "The implementation of the Patient Protection and Affordable Care Act has made most employers “rethink” their employee benefit offerings, including increasing employees’ share of cost even more via consumer-driven plans. According to Benefits...
CBO: Cost of Obamacare Subsidy Will Increase 8-Fold in 10 Years
Fox News reports: "The cost of the Obamacare subsidy that the U.S. Treasury will pay on behalf of people who earn under 400 percent of the federal poverty level and who buy a government-approved health-care plan on a government-run health-insurance exchange will...
Employer Shared Responsibility Payments and Reporting Requirements Under the Affordable Care Act: Code Sections 6055 and 6056
The National Law Review reports: "There are two types of employer shared responsibility payments, also known as pay or play penalties, under the Affordable Care Act (ACA). The first penalty under Internal Revenue Code (Code) Section 4980H(a) is the penalty for...
IRS Gears up for Impact of Health Care Reform on Tax Season
Accounting Today reports: "Internal Revenue Service commissioner John Koskinen told a congressional subcommittee about the IRS’s progress on the Affordable Care Act and the impact that tax subsidies will have next tax season. In a hearing before the House Ways and...
First Steps to Take With IRS Draft ACA Reporting Instructions
Health Insurance Exchange reports: "The Internal Revenue Service late last week released a set of long-awaited draft instructions for the forms employers will need to file to comply with the Affordable Care Act’s employer mandate, providing an opportunity for benefit...
It’s Time to Kick Employer-Sponsored Healthcare to the Curb
Business Cheat Sheet reports: "A great number of people in the United States have grown accustomed to having their employer pay for, or at least subsidize their healthcare costs. That usually takes the form of employer-provided health insurance plans, which have...
Why your 2015 health coverage will cost more
Crain's Chicago Business reports: "A year after the nation embarked on the experiment in health care called Obamacare, rising drug prices threaten to jack up costs for employees and employers alike in 2015. Health care plans spend the most on drugs for common chronic...
Five States To Get Early Access To Small Business Health Insurance Marketplace
Kaiser Health News reports: "Businesses in five states will get an early look at the federal health insurance marketplace for small businesses, the Centers for Medicare and Medicaid announced Wednesday. The states are Missouri, Illinois, Ohio, New Jersey and Delaware....
High Health Plan Deductibles Weigh Down More Employees
The New York Times reports: "Anita Maina was working on an arts and crafts project she found on Pinterest — creating a table out of wood and cork — when she ripped off a fingernail while removing staples from a piece of wood. “It is one of those things that really...
PPACA preventive services not so free
Benefits Pro reports: "The U.S. Department of Health and Human Services (HHS) made the Patient Protection and Affordable Care Act (PPACA) basic preventive services package famous by putting a controversial mandate -- for "free" birth control benefits -- in the...