Starting on January 1, 2020, employers will be able to help their employees pay for qualified medical costs–such as premiums for an Individual Marketplace plan–through a new individual coverage health reimbursement arrangement (ICHRA). An ICHRA is an alternative to a traditional group plan that allows employees to select their own plan on the individual market.
Posts Tagged ‘Medicare’
New Tool To Determine HRA Affordability
Tuesday, October 29th, 2019Explaining Texas v. U.S.: A Guide to the 5th Circuit Appeal in the Case Challenging the ACA
Wednesday, July 24th, 2019“On July 9, 2019, the U.S. Court of Appeals for the 5th Circuit will hear oral argument in Texas v. U.S., the next round of litigation challenging the Affordable Care Act (ACA). The appeals court is reviewing a federal trial court’s decision that the ACA’s minimum essential coverage provision (known as the individual mandate) is unconstitutional and, as a result, requires the entire ACA to be overturned. The individual mandate provides that most people must maintain a minimum level of health insurance coverage; those who do not do so must pay a financial penalty (known as the shared responsibility payment) to the IRS. The individual mandate was upheld as a constitutional exercise of Congress’ taxing power by a five member majority of the U.S. Supreme Court in NFIB v. Sebelius in 2012.
‘Medicare for All’ system could be complicated, potentially disruptive, say budget analysts
Monday, May 20th, 2019“As “Medicare for All” increasingly becomes a battle cry for Democrats on Capitol Hill and those running for president, the nonpartisan Congressional Budget Office weighed in Wednesday on how difficult it could be to move to a single government health care system.
How your health care would change under “Medicare for All”
Monday, April 15th, 2019“Bernie Sanders’ “Medicare for All” push has upended Democratic politics almost as thoroughly as it would upend the health care system.
American Hospital Association Issues Statement on Senate Medicare for All Proposal
Monday, April 15th, 2019“The American Hospital Association issued the following statement by Executive Vice President Tom Nickels:
“America’s hospitals and health systems share the goal of achieving universal coverage for all Americans. However, “Medicare for All,” while promising a one-size-fits-all solution, would instead take away choice from millions of Americans and put access to vital health care services at risk.
Nancy Pelosi urges caution on ‘Medicare for All,’ says Obamacare is best path to ‘quality, affordable’ health care
Tuesday, April 9th, 2019“In an interview with The Washington Post published this week, House Speaker Nancy Pelosi challenged a health-care proposal touted by many Democrats, questioning if the “Medicare for All” bill will be able to supply as much coverage as the Affordable Care Act.
Can Health Savings Accounts Be a Bulwark Against Long-Term Care Costs?
Tuesday, August 21st, 2018“Many retirement accumulators take pains to dot the i’s and cross the t’s of their retirement plans. They noodle over their portfolios’ asset allocations, carefully calibrate when they’ll begin claiming Social Security benefits, and think hard about withdrawal rates.
But many such painstaking retirement planners don’t give another major variable more than the periodic anxious thought: how to pay for long-term care. And is it any wonder so many people are in denial? For one thing, it’s a flip of the coin as to whether you’ll need long-term care: 52% of people turning 65 are expected to have a long-term care need during their lifetimes, and another 48% will not. The prospect of needing long-term care is inherently unpleasant, and that care can also be ruinously expensive, running upward of $100,000 per year in urban areas.
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A Rare Loss for U.S. Pharma Lobby Will Cost the Industry Billions
Monday, April 9th, 2018“Deep in a budget deal Congress passed earlier this year — just 118 words in Section 53116, a little before passages on prison reporting data and payment yields for seed cotton — was a hit to pharmaceutical companies that will cost them billions, and could signal more losses to come. (more…)
Scammers Are Using New Medicare Cards to Try to Trick Seniors
Thursday, April 5th, 2018“If you’re a senior on Medicare, new cards are coming soon. New cards will be mailed out between April 2018 and April 2019, and these new cards will no longer have your Social Security number on them.
