Article is from Zack Pace, from Employee Benefit News (EBN) Commentary: As you’ve no doubt noticed, the federal government made sweeping legislative and regulatory changes to the Affordable Care Act during the fourth quarter of 2015. During the last two weeks of December, I felt like I was drinking from a six-inch fire hose. How [...]
While there is plenty of discussion about the tax on high cost health plans, the tone has changed somewhat since the CBO said the federal government would forfeit over $80 billion if the tax were repealed. One of the big concerns related to the Cadillac Tax is its impact on benefits that help reduce out-of-pocket [...]
Under the Affordable Care Act (ACA), Applicable Large Employers (ALEs) can avoid paying the $2,000 per employee penalty for failing to offer qualifying health coverage by offering full-time employees a Minimum Essential Coverage (MEC) plan. Offering the most basic benefits – MEC plans offer only the most basic level of benefits required under ERISA and [...]
"A health law fine on the uninsured will more than double" Article is by Ricardo Alonso-Zaldivar, Associated Press, from wfsb.com Washington (AP) - The math is harsh: The federal penalty for having no health insurance is set to jump to $695, and the Obama administration is being urged to highlight that cold fact in its [...]
