In October, a bipartisan group of senators introduced a bill that would ease the ACA reporting mandates for employer-sponsored health plans. The bill would roll back the reporting requirements of Section 6056 and replace them with a voluntary reporting system. The bill would also allow payers to transmit employee notices electronically rather than having to [...]
The ACA has required people to have what the government has classified as minimum essential coverage, or else pay a penalty which now amounts to 2.5% of modified adjusted gross income over the income tax filing threshold. While the House version of tax reform did not change the penalty in any way, the Senate version [...]
We often hear of professional athletes succeeding under pressure by staying “in the moment” and remaining focused on the things that are within their control. This challenge can be applied to the uncomfortable position all of us find ourselves in today – somewhere between complying with existing laws and anticipating the unknowns coming from Washington. [...]
With time running out on an opportunity for Congress to repeal and replace the Affordable Care Act and open enrollment season approaching, thousands of small and mid-sized businesses are likely bracing for another round of premium increases. A growing number of employers, however, will choose to avoid the uncertainty plaguing traditional group insurance markets by [...]
The article below was published on October 10, 2017 by MyHealthGuide, written by Matthew Albright. A bipartisan group of senators introduced a bill the first week in October that will significantly ease the Affordable Care Act reporting mandates for employer-sponsored health plans. The bill, called the Commonsense Reporting Act of 2017, in effect rolls back [...]
The article below was published on September 20, 2017 by Employee Benefit News, written by Victoria Finkle. Although the Cadillac tax isn’t set to go into effect until 2020, employers are already adjusting their health plans in an effort to avoid the added expense. The 40% excise tax on high-cost healthcare, which was created to [...]
The article below was published on September 20, 2017 by Employee Benefit News, written by Victoria Finkle. Although the Cadillac tax isn’t set to go into effect until 2020, employers are already adjusting their health plans in an effort to avoid the added expense. The 40% excise tax on high-cost healthcare, which was created to [...]
The article below was published on September 27, 2017 by Employee Benefit News, written by John Barkett and Julie Stone. The Affordable Care Act brought some significant changes to employer-sponsored healthcare, which employers factored into their long-term healthcare strategies. Revised plans were built to comply with the law’s many complex requirements, even though employers hoped [...]
The Altarum Center for Sustainable Health Spending reports a significant drop in health hiring, pricing and spending during the first five months of this year. On average, 22,000 jobs per month were added by hospitals and ambulatory care facilities, compared to 32,000 per month during the same period in 2016. While the healthcare sector continues [...]
The article below was published on August 19, 2017 by Green Bay Press-Gazette, written by Mike Ferguson. Photo Source: Minerva Studio, Getty Images Wisconsin lawmakers are at an impasse over the state budget. Senate leaders can't agree with their Assembly counterparts on how to fund road repairs, schools, and various agencies. Resolving this [...]
