With the major elements of the Affordable Care Act taking effect this year, mini-med plans have met their demise, but skinny plans are gaining traction in their place.
Earlier this week, the Supreme Court ruled that, as applied to closely held corporations, Obamacares contraception mandate requiring employers to provide workers with no-cost access to contraception violates the Religious Freedom Restoration Act. Reaction to the case, Burwell v. Hobby Lobby Stores, Inc., was swift, although most legal experts believe it is not likely to have broad implications for the majority of employer-sponsored health care plans.
Nearly all inconsistencies for those who enrolled for health care through the Affordable Care Acts federal exchanges were unable to be resolved due to Centers for Medicare and Medicaid Services systems not being fully operational.
The IRS has issued final regulations clarifying tax credits for small employers offering coverage to their employees through the SHOP exchange.
Benefit broker and former lawyer David C. Smith breaks down this question that has been somewhat controversial in the past few months, yet he says has a very clear answer.
Over the last year, skinny plans have gained some acceptance among employers under the employer shared responsibility provisions of the Affordable Care Act. And while a skinny plan might be limited to preventative services only, the skinny plans appearing in the marketplace generally include a handful of other features.
When he ran for president in 1988, Michael Dukakis infused the phrase Massachusetts Miracle into stump speeches to describe the states economic transformation. That same description could apply if a costly and controversial plan to fix the states Connector exchange succeeds.
The UnitedHealth Group Inc. executive whose Optum division helped states and the federal government fix Obamacare health exchanges will become second-in- command at the agency that runs the U.S. program.
A contractor the Obama administration hired to monitor progress on its health insurance website, Healthcare.gov, repeatedly warned the project was falling behind before the site failed in October, Senate Republicans said in a report.
The state of Massachusetts officially repealed the employer pay-or-play regulations that were part of its landmark 2006 health care reform law. Similar to the employer mandate in the Affordable Care Act, the state statute required employers of a certain size to either offer health care coverage to their employees or pay a fine.
With some state-run exchanges struggling, brokers and agents contemplate whether a national Healthcare.gov is possible and whether that would be a good or a bad thing for the insurance community.
This figure is about one-third less than previously estimated, after the Obama administration created exemptions from the fine.
Sylvia Mathews Burwell was confirmed Thursday by the U.S. Senate as the secretary of the Department of Health and Human Services, replacing Kathleen Sebelius and signaling a new stage for Obamacare.
The IRS issued final regulations in March designed to simplify the employer reporting requirements imposed by the Affordable Care Act. Most importantly, the regulations permit combined reporting for the multiple requirements and simplify reporting where a large employer provides affordable group health coverage, which is of minimum value to almost all of its employees. Here's how the new regulations will affect both large and small employers.
Benefit advisers can advise their clients on a recent court case that confirms ERISA penalties will ensue for plan administrators that fail to provide plan documents when requested by a plan participant or plan sponsor.