The IRS released draft forms for employers to use to report health coverage offerings to employees, unveiling a glimpse of the administrative onus in store for benefit advisers and their employer clients working to comply with the health law.
The White House this week breathed a sigh of relief and conservatives simply sighed when hours after a D.C. federal appeals court ruled that the Internal Revenue Service exceeded its authority in providing tax credit subsidies in 34 states, another federal appellate court ruled the opposite.
In another blow to the health laws federal subsidies this week, the GAO says fake application information successfully yielded subsidy payouts in an undercover investigation. One broker says if consumers are able to obtain subsidies in circumstances where they shouldnt, theyre not going to trust brokers who tell them the truth.
Two court rulings issued this week taking opposing views on the legality of subsidies granted to individuals who enroll in the public health care exchanges have the potential to further delay the employer mandate, say some legal experts.
The immediate take-away for employers in the Halbig v. Burwell ruling is uncertainty about what the future brings for the Affordable Care Act. If the Halbig majority prevails, Obamacare has been dealt a serious, if not lethal, blow.
President Barack Obamas health care overhaul suffered a potentially crippling blow as a U.S. appeals court ruled the government cant give financial assistance to anyone buying coverage on the insurance marketplace run by federal authorities.
While employers are continuing to feel the impact from a multitude of changing laws and regulations, worries about the Affordable Care Act have begun to subside, to some degree. But the jury is out on the long-term implications of the ACA, and the ways benefits managers will live up to its stipulations in coming years.
The Senate Wednesday failed to get enough support for its reversal plan of the recent Supreme Court Hobby Lobby ruling that will allow some employers to decline providing insurance coverage for some forms of birth control based on religious grounds.
The U.S. House of Representatives will sue President Barack Obamas administration over delaying the implementation of an employer health insurance mandate in the Affordable Care Act.
Sens. Patty Murray (D-Wash.) and Mark Udall (D-Colo.) on Tuesday introduced new legislation to counter the debated Supreme Court Hobby Lobby decision, which favored religious exemptions to certain contraception methods.
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.