ACA repeal proposal: Employer mandate gone, Cadillac tax remains

March 07, 2017 0 COMMENTS

On March 6, House Ways and Means Committee Chairman Representative Kevin Brady (R-TX) released long-awaited proposed legislation to repeal and replace the Affordable Care Act (ACA) through a budget process known as reconciliation—a process that allows legislation to be passed with a simple majority in the Senate. The legislation is part of House Republicans’ American Health Care Act.

Employer and individual mandates gone . . . retroactively

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Employers get extension on some ACA reporting dates

January 06, 2016 0 COMMENTS

The IRS has announced that it has extended the deadline for employers subject to certain reporting requirements necessary under the Affordable Care Act (ACA).

New deadlines have been set for employers subject to Sections 6055 and 6056 reporting requirements:End of the Month

  • The deadline for employers to furnish employees Form 1095-B, Health Coverage, and Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, has been extended to March 31. The previous deadline was February 1.
  • The deadline for filing Form 1094-B, Form 1095-B, Form 1094-C, and Form 1095-C with the IRS has been extended to May 31 for employers filing nonelectronically and to June 30 for employers filing electronically. (Employers filing 250 or more information returns are required to file electronically.)

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Obamacare ruling means little change for employers

June 25, 2015 0 COMMENTS

In a much-anticipated June 25 ruling, the U.S. Supreme Court handed President Barack Obama a victory on his administration’s signature piece of legislation—the Affordable Care Act (ACA). Although the ruling was crucial to the future of the healthcare law, it basically means business as usual for employers.

The Court ruled 6-3 in King v. Burwell that federal tax credits to subsidize healthcare coverage are authorized under the ACA. Opponents of the law argued that it doesn’t authorize subsidies to individuals in states that don’t offer a state-run healthcare exchange. Thirty-four states have not set up exchanges, so individuals in those states turn to a federal government exchange.

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High court lets Hobby Lobby, others opt out of contraception coverage under ACA

June 30, 2014 3 COMMENTS

The U.S. Supreme Court reviewed the Affordable Care Act (ACA) again this term, and today, it held in Burwell v. Hobby Lobby Stores, Inc. that the ACA’s contraceptive mandate violates the Religious Freedom Restoration Act of 1993 (RFRA) as it is applied to “closely held corporations.” According to the Court’s 5-4 opinion, the mandate “substantially burdens the exercise of religion.”

Under the ACA (and related Department of Health and Human Services (HHS) regulations), many health insurance plans must cover certain preventive services for women without cost sharing (e.g., coinsurance, copayments, and deductibles). These preventive services include contraceptive methods and counseling—or more specifically, “all Food and Drug Administration approved contraceptive methods, sterilization procedures, and patient education and counseling for all women with reproductive capacity.”

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Supreme Court agrees to hear ACA contraception coverage cases

November 26, 2013 0 COMMENTS

Although the Affordable Care Act (ACA) overcame a large hurdle when the U.S. Supreme Court upheld its provisions (including the individual mandate) last year, the Court announced today that it would take another look at the law. This time, it will be reviewing another one of the law’s controversial mandates—the contraceptive mandate.

Under the ACA, many health insurance plans must cover certain preventive services for women without cost sharing (e.g., coinsurance, copayments, and deductibles). These preventive services include contraceptive methods and counseling—or more specifically, “all Food and Drug Administration approved contraceptive methods, sterilization procedures, and patient education and counseling for all women with reproductive capacity.” However, there are exceptions to the mandate. For example, the requirement to cover such preventive services doesn’t apply to grandfathered health plans or to certain religious employers.

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Health Care Reform: Supreme Court Hears Arguments on Individual Mandates

March 28, 2012 0 COMMENTS

Unless you have spent this week on another planet, you have heard that the U.S. Supreme Court is hearing three days of arguments on the health care form law passed by Congress in 2010. The Court is expected to hand down a decision by the end of June.

On Tuesday, day two of the hearings, the court heard arguments about the individual mandate required by the law. The mandate section of the law includes requirements for certain employers to provide health insurance for their employees or to pay a penalty. Here is a round up of news on the second day of arguments. read more…