Individuals

Posted May 30th, 2017 in Producers, Employers, Individuals

Unless or until the Affordable Care Act (ACA) is repealed, the Individual and Employer Mandates remain intact, and earlier this month the Internal Revenue Service (IRS) issued some regulatory guidance pertaining to the two mandates for 2018.

Posted May 23rd, 2017 in Producers, Employers, Individuals
One of the major issues at hand is whether the Trump administration will continue funding the cost-sharing reduction subsidies (CSRs), which are available to people who purchase coverage on the Health Insurance Marketplace. If the CSR subsidy funding is eliminated, there will be a great deal of volatility added to the individual health insurance market, and here’s why. 
 
Posted May 9th, 2017 in Producers, Employers, Individuals
Democrats could literally be heard singing “Na, Na, Na, Na, Hey, Hey, Goodbye” after House Republicans passed the American Health Care Act (ACA), a bill that aims to repeal and replace much of the Affordable Care Act (ACA). Why the heck would Democrats be singing this song since Republicans are one step closer to getting rid of their signature law? It turns out they were taunting House Republicans who they think won’t get reelected now that they voted to pass the AHCA.
 
Posted May 9th, 2017 in Producers, Employers, Individuals

The Internal Revenue Service (IRS) issued Revenue Procedure 2017-37 last week with information on the Health Savings Account (HSA) and qualified high-deductible health plan (HDHP) limits for 2018.

These limits are updated annually and reflect cost-of-living adjustments.

HSA contribution limits

Posted April 18th, 2017 in Producers, Employers, Individuals
On April 13th, the Centers for Medicare and Medicaid Services (CMS) finalized rules which aim to stabilize Exchanges and the individual marketplace. There are five key takeaways from the new rules:
 
Posted April 12th, 2017 in Producers, Employers, Individuals
Last week, House Republicans renewed their efforts to repeal and replace the Affordable Care Act (ACA). Several closed-door meetings were held in an attempt to devise a plan that would appease both Conservative and Moderate Republicans. Progress is believed to have been made, but there is still not a bill that would pass the House. ACA repeal efforts are likely on a temporary hold as House members have returned to their home states for a two-week Spring recess.
Posted April 5th, 2017 in Producers, Employers, Individuals
You’ve all heard by now that Congress was unsuccessful in passing the American Health Care Act (AHCA), a bill that was intended to repeal and replace significant parts of the Affordable Care Act (ACA). Surely, within time, there will be another bill introduced to change the ACA, but that could take time. It may be weeks, months, or maybe even not until next year, although President Donald Trump does have a “wild card” he can use.
Posted March 27th, 2017 in Producers, Employers, Individuals
It’s as if Harry Houdini himself showed up last Friday and performed his legendary disappearing act, except in this instance it was Republicans who made the American Health Care Act (AHCA) magically disappear. 
 
Posted March 15th, 2017 in Producers, Employers, Individuals

Democrats have some new ammo in their fight to save the Affordable Care Act (ACA) as the Congressional Budget Office (CBO) released its score of the Republican’s plan to repeal and replace key parts of the Affordable Care Act (ACA). The “score” is a report issued by the CBO which outlines the anticipated financial and economic impact of proposed bills, and the score of the American Health Care Act (AHCA), which is the formal name of the repeal and replace bill, had some troubling news for Republicans.

Posted March 8th, 2017 in Producers, Employers, Individuals
On February 24th, Politico got its hands on a rough draft version of a Republican bill that would repeal several key parts of the Affordable Care Act (ACA), and they leaked it to the public. Naturally, Democrats were disgusted by the contents of the bill, but the more interesting thing was even several Republicans said they wouldn’t vote in support of this bill. 
 

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