Archives

IRS Finalizes Premium Tax Credit Rules Virtually Unchanged

July 27, 2017

On July 24, 2017, the Internal Revenue Service finalized proposed and temporary regulations governing Affordable Care Act (ACA) premium tax credits that had been issued in July of 2014. Except for one minor technical change, the 2014 proposed and temporary rules are adopted unchanged. The temporary regulations were apparently about ready to expire. The preamble to the regulation rejects a number of suggestions to extend the earlier rules, but does so in a calm and reasonable manner that is almost jarring given the current inflamed rhetoric surrounding the ACA. Until the ACA is amended, it is still the law of the land and the IRS is going to make it work. Read More

Unsure of the Future, States Guess Their Way Through 2018 Rate Filing Season

July 27, 2017

Faced with uncertainty around the federal government's commitment to pay out funds meant to help consumers afford coverage on Affordable Care Act exchanges, state insurance commissioners are being put in the position to guess the future. If they make the wrong choice, their residents could find themselves without coverage and the ability to access care. Read More

Republicans Vote to Move Ahead on Obamacare Repeal

July 25, 2017

The vote is a huge political win and turnaround for Senate Majority Leader Mitch McConnell and Republicans who've promised for seven years to repeal Obamacare if voters gave them control of Congress and the White House. Read More