Archives

IRS Sending ACA Enforcement Notices to Employers

November 21, 2017

Since 2015, applicable large employers (ALEs) have been required by the Affordable Care Act (ACA) to offer their full-time employees (and their dependent children) health coverage or face a section 4980H(a) or (b) employer shared responsibility payment (ESRP).*  (For some employers, transition relief delayed this mandate.) Also since 2015, ALEs have been required to prepare, furnish, and file IRS Forms 1094/1095-C. These forms provide the IRS with data it needs to determine if an ALE owes an ESRP. However, while employers addressed these mandates by spending several years grappling with new administrative challenges and worrying about potential penalties, it did not appear that the IRS had actually assessed any ESRPs. That situation just changed. Read More

Obamacare Mandate Repeal May Not Deliver Predicted Blow

November 21, 2017

Because the tax penalty for not having insurance is far less costly than what many Americans would have to pay for coverage, many have chosen to take the fine. Eliminating it, therefore, might not radically change behavior — or fulfill the dire predictions of spiking premiums and vast increases in uninsured people that economists, health providers and politicians once predicted. Read More

GOP Senator: ObamaCare Fix Could Be In Funding Bill

November 21, 2017

Sen. Lamar Alexander (R-Tenn.) expressed optimism about a bipartisan effort to stabilize ObamaCare markets, saying his bill could be included in the upcoming funding package if it had President Trump's blessing. Read More

Could California Run Out of CHIP Funding by end December?

November 21, 2017

About two months after federal funding lapsed for the Children’s Health Insurance Program, state officials still don’t know exactly when they’ll run out of money or when Congress will renew funding — leaving families that depend on the program increasingly anxious about their benefits. Read More