When news broke last week that the Affordable Care Act would no longer be repealed and replaced, it signified an end to the waiting game on the fate of America’s…
March 2017
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Affordable Care ActHealth Care Coverage
Another Attempt to Repeal the ACA in the Foreseeable Future? Unlikely.
It’s been more than seven years since the enactment of the Patient Protection and Affordable Care Act (ACA) and there were some 60 plus attempts to repeal by Republicans during…
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Affordable Care Act
Businesses Need to Make Affordable Care Act Filings with the IRS by March 31 or Request an Automatic Extension
Some businesses may have suffered from wishful thinking when the legislation to repeal and replace the Patient Protection and Affordable Care Act (ACA) was proposed by Speaker Ryan and trumpeted…
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Affordable Care ActAmerican Health Care Act (AHCA)
Breaking: Affordable Care Act Will Not Be Repealed Due To Votes
by Robert Sheenby Robert SheenThe New York Times broke the story today that House Speaker Paul Ryan “rushed” to the White House to explain to President Trump that he lacked the votes to repeal…
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Affordable Care ActAmerican Health Care Act (AHCA)Health Care Coverage
Would American Health Care Act Dis-incentivize Employers From Offering Healthcare?
Op-Ed Published on LA Biz Journal on March 21, 2017 Starting in the 1940’s, the Internal Revenue Service (IRS) made employer-based healthcare tax free. Employers were not required to offer…
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American Health Care Act (AHCA)MedicaidPolitical Parties
Republicans Amend the American Health Care Act to Add a Work Requirement for Medicaid Eligibility
With the House vote on the American Health Care Act (AHCA) looming for Thursday and concern of its approval among conservatives in the House, GOP leadership has added a “manager’s…
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Affordable Care ActHealth Care Coverage
Infographic: Healthcare Affordability Has Been On The Decline Since 2015
by Robert Sheenby Robert SheenMany have said the Affordable Care Actis still not affordable, and that might be true as a matter of opinion. “Affordability” is defined by the ACA to be below 9.5%…
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ACA AuditACA Compliance
The IRS ACA Audit Process Forces Employers to Prove Their Case or Face Penalties
Op-Ed Updated Published on March 16, 2017 on ‘Accounting Today’ A few weeks after the national election, the Internal Revenue Service (IRS) began to issue notices to employers who may…
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Affordable Care ActHealth Care Coverage
The ACA Replacement Plan Likely To Save Money But Add 24 Million Uninsured
by Robert Sheenby Robert SheenRepublican House Speaker Paul Ryanrecently released the House leadership’s plan for an ACA repeal and replacement. While more light was shed on previously unanswered questions such as the fate of…
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Affordable Care ActAmerican Health Care Act (AHCA)
Just Weeks After Replacement Plan Surfaces, House GOP Readies Amendments
by Robert Sheenby Robert SheenA few weeks ago, Republican House Speaker Paul Ryan voiced the House GOP’s plans for a repeal and the replacement plan, which placed a heavy focus on eliminating ACA-mandated taxes.…
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Affordable Care ActHealth Care CoverageRegulations
Uber Is Triumphant In California Misclassification Case
by Robert Sheenby Robert SheenUber made a huge stride in their favor at the top of March, when a California courtnamed them victorious in yet another misclassification case. The case surrounded once again classifications…
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Affordable Care ActHealth Care Coverage
When It Comes To Healthcare, Are You Grandfathered Or Grandmothered?
by Robert Sheenby Robert SheenThe Center for Consumer Information & Insurance Oversight (CCIIO), under the Centers for Medicare& Medicaid Services (CMS), released a notice at the close of February, announcing that insurance companies may…
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Affordable Care ActHealth Care Coverage
The American Health Care Act Prohibits Tax Credits for Abortion Coverage
The Patient Protection and Affordable Care Act (ACA) did not change state law on abortions and expressly allowed states to elect out of abortion coverage in qualified health plans offered…
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Affordable Care ActHealth Care CoverageReporting
IRS Extends Transition Relief For QSE HRA Notice
by Robert Sheenby Robert SheenAt the close of February, the IRSreleased a notice regarding qualified small employer health reimbursement arrangement (QSE HRA) notices and an extension until further guidance is provided. These notices are…
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Affordable Care Act
KFF Study Shows Proposed ACA Replacement Plan May Cut Tax Credits
by Robert Sheenby Robert SheenAs part of President Trump’s plans for repeal and replacement of the Affordable Care Act, one element that remains in the forefront is that of proposed tax credits (PTCs) for…
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Affordable Care Act
Moral Hazard and the ACA: The Late Nobel Economist Kenneth Arrow’s Legacy Lives On
by Robert Sheenby Robert SheenBy John Dante Kenneth J. Arrow was known for, among other things, laying the intellectual foundation that eventually gave rise to the Affordable Care Act. Born in 1921 in New…
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Health Care CoverageMedicaid
Are Medicaid Recipients Always Below The Federal Poverty Line? The Short Answer Is No.
by Robert Sheenby Robert SheenWhen it comes to Medicaid, there is a lot of confusion as to what it means to be eligible on a state by state basis. The assumption may be that…
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Health Care CoverageReporting
Employer Reporting Continues Under House Republican Leadership Proposed Bill
On March 6, 2017, the House Leadership recently unveiled its proposed bill called “American Health Care Act.”Among its provisions, the bill calls for termination of the issuance of premium tax…
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Affordable Care ActRegulations
House Republican Leadership Announce Their ACA Repeal and Replace Bill
The Republican leadership in the House recently proposed its ACA repeal and replace bill. It remains uncertain as to whether Republicans can secure enough support amongst themselves to pass the…
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Affordable Care ActElection
Will GOP Senators Struggle with Re-Election with an ACA Repeal?
by Robert Sheenby Robert SheenOne thing is for certain when it comes to the Affordable Care Act: it keeps the people talking. As Republicans talk of a repeal, with a replacement plan that will…
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Affordable Care ActHealth Care Reform
Former GOP Speaker Doubts an ACA Repeal Will Occur
by Robert Sheenby Robert SheenOn February 24th, President Trump spoke at the Conservative Political Action Conference (CPAC) and echoed his continued sentiment that the Affordable Care Act must be repealed and replaced. He referred…
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Affordable Care ActReporting
The IRS Won’t Reject Returns Without Healthcare Reporting, But You May Be Penalized
by Robert Sheenby Robert SheenAs we settle into the heart of tax season, the IRS has some new updates regarding how healthcare is reported on tax returns. The Affordable Care Act mandates individuals to…
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ACA ReformHealth Care Coverage
President Trump Proposes New Rule To Stabilize ACA Marketplace
by Robert Sheenby Robert SheenDetails on President Trump’s plans for an ACA repeal and replacement are finally coming to light. In a new proposed rule, the stabilization of the exchange is placed at the…