IRS Letter 226J Notices for 2015 Tax Year May Be Issued Through 2019

IRS Letter 226J Notices for 2015 Tax Year May Be Issued Through 2019

September 19, 2018 3 minute read:  Employers who have not yet received a 2015 ESRP penalty notice should not breathe a sigh of relief yet. The IRS identified 49,259 employers at risk for Read More
Organizations Ignoring the ACA are at Financial Risk

Organizations Ignoring the ACA are at Financial Risk

March 26, 2018 5 minute read:  It’s hard to believe, but many organizations continue to be in denial about their need to comply with the Affordable Care Act (ACA). Time and time again Read More
Individual Healthcare Mandate Being Considered in Maryland [UPDATE]

Individual Healthcare Mandate Being Considered in Maryland [UPDATE]

January 18, 2018 Senate Republicans added repeal of the ACA’s individual mandate to the Senate’s tax reform bill to save nearly $340 billion in federal funds during the next decade to mitigate increases Read More
The Affordable Care Act Has Helped Millions, But There’s More Work To Do

The Affordable Care Act Has Helped Millions, But There’s More Work To Do

January 9, 2018 In 2010, former President Barack Obama introduced the Affordable Care Act (ACA) in an effort to provide more Americans with health coverage. Over the course of its now-nearly eight-year run, Read More
Tax Reform Bills Keep ACA Employer Mandate Intact

Tax Reform Bills Keep ACA Employer Mandate Intact

December 14, 2017 Throwback Thursday Feature from Wednesday, December 6, 2017. When the U.S. House and Senate Republicans meet in conference to discuss how they will reconcile their two different tax reform legislations, among Read More
Who’s Thankful for the ACA?

Who’s Thankful for the ACA?

November 22, 2017 As we enter into the annual Thanksgiving break, there is much to be thankful for. Most lists will include giving thanks for family, friends, and employment. And almost 1.5 million Read More
The Healthcare Marketplace is Stabilizing Around the ACA

The Healthcare Marketplace is Stabilizing Around the ACA

November 16, 2017 We are well into open enrollment period for the Affordable Care Act (ACA). Despite significant increases in premium rates for 2018, enrollment for healthcare coverage on HealthCare.gov is higher than Read More
With ACA Open Enrollment Weeks Away, Trump Cancellation of CSR Payments Not Deterring Insurers

With ACA Open Enrollment Weeks Away, Trump Cancellation of CSR Payments Not Deterring Insurers

October 23, 2017 Perhaps only time will tell if President Trump can succeed where Republicans in Congress have failed to obliterate the Affordable Care Act (ACA). The President’s ambitious attempts to derail the Read More
Back to Congress: Changes to Modify the ACA to Continue Subsidy Payments to Insurers to Stabilize Insurance Markets Are Still In Play

Back to Congress: Changes to Modify the ACA to Continue Subsidy Payments to Insurers to Stabilize Insurance Markets Are Still In Play

October 18, 2017 Bipartisan discussions spearheaded by the U.S. Senate’s Committee on Health, Education, Labor and Pensions may lead to legislation that will continue cost-sharing reduction (CSR) payments to insurance companies providing health Read More
Possible Extension Of Cost-Sharing Reduction Payments, More Flexibility for States May Face A Challenge

Possible Extension Of Cost-Sharing Reduction Payments, More Flexibility for States May Face A Challenge

September 19, 2017 The U.S. Senate Committee on Health, Education, Labor and Pensions hearings on the Affordable Care Act could lead to bipartisan legislation for Congressional approval to continue cost-sharing reduction (CSR) payments Read More
Congressional Budget Office Expects Health Insurance Premiums to Increase

Congressional Budget Office Expects Health Insurance Premiums to Increase

August 17, 2017 Gross premiums for silver-level health insurance plans purchased through the healthcare marketplace would be 20 percent higher in 2018 and 25 percent higher by 2020 if cost-sharing reductions (CSRs) payments Read More
Medicaid Receives Praise From Its Recipients

Medicaid Receives Praise From Its Recipients

July 27, 2017 There’s a fallacy amongst some people that suggests Medicaid recipients are receiving less than stellar healthcare. That couldn’t be further from the truth according to a new study from Harvard’s Read More
Infographic: Before And After The ACA

Infographic: Before And After The ACA

July 25, 2017 The Congressional Budget Office previously forewarned that a post-ACA world would lead to some financial troubles, and that those effects could trickle down significantly into the pockets of the American Read More
Complexities Await Should ACA Be Amended Prior To Repeal

Complexities Await Should ACA Be Amended Prior To Repeal

June 27, 2017 On June 26, President Trump tweeted, “Republican Senators are working very hard to get there, with no help from the Democrats. Not easy! Perhaps just let OCare crash & burn!” Read More
Senate Republicans Ready ACA Replacement Plan In Private

Senate Republicans Ready ACA Replacement Plan In Private

June 21, 2017 Earlier this year, House Republicans gathered in the wee hours of the morning to secretly prepare a replacement plan for the repeal of the Affordable Care Act (ACA). The result Read More
Has The Public Changed Its Tune On The Affordable Care Act?

Has The Public Changed Its Tune On The Affordable Care Act?

June 5, 2017 The fate of the Affordable Care Act currently rests in the hands of Senate as they dissect Trump’s American Health Care Act and either approve it, dismantle it or just Read More
President Trump’s Budget Proposal Poses Continued Threat To Medicaid And Planned Parenthood

President Trump’s Budget Proposal Poses Continued Threat To Medicaid And Planned Parenthood

May 31, 2017 Last week, news broke that the Congressional Budget Office (CBO) estimated that Trump’s newly revamped American Health Care Act (AHCA) will leave 23 million more people uninsured in 2026 than Read More
CBO Scoring Shows 23 Million Will Lose Insurance by 2026 Under the Revised House Healthcare Bill

CBO Scoring Shows 23 Million Will Lose Insurance by 2026 Under the Revised House Healthcare Bill

May 25, 2017 So much of Senate’s decisions appear to be surrounding the House GOP’s proposed healthcare bill rested on a score from the Congressional Budget Office (CBO). The scoring was guaranteed by Read More
Senate Begins Drafting Its Own ACA Replacement Bill, Some Related Taxes May Stay

Senate Begins Drafting Its Own ACA Replacement Bill, Some Related Taxes May Stay

May 15, 2017 Within hours of Trump’s proposed American Health Care Act bill passing through House vote with only four votes despite a large Republican majority, rumors circulated that it would more than Read More
Changes to ACA May Not Happen Until After 2018 Election

Changes to ACA May Not Happen Until After 2018 Election

May 11, 2017 Last week, Trump’s American Health Care Act (AHCA) passed in the House with only a four-vote win despite the large majority by Republican Representatives. The bill, also known as Trumpcare, Read More
GOP Health Care Bill Now Faces Uphill Battle in Senate

GOP Health Care Bill Now Faces Uphill Battle in Senate

May 4, 2017 Today, with a vote count of 217 for and 213 against, the heavily Republican majority House passed the amended American Healthcare Act (AHCA). This rushed vote came with less than Read More
Would American Health Care Act Dis-incentivize Employers From Offering Healthcare?

Would American Health Care Act Dis-incentivize Employers From Offering Healthcare?

March 23, 2017 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 Read More
Just Weeks After Replacement Plan Surfaces, House GOP Readies Amendments

Just Weeks After Replacement Plan Surfaces, House GOP Readies Amendments

March 17, 2017 A 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. Read More
As ACA Repeal Draws Near, The CBO Weighs In

As ACA Repeal Draws Near, The CBO Weighs In

February 7, 2017 In a report dated January 17, the Congressional Budget Office (CBO) offered estimates on what would happen should the ACA be repealed. These figures range from premium prices to statistics Read More
ACA Reporting And The IRS: What To Know About The Letter You Received

ACA Reporting And The IRS: What To Know About The Letter You Received

January 30, 2017 At the close of 2016, the IRS letters mailed notices to employers, signaling the start of the IRS’s Read More
The IRS ACA Audit Has Begun: What To Do To Avoid Penalties

The IRS ACA Audit Has Begun: What To Do To Avoid Penalties

January 5, 2017 A round of IRS letters have been mailed out to employers, signifying the start of the IRS’s Affordable Care Act audit process. As the Congressional Budget Office (CBO) anticipates nine Read More
CBO 10-Year Penalty Predictions Escalate, Now Over 225 Billion

CBO 10-Year Penalty Predictions Escalate, Now Over 225 Billion

August 15, 2016 Penalties are no joking matter when it comes to employers and the Affordable Care Act. A slip up in paperwork, negligence in reporting, or not offering minimum essential coverage to Read More
Small Businesses Are Still Not Moved By Health Care Tax Credits, Per Update From The GAO

Small Businesses Are Still Not Moved By Health Care Tax Credits, Per Update From The GAO

July 26, 2016 Applicable Large Employers, i.e. those with 50 or more full-time or full-time equivalent employees, have reluctantly taken to the ACA’s mandate for employer-sponsored health care for its employees. And while Read More