July 15, 2013
According to Bob Laszewski, a leading anaylyst regarding health care policy, health insurance exchanges will be granted the honor system – meaning that insurance exchanges can mostly rely upon the applicant’s statement regarding their income versus requiring proof of income. This issue leads to the question – is there something wrong with the Federal Data …
July 8, 2013
On July 9, 2013, the Internal Revenue Service (IRS) issued formal guidance on the Employer Mandate Penalties Delay. See Notice 2013-45 as well as our Legislative Brief (Link didn’t work) for more details. The delay does not affect any other provision of the ACA, including individuals’ access to premium tax credits for coverage through an Exchange.
July 1, 2013
Late last Tuesday, the Department of Treasury unexpectedly announced that the effective date of a key provision of the Affordable Care Act has been delayed for one year. The announcement delays the effective date of the employer shared responsibility requirement, a crucial component of the Affordable Care Act. This provision, also known as the “employer …