To continue the review offered by Michael D. Thomas, LifeHealthPro. Although the Affordable Care Act was passed in 2010, there has been a timeline of implementation — with some components being immediately implemented, while others have been implemented over time in 2012, 2013, 2014 and 2015. Note: Numbers 5 and 7 did not directly affect Employers. No. 4: [...]
The 2015 ACA enrollment season starts tomorrow. If you are looking for your Tax Credit from the federal government the Federal Marketplace is your source. To prepare for enrollment see this checklist: FFM Checklist 2015. To check prices and the potential for a Tax Credit, see this link: Marketplace 2015 Plans and Prices To Pre-enroll [...]
As we proceed into the next PPACA enrollment period, the true cost for individuals of Obamacare is becoming increasingly apparent, and we are suffering. Deductibles are increasing dramatically and still premium costs are increasing at 20% to 100% for business owners and some individuals who cannot partake in the “government welfare program” of subsidies. Consider [...]
ACA subsidies on federal exchange overturned (Bloomberg) — President Barack Obama’s health care overhaul suffered a potentially crippling blow as a U.S. appeals court ruled the government can’t give financial assistance to anyone buying coverage on the insurance marketplace run by federal authorities. The decision, if it withstands appeals, may deprive more than half the [...]
Happy Fourth of July to everyone. In case you did not hear, adding to the maximum 90 day wait for eligibility for new hires now the IRS & HHS has decided employers can implement a 30 day Orientation Period before the 90 day period starts. My clients have all implemented a 60 day waiting period [...]
