Budget Resolution Includes Three More Tax Cuts

The continuing resolution to fund the federal government through Feb. 8, now working its way to the president’s desk, includes three tax cuts that will add $31 billion to the deficit since the deal includes no spending offsets. The three taxes, all related to the Affordable Care Act (ACA), have proven vastly unpopular on The […]

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States Can Now Add Work or Job Training Requirements to Medicaid

UPDATE: One day after announcing states could institute work requirements for Medicaid, Kentucky became the first state to do so as CMS approved its 2016 waiver request. The state now requires able-bodied adult recipients to participate in at least 80 hours per month of “employment activities,” which include jobs training, education and community service. The […]

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IRS Extends Deadline for Furnishing Form 1095-C to Employees

The IRS has extended by 30 days the deadline for providing Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, to each employee. The new deadline is March 2, 2018, replacing the original Jan. 31 deadline. Form 1095-C affects Applicable Large Employers (ALEs), those with 50 or more employees, who are mandated to provide essential health benefits. […]

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Some State ACA Exchanges Still Open

A handful of states are still operating their Affordable Care Act (ACA) marketplace exchanges, even after the federal exchange — HealthCare.gov — closed down in mid-December for everyone except those in hurricane- or wind-ravaged areas. The federal exchange, even with a window half as long as in 2016, saw 8.8 million people sign-up for coverage […]

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Obamacare Employer Mandate Penalties Arrive in the Mail

The individual mandate of the Affordable Care Act (ACA, aka Obamacare) may be expiring — in 2019 — but the employer mandate is alive and well, and companies were sent notices in November advising them of any violations and the consequent tax penalty due. According to the employer mandate provision, companies with 50 or more […]

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ACA Sign-Ups Reach 8.8 Million on HealthCare.Gov

Despite an open enrollment period only half as long as 2016’s and a reduction in advertising and promotion funds by 90 percent, 8.8 million people signed up for health insurance policies on HealthCare.gov, the federal marketplace for the Affordable Care Act (ACA). Last year 9.2 million signed up, but they had until Jan. 31 instead […]

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Individual Mandate Repeal Stirs Worries over Obamacare’s Viability

Congress this morning passed its tax reform legislation and sent it to the president’s desk for signing. The inclusion of a provision to repeal the Affordable Care Act (ACA, or Obamacare) individual mandate has caused concern that a shrinking pool of young people on the Obamacare exchanges will result in higher premiums for older, sicker […]

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With Enrollment Soon Closing, Obamacare Sign-ups Reach 4.7 Million

Friday (Dec. 15) is the end of this year’s open enrollment at HealthCare.gov, and the latest tally shows that 4.7 million people have so far signed up for Obamacare health insurance policies. In 2016, a total of 9.2 million enrolled, but that sign-up period stretched into January of this year. Of the 4,678,361 million who […]

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Health Care Spending Slows Nationally, Rises Individually

The Centers for Medicare and Medicaid Services (CMS) reported on Dec. 6 that health care spending in 2016 slowed its growth rate, whereas individuals’ out-of-pocket costs rose. In 2016 health care expenditures reached $3.3 trillion, an increase of 4.3 percent, following two years of rapid growth during the first years of the Affordable Care Act […]

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Obamacare Enrollment Reaches 3.6 Million in Latest Tally

As of Saturday, Dec. 2, Obamacare enrollment on the federal marketplace had reached 3.6 million with two weeks remaining before open enrollment closes on Dec. 15. A total of 823,180 people during the week ending Dec. 2 signed up for an insurance plan sold on HealthCare.gov, which serves most of the United States, according to  […]

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