IRS to Seize Properties to Settle ACA Penalties

If your business has gotten IRS penalty notices for Affordable Care Act (ACA, or Obamacare) violations, you may soon get what’s called a Letter 5005A — which means pay up or the agency will levy your bank accounts or property to make good on what’s owed. Letter 5005A is sent to employers who did not […]

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Senate Vote Upholds Trump ACA Waiver Rule

One day before open enrollment begins on the Obamacare exchanges, Senate Democrats forced a procedural vote on a Trump-era regulation allowing states to design their own health care programs, and the Republican Senate held mostly firm with only Sen. Susan Collins of Maine siding with the Dems. The final vote was 52-43 affirming the regulation […]

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Judge Orders U.S. to Pay $1.6B to Obamacare Insurers

In the ongoing saga over cost-sharing reduction (CSR) payments to health insurers, a federal judge has sided with the insurers and ordered the federal government to cough up $1.6 billion. The CSR payments were promised in the Affordable Care Act (ACA, or Obamacare) in exchange for insurers keeping premiums affordable for low-income consumers. The funds, […]

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Obamacare Premiums to Decline, Insurer Choices to Increase, CMS Says

Today, the Centers for Medicare & Medicaid Services (CMS) announced that the average premium for the second lowest cost silver plan on HealthCare.gov for a 27 year-old will drop by 4 percent for the 2020 coverage year. Additionally, 20 more issuers will participate in states that use the Federal Health Insurance Exchange platform in 2020 […]

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Texas Judge Who Ruled Obamacare Unconstitutional Nixes Transgender Rule

Judge Reed O’Connor of the Northern District of Texas has placed a nationwide injunction on the Obama-era regulation that prohibited insurers and health care providers who receive federal money from denying treatment to anyone based on sex, gender identity or termination of pregnancy. O’Connor, who last year ruled the Affordable Care Act (ACA, or Obamacare) […]

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Obamacare Rebates Totaling $1 Billion Due by Sept. 30

According to the “medical loss ratio” provision of the Affordable Care Act (ACA, or Obamacare), insurers must rebate excess premiums by Sept. 30 each year. The estimated tab for this fall is approximately $1 billion, according to estimates, as refunds are due for 2016, 2017 and 2018. The rebates will average about $200 for an […]

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Individual Health Insurance Market Continues Its Decline

From a peak of 18.8 million in 2015  — the first year of Obamacare — the number of Americans enrolled in individual marketplace health insurance policies has dropped to 13.7 million, most of the decline stemming from the non-Obamacare exchanges. Following the zeroing out in 2019 of the individual mandate penalty — buy insurance or […]

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After Steep Increases in 2019, Obamacare Premiums Poised to Moderate

An analysis of health insurer rate filings with state commissioners shows that 2020 premiums for policies sold on the Affordable Care Act (ACA, or Obamacare) exchanges look to rise just 0.6 percent, according to a report by Healthcare Dive. Many states might actually see a decrease, with Colorado showing an expected plunge of 18 percent. […]

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No Subsidy=No Obamacare for 2.5 Million Drop-Outs

From 2016 to 2018, 2.5 million customers who failed to qualify for a subsidy dropped their coverage under the Affordable Care Act (ACA, or Obamacare), a 40 percent falloff, according to data released Monday by the Centers for Medicare and Medicaid Services (CMS). “As President Trump predicted, people are fleeing the individual market. Obamacare is […]

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5th Circuit Adds New Wrinkle to Obamacare Ruling Appeal

The 5th Circuit Court of Appeals is set to hear arguments on appeal of a district judge’s ruling that the Affordable Care Act (ACA, or Obamacare) is unconstitutional, but it is now questioning whether anyone has the standing to argue against the ruling. The Trump administration’s Department of Justice (DOJ) has already agreed in toto […]

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