Health Care Reform

The Latest:

August 7,2017:  The IRS Office of Chief Counsel has recently issued several information letters clarifying that the ACA's individual and employer mandate penalties are still effective. These letters were issued in response to confusion over President Donald Trump’s executive order directing federal agencies to provide relief from the burdens of the ACA. This ACA Compliance Bulletin summarizes the IRS' information letters. ACA Compliance Bulletin

On May 4, 2017 members of the U.S. House of Representatives voted along party lines to pass an amended version of the American Health Care Act - proposed legislation to repeal and replace the ACA. The AHCA will now move on to be considered by the Senate. This ACA Compliance Bulletin provides an overview of the proposed legislation and its potential impact going forward.

On March 6, 2017, Republican leadership in the U.S. House of Representatives issued two bills, collectively known as the American Health Care Act, to repeal and replace the ACA. This ACA Compliance Bulletin provides an overview of the new legislation.

House Committees Release ACA Replacement Bills, March 6 2017

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The information and news on health care reform can be overwhelming and confusing. The impact on your business depends on a number of factors: your business’ size, its current health care benefits, and the makeup of its work force, to name just a few.

Professional guidance is recommended, before applying anything you read here to your individual or business situation.

**Please also refer to our HR Services>Compliance Corner page for the latest updates specific to compliance.

How does HCR impact your business?

Affordable Care Act Toolkit for the SMALL Employer (R 5/12/17)
Affordable Care Act Toolkit for the LARGE Employer (R 5/12/17)

Small Employer: Employee Benefits Compliance Checklist (R 9/17) This Compliance Overview provides an employee benefits compliance checklist for small employers.

Useful links & information

HealthReform.gov
Health Reform - IRS Information
Health Reform - Kaiser Family Foundation

 

HEALTH CARE REFORM
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